1 TND to MGA - Convert Tunisian Dinar to Malagasy Ariary

Looking at the 30-day window, the TND/MGA pair traded in a range of 1,394.8949 to 1,505.7316. The monthly average was 1,441.6474 with 1.85% volatility. The relatively low volatility indicates stable trading conditions for the TND/MGA currency pair.

The current mid-market exchange rate is 1 TND = 1,450.2024 MGA, updated as of July 3, 2026, 6:26 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.

Tunisian Dinar to Malagasy Ariary Exchange Rate

The TND/MGA exchange rate tells you how many Malagasy Ariary (MGA) you receive for every Tunisian Dinar (TND). At the current mid-market rate of 1 TND = 1,450.2024 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.

What Affects the TND to MGA Rate

Exchange rates between Tunisian Dinar and Malagasy Ariary are influenced by central bank interest rate decisions, inflation differentials, trade balances, and broader economic data releases from both countries. Political stability, commodity prices, and global risk sentiment can also cause significant moves. Monitoring these factors helps explain why the TND/MGA rate fluctuates throughout trading sessions and over longer time periods.

How to Get the Best TND 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 TND/MGA Trends

The TND/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.

Tunisian Dinar Overview

The Tunisian Dinar (TND) is the official currency of Tunisia. Tourism, agriculture, and manufacturing exports to the EU are the primary economic drivers. Understanding the fundamentals behind TND helps contextualize its exchange rate movements against MGA and other currencies.

Reverse Rate: MGA to TND

The reverse exchange rate is 1 MGA = 0.000690 TND. This is useful if you are starting with Malagasy Ariary and want to know how much Tunisian Dinar 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 TND converter for the reverse direction.