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LocalExchangeRates
🇦🇫 پښتو JSON API

LocalExchangeRates.com

Official Exchange Rate Summary: AFN to MGA
Date generated:
Mid-Market Rate: 1 AFN = 66.8971 MGA
Real-Time Interbank Wholesale Feed: October 6, 2026

AFN to MGA: Convert Afghan Afghani to Malagasy Ariary (؋ to Ar)

Real-time mid-market wholesale rate with zero retail markup. Check benchmark pricing before bank conversion or international wire transfer.

Bottom Line Up Front (BLUF): How much is 1,000 AED in ALL?
1 AED = 22.2814 ALL
At the current mid-market wholesale exchange rate, converting 1,000 UAE Dirham (AED) yields approximately 22,281.35 Albanian Lek (ALL) (inverse rate: 1 ALL = 0.0449 AED). This rate represents the pure interbank benchmark. Retail dealers and commercial banks typically apply a commercial spread between 1.5% and 3.5%. View live calculations, historical charts, and provider spreads below.
AFN
MGA
Wycena na podstawie średniego kursu międzybankowego (0,00% marży)
Kurs rynkowy: 1 AED = 22.2814 ALL
Kurs odwrotny: 1 ALL = 0.0449 AED
Status danych: Live Data (Redis)
Looking for reverse calculation? Check ALL to AED (Albanian Lek to UAE Dirham) Live Converter →
Looking for reverse conversion? Check reverse rate: MGA to AFN (Malagasy Ariary to Afghan Afghani) →

AFN to MGA Live Exchange Rate Chart

Historical exchange rate movements based on central bank benchmarks and interbank market liquidity.

Period High
22.5487 ALL
Period Low
22.0140 ALL
Volatility / Avg
22.2814 ALL
Mid-Market Trend
+0.25%
30-Day Range (1M) Position: 50% range
Min: 22.0140 ALL
Max: 22.5487 ALL
52-Week Range (1Y) Current Position: 65% Range
Min: 21.5015 ALL
Max: 23.0612 ALL

Standard Denomination Conversion Matrix (AED & ALL)

Wholesale interbank rate matrix with zero retail markup or hidden fees.

Convert AFN to MGA (Afghan Afghani to Malagasy Ariary)
Wholesale Benchmark
Afghan Afghani (AFN) Malagasy Ariary (MGA)
1 AFN66.90 MGA
5 AFN334.49 MGA
10 AFN668.97 MGA
25 AFN1,672.43 MGA
50 AFN3,344.85 MGA
100 AFN6,689.71 MGA
200 AFN13,379.42 MGA
250 AFN16,724.27 MGA
500 AFN33,448.54 MGA
1,000 AFN66,897.08 MGA
2,500 AFN167,242.71 MGA
5,000 AFN334,485.42 MGA
10,000 AFN668,970.84 MGA
Convert MGA to AFN (Malagasy Ariary to Afghan Afghani)
Wholesale Benchmark
Malagasy Ariary (MGA) Afghan Afghani (AFN)
1 MGA0.01 AFN
5 MGA0.07 AFN
10 MGA0.15 AFN
25 MGA0.37 AFN
50 MGA0.75 AFN
100 MGA1.49 AFN
200 MGA2.99 AFN
250 MGA3.74 AFN
500 MGA7.47 AFN
1,000 MGA14.95 AFN
2,500 MGA37.37 AFN
5,000 MGA74.74 AFN
10,000 MGA149.48 AFN

Currency Exchange & Transfer Comparison

Transparent cost comparison for sending or exchanging 10,000 AFN

Provider / Channel Exchange Rate (AFN/MGA) Estimated FX Spread Recipient Gets (for 10,000 AFN) Difference vs Mid-Market
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LocalExchangeRates (Baseline)
Pure Mid-Market Interbank Wholesale Rate
 66.8971 0.00% (Zero Markup) 668,970.84 MGA Benchmark
🏢
Sarai Shahzada Licensed Dealers (Kabul)
Premier Cash FX Trading Hub in Afghanistan
 66.3954 ~0.75% Retail Spread 663,953.55 MGA -5,017.28 MGA
📱
Licensed Money Service Providers (MSPs)
DAB-Regulated Remittance & Hawala Networks
 66.0943 ~1.20% Transfer Spread 660,943.19 MGA -8,027.65 MGA
🏛️
Commercial Afghan Bank Wire (SWIFT)
AIB / Kabul Bank / Ghazanfar Bank
 64.7564 ~3.20% + Wire Fees 647,563.77 MGA -21,407.07 MGA

1 AFN to MGA: Afghan Afghani to Malagasy Ariary Quick Reference

Searches for 1 AFN to MGA, convert AFN to MGA, and AFN MGA rate refer to the same interbank calculation: the amount of Malagasy Ariary received per Afghan Afghani. At today's wholesale baseline of 1 AFN = 66.8971 MGA (inverse: 1 MGA = 0.0149 AFN), key considerations for individuals and remitters include:

✈️ Remittances to Madagascar
Transfers between Afghanistan and Madagascar typically process via licensed Money Service Providers (MSPs) and authorized exchange houses in Kabul.
🏢 Sarai Shahzada & Market Spreads
Licensed money changers in Sarai Shahzada (Kabul) quote tight wholesale cash spreads (0.5% to 1.5%), while informal street dealers may carry counterfeit risks.
🏛️ Central Bank & Customs Thresholds
Exchange movements reflect Da Afghanistan Bank (DAB) reference data. Physical cash transport exceeding $10,000 USD (or local equivalent) requires formal airport customs declaration.

Currency profiles: AFN and MGA

Monetary specifications and regulatory details for Afghan Afghani and Malagasy Ariary.

🇦🇫 Base Currency

AFN: Afghan Afghani

National currency of Afghanistan managed and regulated by Da Afghanistan Bank (DAB).

  • Central Bank: Da Afghanistan Bank (DAB)
  • Symbol / Code: ؋ (AFN)
  • Circulating Banknotes: 10, 20, 50, 100, 500, 1000 AFN
🇲🇬 Target Currency

MGA: Malagasy Ariary

Official monetary unit of Madagascar overseen by Central Bank of Madagascar (BFM).

  • Central Bank: Central Bank of Madagascar (BFM)
  • Symbol / Code: Ar (MGA)
  • Circulating Banknotes: 100, 200, 500, 1000, 2000, 5000, 10000, 20000 MGA

Exchanging Afghan Afghani (AFN) and Malagasy Ariary (MGA) in Afghanistan

When converting between Afghan Afghani (AFN) and Malagasy Ariary (MGA), understanding the local trading landscape ensures you avoid inflated retail spreads. In Afghanistan, foreign currency trading is concentrated at Sarai Shahzada in Kabul, alongside licensed Money Service Providers (MSPs) across major provinces including Herat, Mazar-i-Sharif, and Kandahar.

Cash Liquidity and Banknotes

Afghan Afghani banknotes circulate in denominations of 10, 20, 50, 100, 500, and 1,000 AFN. When converting foreign cash into AFN, inspect notes for tears or excessive markings, as local changers strictly discount blemished paper bills. Always request clean, newly issued banknotes.

Customs and Cross-Border Currency Regulations

Under Da Afghanistan Bank (DAB) and airport customs guidelines, travelers entering or exiting Afghanistan via Kabul International Airport (KBL) carrying the equivalent of $10,000 USD or more in physical currency or monetary instruments must complete an official customs declaration form.

Frequently Asked Questions: AFN to MGA

Common questions about AFN to MGA conversion, market spreads, and remittance guidelines.

What is the live exchange rate for 10,000 AFN in MGA?

At today's interbank rate (1 AFN = 66.8971 MGA), 10,000 AFN converts to approximately 668,970.84 MGA (inverse: 1 MGA = 0.0149 AFN). Commercial exchange counters typically charge a spread between 0.5% and 1.5%.

Can I exchange Malagasy Ariary (MGA) directly in Kabul?

Yes. Licensed money changers in Sarai Shahzada (Kabul) handle high-volume cash transactions for major regional and international currencies. For rare currencies, exchanging via USD or EUR first offers better liquidity.

How is the AFN to MGA rate calculated?

The cross rate is determined by global interbank foreign exchange markets, central bank benchmark auctions from Da Afghanistan Bank (DAB), and monetary guidelines from Central Bank of Madagascar (BFM).

What are the customs cash declaration rules in Afghanistan?

Travelers entering or departing Afghanistan must declare cash, traveler cheques, or gold instruments equal to or exceeding 10,000 USD (or equivalent foreign currency) at airport customs.

Physical Cash Exchange

Looking for physical cash exchange or remittance in Afghanistan?

Review real-time cash quotes at Sarai Shahzada (Kabul) and licensed Money Service Providers (MSPs) before exchanging banknotes or sending international transfers.

Sarai Shahzada (Kabul)Herat Money MarketKandahar ExchangeMazar-i-Sharif Hub

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