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Moroccan Dirham to Malagasy Ariary (MAD/MGA)

At the latest reference rate, 1 MAD buys 463.406 MGA; the other way round, 1 MGA buys 0.00215793 MAD.

Data date 2026-11-13 Updated: 2026-11-14 06:17 UTC 158 currencies

Convert

1 MAD = 463.406 MGA

1 MGA = 0.00215793 MAD

See the Malagasy Ariary to Moroccan Dirham rate

Converted at the latest reference rate and rounded to the currency's usual number of decimals.

MAD/MGA rate trend

Over the Last 90 days, Moroccan Dirham fell 0.54% against Malagasy Ariary.

MAD/MGA rate trend441.522449.423457.323465.223473.12408-1609-0709-3010-2211-13

Hover the chart to read the rate for a given day.

Change over range
-0.54%
Range high
470.944 2026-11-10
Range low
443.702 2026-10-06
Range average
461
Date
2026-08-16 → 2026-11-13 · 90 data points

Common amounts

Moroccan Dirham to Malagasy Ariary

MAD MGA
1 463.41
5 2,317.03
10 4,634.06
25 11,585.16
50 23,170.32
100 46,340.64
500 231,703.22
1,000 463,406.44
5,000 2,317,032.20
10,000 4,634,064.40

Malagasy Ariary to Moroccan Dirham

MGA MAD
100 0.215793
500 1.08
1,000 2.16
5,000 10.79
10,000 21.58
50,000 107.90
100,000 215.79
500,000 1,078.97
1,000,000 2,157.93
5,000,000 10,789.66

Recent daily rates

The last 10 dates with data for MAD/MGA.

Date Rate vs. previous
2026-11-13 463.406 -0.40%
2026-11-12 465.249 -0.23%
2026-11-11 466.325 -0.98%
2026-11-10 470.944 +0.95%
2026-11-09 466.499 -0.78%
2026-11-08 470.161 -0.07%
2026-11-07 470.479 +1.14%
2026-11-06 465.18 +0.55%
2026-11-05 462.624 +0.19%
2026-11-04 461.724 +0.20%

About this rate

An exchange rate is the ratio between two currencies. MAD/MGA on this page means how much Malagasy Ariary one unit of Moroccan Dirham buys; the inverse rate is the same relationship read the other way.

The rates here are daily reference mid-rates. They are good for estimating an amount or reading a trend, but they are not any institution's dealing price. Banks, bureaux de change and payment providers all add a spread and fees on top of the mid-rate, so what you actually receive is usually less than the figure computed here.

Every pair is derived from each currency's rate against the US dollar (MAD/MGA = USD/MGA ÷ USD/MAD), so cross rates between two thinly traded currencies carry more error than the major pairs.

FAQ

How do I convert one hundred units of a foreign currency?
Multiply the original amount by the exchange rate in the intended direction. If an illustrative rate is 7 target units for 1 source unit, then 100 source units convert mathematically to 700 target units. Those numbers are examples, not live quotations. The page's reference conversion excludes provider spreads and fees and does not establish an executable trading price, so check a provider's actual terms before using it for a transaction.
How are forward and reverse currency exchange rates related?
For the same reference quote, the reverse exchange rate is the reciprocal of the forward rate. An illustrative forward rate of 2 therefore gives a reverse rate of 0.5. Real providers can quote separate buying and selling rates, with spreads and charges. Do not use the page's reciprocal relationship alone to predict transaction proceeds, especially when comparing offers that use different quote times or settlement arrangements.
Does the online currency conversion automatically include exchange fees?
This tool converts amounts using reference rates without automatically subtracting a provider's exchange fees. If the computed amount is 100 units and a separate fixed charge is 2 units, account for that charge yourself when comparing proceeds. These are illustrative numbers. Actual fee rules, spreads, and settlement timing can differ, so use the specific provider's quote to assess a transaction rather than assuming the displayed conversion is a final payout.

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