1 MGA to MUR - Convert Malagasy Ariary to Mauritian Rupee

Looking at the 30-day window, the MGA/MUR pair traded in a range of 0.010900 to 0.011700. The monthly average was 0.011297 with 1.72% volatility. The relatively low volatility indicates stable trading conditions for the MGA/MUR currency pair.

The current mid-market exchange rate is 1 MGA = 0.011075 MUR, updated as of July 3, 2026, 5:50 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 Mauritian Rupee Exchange Rate

The MGA/MUR exchange rate tells you how many Mauritian Rupee (MUR) you receive for every Malagasy Ariary (MGA). At the current mid-market rate of 1 MGA = 0.011075 MUR, 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.

Historical MGA/MUR Trends

The MGA/MUR 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 MUR

International money transfers from Malagasy Ariary to Mauritian Rupee 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.

Using the MGA/MUR Calculator

The free calculator at the top of this page converts any amount between Malagasy Ariary and Mauritian Rupee instantly using live market data. Simply enter an amount in either currency to see the converted value in the other. The tool also shows a conversion table for common amounts, a historical rate chart, and the inverse MUR/MGA rate. Bookmark this page to check the rate whenever you need a quick reference for planning transfers or purchases.

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 MUR and other currencies.