1 MGA to HTG - Convert Malagasy Ariary to Haitian Gourde

Looking at the 30-day window, the MGA/HTG pair traded in a range of 0.030300 to 0.032400. The monthly average was 0.031362 with 1.98% volatility. This upward movement of 2.3% suggests significant momentum in the MGA/HTG exchange rate.

The current mid-market exchange rate is 1 MGA = 0.030661 HTG, updated as of July 3, 2026, 6:32 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 Haitian Gourde Exchange Rate

The MGA/HTG exchange rate tells you how many Haitian Gourde (HTG) you receive for every Malagasy Ariary (MGA). At the current mid-market rate of 1 MGA = 0.030661 HTG, 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 HTG Rate

Exchange rates between Malagasy Ariary and Haitian Gourde 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/HTG rate fluctuates throughout trading sessions and over longer time periods.

MGA/HTG for Travelers and Businesses

Whether you are traveling, sending money internationally, or managing business payments, the MGA to HTG rate directly affects your costs. Travelers should compare airport exchange counters, city center bureaux, and card-based options before converting. Businesses managing recurring cross-border payments benefit from setting up rate alerts and locking in favorable rates when they appear. The conversion table on this page helps you quickly reference common amounts.

Historical MGA/HTG Trends

The MGA/HTG 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.

Mid-Market Rate Explained

The mid-market rate of 1 MGA = 0.030661 HTG 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: HTG to MGA

The reverse exchange rate is 1 HTG = 32.6147 MGA. This is useful if you are starting with Haitian Gourde 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 HTG to MGA converter for the reverse direction.