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1 MGA to AED - Convert Malagasy Ariary to UAE Dirham

Malagasy Ariary to UAE Dirham

LIVE
From
MGA
To
0.000861
AED
1.00 MGA = 0.000861 AED
Mid-market rate at 06:10 UTC

MGA to AED exchange rates today

Live rates · Updated every 15 minutes

MGA Malagasy Ariary to UAE Dirham
MGAAED
1 MGA 0.000861 AED
5 MGA 0.004305 AED
10 MGA 0.008610 AED
25 MGA 0.021525 AED
50 MGA 0.043050 AED
100 MGA 0.086100 AED
250 MGA 0.215250 AED
500 MGA 0.430500 AED
1,000 MGA 0.861000 AED
5,000 MGA 4.31 AED
10,000 MGA 8.61 AED
AED UAE Dirham to Malagasy Ariary
AEDMGA
1 AED 1,161.44 MGA
5 AED 5,807.20 MGA
10 AED 11,614.40 MGA
25 AED 29,036.00 MGA
50 AED 58,072.01 MGA
100 AED 116,144.02 MGA
250 AED 290,360.05 MGA
500 AED 580,720.09 MGA
1,000 AED 1,161,440.19 MGA
5,000 AED 5,807,200.93 MGA
10,000 AED 11,614,401.86 MGA

Click any amount to convert. Rates are mid-market and update every 15 minutes.

MGA to AED chart

Historical exchange rate trend

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MGA to AED Statistics

Exchange rate performance overview

MetricLast 30 days
High0.000900
Low0.000887
Average0.000900
Change-1.4%
Volatility0.26%

Looking at the 30-day window, the MGA/AED pair traded in a range of 0.000887 to 0.000900. The monthly average was 0.000900 with 0.26% volatility. The relatively low volatility indicates stable trading conditions for the MGA/AED currency pair.

The current mid-market exchange rate is 1 MGA = 0.000861 AED, updated as of July 3, 2026, 6:10 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.

Currency Information

Malagasy Ariary to UAE Dirham Exchange Rate

The MGA/AED exchange rate tells you how many UAE Dirham (AED) you receive for every Malagasy Ariary (MGA). At the current mid-market rate of 1 MGA = 0.000861 AED, 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.

Historical MGA/AED Trends

The MGA/AED 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.

Using the MGA/AED Calculator

The free calculator at the top of this page converts any amount between Malagasy Ariary and UAE Dirham 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 AED/MGA rate. Bookmark this page to check the rate whenever you need a quick reference for planning transfers or purchases.

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. Understanding the fundamentals behind MGA helps contextualize its exchange rate movements against AED and other currencies.

Mid-Market Rate Explained

The mid-market rate of 1 MGA = 0.000861 AED 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.

MGA
MGA - Malagasy Ariary
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.
AED
AED - UAE Dirham
The United Arab Emirates Dirham (AED) is the official currency of the UAE, pegged to the US Dollar at 3.6725. The UAE's economy is driven by oil exports, tourism, and its position as a global trade and finance hub.

MGA to AED frequently asked questions

Common questions about converting Malagasy Ariary to UAE Dirham

The live mid-market rate is 1 MGA = 0.000861 AED, updated every 15 minutes from global forex data. This mid-market rate represents the fairest available benchmark between buy and sell prices.
At the current rate, 1,000 MGA equals 0.86 AED. Enter any amount in the calculator above for instant conversion. Rates fluctuate throughout the day based on market conditions.
5,000 MGA currently converts to 4.31 AED at the mid-market rate. Actual rates from banks or transfer services may differ by 1-4% due to provider markups and fees.
The reverse rate is 1 AED = 1,161.44 MGA. You can also use our AED to MGA converter page for the opposite direction.
The exchange rate on this page updates every 15 minutes from live global forex market data. Currency markets trade 24 hours a day from Monday to Friday, so the rate changes continuously during trading hours.
Enter your MGA amount in the converter at the top of this page. The calculator instantly shows the equivalent AED value using live market rates. You can also view historical charts and conversion tables for common amounts.