1 MGA to SRD - Convert Malagasy Ariary to Surinamese Dollar

Looking at the 30-day window, the MGA/SRD pair traded in a range of 0.008800 to 0.009300. The monthly average was 0.009074 with 1.88% volatility. The relatively low volatility indicates stable trading conditions for the MGA/SRD currency pair.

The current mid-market exchange rate is 1 MGA = 0.008818 SRD, updated as of July 3, 2026, 9:29 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 Surinamese Dollar Exchange Rate

The MGA/SRD exchange rate tells you how many Surinamese Dollar (SRD) you receive for every Malagasy Ariary (MGA). At the current mid-market rate of 1 MGA = 0.008818 SRD, 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 SRD 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.

Sending Money from MGA to SRD

International money transfers from Malagasy Ariary to Surinamese Dollar 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.

Mid-Market Rate Explained

The mid-market rate of 1 MGA = 0.008818 SRD 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.

Reverse Rate: SRD to MGA

The reverse exchange rate is 1 SRD = 113.40 MGA. This is useful if you are starting with Surinamese Dollar and want to know how much Malagasy Ariary you will receive. Both the forward and reverse rates update simultaneously every 15 minutes on this page. You can also visit our dedicated SRD to MGA converter for the reverse direction.