1 OMR to MGA - Convert Omani Rial to Malagasy Ariary

Looking at the 30-day window, the OMR/MGA pair traded in a range of 10,440.4763 to 11,102.8157. The monthly average was 10,772.5516 with 1.66% volatility. The relatively low volatility indicates stable trading conditions for the OMR/MGA currency pair.

The current mid-market exchange rate is 1 OMR = 11,092.4364 MGA, updated as of July 3, 2026, 6:28 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.

Omani Rial to Malagasy Ariary Exchange Rate

The OMR/MGA exchange rate tells you how many Malagasy Ariary (MGA) you receive for every Omani Rial (OMR). At the current mid-market rate of 1 OMR = 11,092.4364 MGA, 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.

Sending Money from OMR to MGA

International money transfers from Omani Rial to Malagasy Ariary 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.

Omani Rial Overview

The Omani Rial (OMR) is the official currency of Oman, pegged to the US Dollar. It is one of the world's highest-valued currencies, reflecting Oman's oil wealth and strategic position on the Strait of Hormuz. Understanding the fundamentals behind OMR helps contextualize its exchange rate movements against MGA and other currencies.

Mid-Market Rate Explained

The mid-market rate of 1 OMR = 11,092.4364 MGA 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: MGA to OMR

The reverse exchange rate is 1 MGA = 0.000090 OMR. This is useful if you are starting with Malagasy Ariary and want to know how much Omani Rial you will receive. Both the forward and reverse rates update simultaneously every 15 minutes on this page. You can also visit our dedicated MGA to OMR converter for the reverse direction.