Convert Malagasy Ariary to Canadian Dollar (MGA to CAD)

Live mid-market exchange rates, interbank trends, and local currency insights.

🇲🇬 MGA
⇄
🇨🇦 CAD
1 MGA = 3,099.3125 CAD • 1 CAD = 0.0003 MGA

Conversion Tables

Convert MGA to CAD

MGACAD
1 MGA3,099.31 CAD
5 MGA15,496.56 CAD
10 MGA30,993.13 CAD
25 MGA77,482.81 CAD
50 MGA154,965.63 CAD
100 MGA309,931.25 CAD
200 MGA619,862.50 CAD
250 MGA774,828.13 CAD
500 MGA1,549,656.26 CAD
1,000 MGA3,099,312.51 CAD
2,500 MGA7,748,281.28 CAD
5,000 MGA15,496,562.55 CAD
10,000 MGA30,993,125.10 CAD

Convert CAD to MGA

CADMGA
1 CAD0.0003 MGA
5 CAD0.0016 MGA
10 CAD0.0032 MGA
25 CAD0.0081 MGA
50 CAD0.0161 MGA
100 CAD0.0323 MGA
200 CAD0.0645 MGA
250 CAD0.0807 MGA
500 CAD0.1613 MGA
1,000 CAD0.3227 MGA
2,500 CAD0.8066 MGA
5,000 CAD1.61 MGA
10,000 CAD3.23 MGA

Canadian Foreign Exchange Overview

The Canadian Dollar (CAD, symbol "C$", subunit "Cent") is the official legal tender of Canada, regulated by the Bank of Canada (BoC). Operating under a free-floating exchange rate regime, the Canadian Dollar is one of the world most heavily traded reserve currencies.

When exchanging cash in metropolitan centers like Toronto, Montreal, Vancouver, Calgary, or Ottawa, authorized exchange dealers and Big Six commercial banks offer competitive spreads typically varying between 1.2% and 3.0% over wholesale mid-market benchmarks.

Frequently Asked Questions

What is the official exchange rate between Malagasy Ariary and Canadian Dollar?

The current mid-market exchange rate is 1 MGA = 3,099.3125 CAD (1 CAD = 0.0003 MGA) as of October 6, 2026.

Where can I exchange MGA in Canada or internationally?

You can exchange Malagasy Ariary at licensed currency dealers across Toronto, Montreal, Vancouver, Calgary, Ottawa, commercial banks (RBC, TD, Scotiabank, BMO, CIBC, National Bank), and international airports.

Are there cash reporting limits when traveling to Canada?

Yes, carrying physical cash or monetary instruments equal to or greater than CAD 10,000 must be declared to the Canada Border Services Agency (CBSA) upon entering or leaving Canada.