1 MGA to CRC - Convert Malagasy Ariary to Costa Rican Colón

Looking at the 30-day window, the MGA/CRC pair traded in a range of 0.105000 to 0.110700. The monthly average was 0.107666 with 1.64% volatility. The relatively low volatility indicates stable trading conditions for the MGA/CRC currency pair.

The current mid-market exchange rate is 1 MGA = 0.106713 CRC, updated as of July 3, 2026, 6:18 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.

Malagasy Ariary to Costa Rican Colón Exchange Rate

The MGA/CRC exchange rate tells you how many Costa Rican Colón (CRC) you receive for every Malagasy Ariary (MGA). At the current mid-market rate of 1 MGA = 0.106713 CRC, 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 MGA to CRC Rate

Exchange rates between Malagasy Ariary and Costa Rican Colón 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 MGA/CRC rate fluctuates throughout trading sessions and over longer time periods.

Historical MGA/CRC Trends

The MGA/CRC 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.

Sending Money from MGA to CRC

International money transfers from Malagasy Ariary to Costa Rican Colón can be made through banks, online transfer services, or specialist forex brokers. Transfer times range from instant to several business days depending on the corridor and provider. Online services like Wise, Revolut, and OFX typically offer better rates and lower fees than traditional bank wire transfers, though availability varies by country and currency pair.

Costa Rican Colón Overview

The Costa Rican Colon (CRC) is the official currency of Costa Rica. Tourism, medical devices, and technology exports drive Central America's most stable economy. The CRC exchange rate against MGA reflects relative economic conditions between the two currency areas.

Reverse Rate: CRC to MGA

The reverse exchange rate is 1 CRC = 9.3709 MGA. This is useful if you are starting with Costa Rican Colón and want to know how much Malagasy Ariary you will receive. Both the forward and reverse rates update simultaneously every 15 minutes on this page. You can also visit our dedicated CRC to MGA converter for the reverse direction.