1 BYN to MGA - Convert Belarusian Ruble to Malagasy Ariary

Looking at the 30-day window, the BYN/MGA pair traded in a range of 1,422.2042 to 1,515.1862. The monthly average was 1,476.0011 with 1.95% volatility. This upward movement of 2.4% suggests significant momentum in the BYN/MGA exchange rate.

The current mid-market exchange rate is 1 BYN = 1,458.8036 MGA, updated as of July 3, 2026, 10:24 PM UTC. Mid-market rates represent the fairest available rate and are the midpoint between buy and sell prices on global currency markets. Actual transaction rates from banks or money transfer services may include a markup above this rate.

Belarusian Ruble to Malagasy Ariary Exchange Rate

The BYN/MGA exchange rate tells you how many Malagasy Ariary (MGA) you receive for every Belarusian Ruble (BYN). At the current mid-market rate of 1 BYN = 1,458.8036 MGA, this pair reflects live supply and demand conditions on the global foreign exchange market. The rate updates every 15 minutes on this page, giving you the most current data available.

What Affects the BYN to MGA Rate

Exchange rates between Belarusian Ruble and Malagasy Ariary are influenced by central bank interest rate decisions, inflation differentials, trade balances, and broader economic data releases from both countries. Political stability, commodity prices, and global risk sentiment can also cause significant moves. Monitoring these factors helps explain why the BYN/MGA rate fluctuates throughout trading sessions and over longer time periods.

Historical BYN/MGA Trends

The BYN/MGA exchange rate has fluctuated over time in response to economic cycles, policy changes, and global events. Reviewing historical charts helps identify whether the current rate is relatively favorable or unfavorable compared to recent averages. The 30-day, 90-day, and 1-year chart views on this page provide visual context for understanding where today's rate sits within the broader trend.

Belarusian Ruble Overview

The Belarusian Ruble (BYN) is the official currency of Belarus. Western sanctions have restricted the currency's convertibility and international financial transactions. Understanding the fundamentals behind BYN helps contextualize its exchange rate movements against MGA and other currencies.

Malagasy Ariary Overview

The Malagasy Ariary (MGA) is the official currency of Madagascar. Vanilla production (Madagascar produces 80% of the world's supply), mining, and tourism drive the economy. The MGA exchange rate against BYN reflects relative economic conditions between the two currency areas.

Reverse Rate: MGA to BYN

The reverse exchange rate is 1 MGA = 0.000685 BYN. This is useful if you are starting with Malagasy Ariary and want to know how much Belarusian Ruble you will receive. Both the forward and reverse rates update simultaneously every 15 minutes on this page. You can also visit our dedicated MGA to BYN converter for the reverse direction.