1 GYD to MGA - Convert Guyanese Dollar to Malagasy Ariary

Looking at the 30-day window, the GYD/MGA pair traded in a range of 19.4165 to 20.8514. The monthly average was 20.1682 with 1.79% volatility. This upward movement of 2.9% suggests significant momentum in the GYD/MGA exchange rate.

The current mid-market exchange rate is 1 GYD = 20.3989 MGA, updated as of July 3, 2026, 7:47 AM 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.

Guyanese Dollar to Malagasy Ariary Exchange Rate

The GYD/MGA exchange rate tells you how many Malagasy Ariary (MGA) you receive for every Guyanese Dollar (GYD). At the current mid-market rate of 1 GYD = 20.3989 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.

Understanding the GYD/MGA Conversion

Converting Guyanese Dollar to Malagasy Ariary involves the mid-market rate, which represents the midpoint between what buyers are willing to pay and what sellers are asking. Banks and money transfer services typically add a markup of 1-4% above this rate. By checking the live mid-market rate on this page before making any conversion, you can evaluate how competitive any quoted rate truly is and avoid paying more than necessary for your currency exchange.

Historical GYD/MGA Trends

The GYD/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.

Guyanese Dollar Overview

The Guyanese Dollar (GYD) is the official currency of Guyana. Recent massive oil discoveries have transformed the country's economic outlook and fiscal position. Understanding the fundamentals behind GYD helps contextualize its exchange rate movements against MGA and other currencies.

Mid-Market Rate Explained

The mid-market rate of 1 GYD = 20.3989 MGA shown on this page is the fairest available exchange rate. It sits exactly between the buy and sell prices quoted by major financial institutions. No single provider can offer exactly the mid-market rate since their business model requires a small spread, but the best providers come within 0.5-1% of this benchmark. Use our rate as your comparison baseline.