LocalExchangeRates.com

Official Rate Sheet: Malagasy Ariary (MGA) / Cambodian Riel (KHR)

Date generated:

Mid-Market Rate: 1 MGA = 0.9180 KHR

Real-Time Interbank Wholesale Feed: October 6, 2026

Malagasy Ariary to Cambodian Riel Exchange Rate (MGA to KHR)

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 MGA in KHR?

1 MGA = 0.9180 KHR

At the current mid-market wholesale exchange rate, converting 1,000 Malagasy Ariary (MGA) yields approximately 918.01 Cambodian Riel (KHR) (inverse rate: 1 KHR = 1.0893 MGA). 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.

You Pay (Amount): MGA

You Receive (Estimate): KHR

Wycena na podstawie średniego kursu międzybankowego (0,00% marży)

Kurs rynkowy: 1 MGA = 0.9180 KHR

Kurs odwrotny: 1 KHR = 1.0893 MGA

Status danych: Live Data (Redis)

Looking for reverse calculation? Check KHR to MGA (Cambodian Riel to Malagasy Ariary) Live Converter →

MGA to KHR Real-Time & Historical Rate Chart

Track historical volatility and key price support levels for Malagasy Ariary against Cambodian Riel

Period High

0.9290 KHR

Period Low

0.9070 KHR

Volatility / Avg

0.9180 KHR

Mid-Market Trend

+0.25%

30-Day Range (1M) Position: 50% range

Min: 0.9070 KHR

Max: 0.9290 KHR

52-Week Range (1Y) Current Position: 65% Range

Min: 0.8859 KHR

Max: 0.9501 KHR

Standard Denomination Conversion Matrix (MGA & KHR)

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

Malagasy Ariary → Cambodian Riel (MGA / KHR)

Wholesale Benchmark

Malagasy Ariary (MGA)	Cambodian Riel (KHR)
1 MGA	0.92 KHR
5 MGA	4.59 KHR
10 MGA	9.18 KHR
25 MGA	22.95 KHR
50 MGA	45.90 KHR
100 MGA	91.80 KHR
200 MGA	183.60 KHR
250 MGA	229.50 KHR
500 MGA	459.00 KHR
1,000 MGA	918.01 KHR
2,500 MGA	2,295.01 KHR
5,000 MGA	4,590.03 KHR
10,000 MGA	9,180.05 KHR

Cambodian Riel → Malagasy Ariary (KHR / MGA)

Wholesale Benchmark

Cambodian Riel (KHR)	Malagasy Ariary (MGA)
1 KHR	1.09 MGA
5 KHR	5.45 MGA
10 KHR	10.89 MGA
25 KHR	27.23 MGA
50 KHR	54.47 MGA
100 KHR	108.93 MGA
200 KHR	217.86 MGA
250 KHR	272.33 MGA
500 KHR	544.66 MGA
1,000 KHR	1,089.32 MGA
2,500 KHR	2,723.30 MGA
5,000 KHR	5,446.59 MGA
10,000 KHR	10,893.18 MGA

Provider / Channel	MGA/KHR Effective Exchange Rate	Estimated Fee	Estimated Received (KHR)	Effective Difference
⚡ LocalExchangeRates Interbank Wholesale (Pure Benchmark)	0.9180 KHR	0.00%	4,590.03 KHR	Benchmark (0%)
🏦 Major Commercial High-Street Banks Standard bank wire / counter transfer	0.8859 KHR	~3.50%	4,429.38 KHR	-160.65 KHR
✈️ Airport Currency Exchange Kiosks Airport terminal cash counters	0.8262 KHR	~10.00%	4,131.02 KHR	-459.00 KHR

1 MGA to KHR: Malagasy Ariary to Cambodian Riel Exchange Guide

Searches for 1 MGA to KHR or convert MGA to KHR describe the amount of Cambodian Riel received per 1 Malagasy Ariary. At today's wholesale baseline of 1 MGA = 0.9180 KHR (inverse: 1 KHR = 1.0893 MGA), understanding retail bank margins helps protect your funds:

🌏 International Transfers & Travel (Madagascar ↔ Cambodia)

Whether remitting money internationally or budgeting for travel, benchmark retail bank quotes against the wholesale mid-market rate to avoid excessive markups.

🏦 Commercial Bank Spreads

Major commercial banks typically add markups between 1.5% and 3.5% on foreign currencies, whereas digital multi-currency accounts operate with tighter margins.

📈 Monetary Policy Drivers

Interest rate decisions and monetary policies set by Central Bank of Madagascar (BFM) and National Bank of Cambodia (NBC) shape the medium-to-long term valuation of MGA/KHR.

MGA and KHR Currency Profiles

Official monetary framework, central bank governance, and banknote specifications for Madagascar and Cambodia.

How the MGA to KHR Exchange Rate Works

Foreign exchange transactions between Madagascar (MGA) and Cambodia (KHR) trade continuously on global wholesale interbank currency markets. The mid-market rate represents the exact mathematical midpoint between institutional buy (bid) and sell (ask) quotes without retail dealer markups.

Key considerations when converting or transferring between MGA and KHR:

Banking Channel Selection: Digital banking transfers and specialized multi-currency accounts generally offer exchange margins of 0.2% to 0.8%, whereas airport physical cash booths frequently charge 8% to 12% over the interbank baseline.
Central Bank Oversight & Policy: Monetary policy decisions, policy interest rate differentials, and currency reserves managed by Central Bank of Madagascar (BFM) and National Bank of Cambodia (NBC) serve as the primary long-term drivers for this currency pair.
Customs Cash Declaration Thresholds: Travelers carrying banknotes or negotiable instruments between Madagascar and Cambodia exceeding equivalent to 10,000 USD or EUR are legally required to file written declarations with border authorities.
Avoid Dynamic Currency Conversion (DCC): When using payment cards abroad or withdrawing cash from ATMs, always elect to be billed in the local currency (KHR) rather than your home billing currency to bypass costly DCC conversion markups.

LocalExchangeRates aggregates real-time wholesale interbank benchmarks to provide users with transparent, independent currency valuation.

Frequently Asked Questions: Malagasy Ariary to Cambodian Riel Conversion

Common questions regarding Malagasy Ariary to Cambodian Riel conversion, bank spreads, and transfer costs.

How much is 1,000 MGA in KHR today?

At the current mid-market exchange rate (1 MGA = 0.9180 KHR), 1,000 Malagasy Ariary equals approximately 918.01 Cambodian Riel. Retail exchange bureaus and commercial banks typically apply a 1.5% to 3.5% transaction spread.

Where can I get the best exchange rate for Malagasy Ariary?

To secure the best rates, avoid airport currency kiosks which routinely apply markups exceeding 8% to 12%. Converting currency at major commercial banks or using a low-fee multi-currency card typically delivers the closest rate to the mid-market benchmark.

Are there cash declaration limits when traveling with MGA?

Most international customs jurisdictions mandate a formal declaration when carrying physical cash or negotiable instruments exceeding the equivalent of 10,000 USD or EUR. Check with local customs authority (Central Bank of Madagascar (BFM)) prior to departure.

Does the exchange rate fluctuate during weekends?

Global interbank foreign exchange markets close on Friday evening (5:00 PM EST) and reopen on Sunday evening. Over the weekend, rates remain static at the Friday close, though retail providers may widen spreads to offset volatility risks.

How is the mid-market exchange rate calculated?

The mid-market exchange rate is the exact midpoint between global wholesale institutional buy (bid) and sell (ask) quotes. It serves as the global benchmark without any added retail broker or banking markup.