Convert Malagasy Ariary to Stellar Lumens (MGA to XLM)

Live Mid-Market Rate • October 6, 2026

Ar
🇲🇬 Malagasy Ariary
⇄
XLM
🪙 Stellar Lumens
1 MGA = 0.0024 XLM 1 XLM = 424.2147 MGA

Historical Exchange Trends: MGA to XLM

    Convert MGA to XLM

    MGAXLM
    1,000 MGA2.36 XLM
    2,000 MGA4.71 XLM
    5,000 MGA11.79 XLM
    10,000 MGA23.57 XLM
    20,000 MGA47.15 XLM
    50,000 MGA117.86 XLM

    Convert XLM to MGA

    XLMMGA
    1,000 XLM424,214.68 MGA
    2,000 XLM848,429.36 MGA
    5,000 XLM2,121,073.40 MGA
    10,000 XLM4,242,146.81 MGA
    20,000 XLM8,484,293.61 MGA
    50,000 XLM21,210,734.03 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 Stellar Lumens?

    The current mid-market exchange rate is 1 MGA = 0.0024 XLM (1 XLM = 424.2147 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.