Convert Malagasy Ariary to Mauritian Rupee (MGA to MUR)

Live Mid-Market Rate • October 6, 2026

Ar
🇲🇬 Malagasy Ariary
⇄
₨
🇲🇺 Mauritian Rupee
1 MGA = 0.0109 MUR 1 MUR = 91.8865 MGA

Historical Exchange Trends: MGA to MUR

    Convert MGA to MUR

    MGAMUR
    1,000 MGA10.88 MUR
    2,000 MGA21.77 MUR
    5,000 MGA54.41 MUR
    10,000 MGA108.83 MUR
    20,000 MGA217.66 MUR
    50,000 MGA544.15 MUR

    Convert MUR to MGA

    MURMGA
    1,000 MUR91,886.53 MGA
    2,000 MUR183,773.06 MGA
    5,000 MUR459,432.66 MGA
    10,000 MUR918,865.32 MGA
    20,000 MUR1,837,730.64 MGA
    50,000 MUR4,594,326.60 MGA

    Official Banking & Currency Intelligence: Madagascar

    The Malagasy Ariary (MGA, symbol: Ar) is the official currency of the Republic of Madagascar, managed by the central bank, Banky Foiben'i Madagasikara (BFM). Madagascar operates a managed floating exchange rate regime via the interbank foreign exchange market (MID).

    Major banking institutions include BNI Madagascar, Bank of Africa Madagascar, and BMOI. International travelers arriving at Ivato International Airport (TNR) in Antananarivo can convert major foreign currencies (EUR, USD) at official airport bank counters.

    Frequently Asked Questions

    What is the official exchange rate between Malagasy Ariary and Mauritian Rupee?

    The current mid-market exchange rate is 1 MGA = 0.0109 MUR (1 MUR = 91.8865 MGA) as of October 6, 2026. Mid-market rates reflect real-time global interbank values without commercial retail markups.

    Where can I exchange currency in Madagascar?

    Foreign exchange is available at commercial bank branches in Antananarivo, licensed bureau de change offices, and at Ivato International Airport.

    What are the cash declaration rules when traveling to Madagascar?

    Travelers carrying cash or monetary instruments equal to or exceeding 1,000 EUR must declare them to Madagascar customs upon arrival or departure.