1 MGA to LAK - Convert Malagasy Ariary to Lao Kip

Looking at the 30-day window, the MGA/LAK pair traded in a range of 5.0375 to 5.4171. The monthly average was 5.2141 with 1.81% volatility. The relatively low volatility indicates stable trading conditions for the MGA/LAK currency pair.

The current mid-market exchange rate is 1 MGA = 5.1981 LAK, updated as of July 3, 2026, 6:29 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 Lao Kip Exchange Rate

The MGA/LAK exchange rate tells you how many Lao Kip (LAK) you receive for every Malagasy Ariary (MGA). At the current mid-market rate of 1 MGA = 5.1981 LAK, 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.

How to Get the Best MGA to LAK Rate

To minimize conversion costs, compare the rate offered by your bank or transfer service against the mid-market rate shown on this page. Online money transfer services and fintech apps often provide rates 2-3% better than traditional banks. For larger amounts, the savings from finding a competitive rate can be substantial. Always check the total cost including both the exchange rate markup and any fixed fees charged by the provider.

Historical MGA/LAK Trends

The MGA/LAK 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 LAK

International money transfers from Malagasy Ariary to Lao Kip 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.

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 LAK and other currencies.