1 LRD to MGA - Convert Liberian Dollar to Malagasy Ariary

Looking at the 30-day window, the LRD/MGA pair traded in a range of 21.9812 to 23.3487. The monthly average was 22.7973 with 1.69% volatility. The relatively low volatility indicates stable trading conditions for the LRD/MGA currency pair.

The current mid-market exchange rate is 1 LRD = 23.5221 MGA, updated as of July 3, 2026, 11:11 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.

Liberian Dollar to Malagasy Ariary Exchange Rate

The LRD/MGA exchange rate tells you how many Malagasy Ariary (MGA) you receive for every Liberian Dollar (LRD). At the current mid-market rate of 1 LRD = 23.5221 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.

Using the LRD/MGA Calculator

The free calculator at the top of this page converts any amount between Liberian Dollar and Malagasy Ariary instantly using live market data. Simply enter an amount in either currency to see the converted value in the other. The tool also shows a conversion table for common amounts, a historical rate chart, and the inverse MGA/LRD rate. Bookmark this page to check the rate whenever you need a quick reference for planning transfers or purchases.

Liberian Dollar Overview

The Liberian Dollar (LRD) is the official currency of Liberia. The US Dollar also circulates widely alongside the Liberian Dollar in daily commerce. Understanding the fundamentals behind LRD helps contextualize its exchange rate movements against MGA and other currencies.

Mid-Market Rate Explained

The mid-market rate of 1 LRD = 23.5221 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.

Reverse Rate: MGA to LRD

The reverse exchange rate is 1 MGA = 0.042513 LRD. This is useful if you are starting with Malagasy Ariary and want to know how much Liberian Dollar 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 LRD converter for the reverse direction.