1 MGA to LYD - Convert Malagasy Ariary to Libyan Dinar

Looking at the 30-day window, the MGA/LYD pair traded in a range of 0.001500 to 0.001600. The monthly average was 0.001520 with 2.59% volatility. This downward movement of 4.3% suggests significant momentum in the MGA/LYD exchange rate.

The current mid-market exchange rate is 1 MGA = 0.001503 LYD, updated as of July 3, 2026, 9:01 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.

Malagasy Ariary to Libyan Dinar Exchange Rate

The MGA/LYD exchange rate tells you how many Libyan Dinar (LYD) you receive for every Malagasy Ariary (MGA). At the current mid-market rate of 1 MGA = 0.001503 LYD, 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 LYD Rate

Exchange rates between Malagasy Ariary and Libyan Dinar 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/LYD rate fluctuates throughout trading sessions and over longer time periods.

Historical MGA/LYD Trends

The MGA/LYD 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.

Libyan Dinar Overview

The Libyan Dinar (LYD) is the official currency of Libya. Oil production capacity and political stability are the primary determinants of the dinar's value. The LYD exchange rate against MGA reflects relative economic conditions between the two currency areas.

Mid-Market Rate Explained

The mid-market rate of 1 MGA = 0.001503 LYD 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.