1 MGA to RSD - Convert Malagasy Ariary to Serbian Dinar

Looking at the 30-day window, the MGA/RSD pair traded in a range of 0.023400 to 0.024900. The monthly average was 0.024225 with 1.68% volatility. The relatively low volatility indicates stable trading conditions for the MGA/RSD currency pair.

The current mid-market exchange rate is 1 MGA = 0.024153 RSD, updated as of July 3, 2026, 6:24 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 Serbian Dinar Exchange Rate

The MGA/RSD exchange rate tells you how many Serbian Dinar (RSD) you receive for every Malagasy Ariary (MGA). At the current mid-market rate of 1 MGA = 0.024153 RSD, 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/RSD for Travelers and Businesses

Whether you are traveling, sending money internationally, or managing business payments, the MGA to RSD 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.

Sending Money from MGA to RSD

International money transfers from Malagasy Ariary to Serbian Dinar 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.

Serbian Dinar Overview

The Serbian Dinar (RSD) is the official currency of Serbia, managed through a managed float with de facto euro targeting. Serbia is an EU candidate country. The RSD exchange rate against MGA reflects relative economic conditions between the two currency areas.

Mid-Market Rate Explained

The mid-market rate of 1 MGA = 0.024153 RSD 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.