1 MGA to MMK - Convert Malagasy Ariary to Myanmar Kyat

Looking at the 30-day window, the MGA/MMK pair traded in a range of 0.490500 to 0.520900. The monthly average was 0.508122 with 1.41% volatility. The relatively low volatility indicates stable trading conditions for the MGA/MMK currency pair.

The current mid-market exchange rate is 1 MGA = 0.491397 MMK, 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 Myanmar Kyat Exchange Rate

The MGA/MMK exchange rate tells you how many Myanmar Kyat (MMK) you receive for every Malagasy Ariary (MGA). At the current mid-market rate of 1 MGA = 0.491397 MMK, 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.

MGA/MMK for Travelers and Businesses

Whether you are traveling, sending money internationally, or managing business payments, the MGA to MMK 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/MMK Trends

The MGA/MMK 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.

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 MMK and other currencies.

Myanmar Kyat Overview

The Myanmar Kyat (MMK) is the official currency of Myanmar. Political instability since the 2021 military coup has created significant currency market disruption and multiple exchange rates. The MMK exchange rate against MGA reflects relative economic conditions between the two currency areas.

Mid-Market Rate Explained

The mid-market rate of 1 MGA = 0.491397 MMK 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.