1 SOS to MGA - Convert Somali Shilling to Malagasy Ariary

Looking at the 30-day window, the SOS/MGA pair traded in a range of 6.9539 to 7.5037. The monthly average was 7.2678 with 1.82% volatility. The relatively low volatility indicates stable trading conditions for the SOS/MGA currency pair.

The current mid-market exchange rate is 1 SOS = 7.4682 MGA, updated as of July 3, 2026, 10:58 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.

Somali Shilling to Malagasy Ariary Exchange Rate

The SOS/MGA exchange rate tells you how many Malagasy Ariary (MGA) you receive for every Somali Shilling (SOS). At the current mid-market rate of 1 SOS = 7.4682 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.

How to Get the Best SOS to MGA 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.

Historical SOS/MGA Trends

The SOS/MGA 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 SOS to MGA

International money transfers from Somali Shilling 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.

Somali Shilling Overview

The Somali Shilling (SOS) is the official currency of Somalia. Remittances from the large Somali diaspora are the country's primary source of foreign exchange. Understanding the fundamentals behind SOS helps contextualize its exchange rate movements against MGA and other currencies.

Reverse Rate: MGA to SOS

The reverse exchange rate is 1 MGA = 0.133902 SOS. This is useful if you are starting with Malagasy Ariary and want to know how much Somali Shilling 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 SOS converter for the reverse direction.