LocalExchangeRates.com

Official Rate Sheet: Surinamese Dollar (SRD) / Malagasy Ariary (MGA)

Date generated:

Mid-Market Rate: 1 SRD = 116.7680 MGA

Real-Time Interbank Wholesale Feed: October 6, 2026

Surinamese Dollar to Malagasy Ariary Exchange Rate (SRD to MGA)

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 SRD in MGA?

1 SRD = 116.7680 MGA

At the current mid-market wholesale exchange rate, converting 1,000 Surinamese Dollar (SRD) yields approximately 116,767.96 Malagasy Ariary (MGA) (inverse rate: 1 MGA = 0.0086 SRD). 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): SRD

You Receive (Estimate): MGA

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

Kurs rynkowy: 1 SRD = 116.7680 MGA

Kurs odwrotny: 1 MGA = 0.0086 SRD

Status danych: Live Data (Redis)

Looking for reverse calculation? Check MGA to SRD (Malagasy Ariary to Surinamese Dollar) Live Converter →

SRD to MGA Real-Time & Historical Rate Chart

Track historical volatility and key price support levels for Surinamese Dollar against Malagasy Ariary

Period High

118.1692 MGA

Period Low

115.3667 MGA

Volatility / Avg

116.7680 MGA

Mid-Market Trend

+0.25%

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

Min: 115.3667 MGA

Max: 118.1692 MGA

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

Min: 112.6811 MGA

Max: 120.8548 MGA

Standard Denomination Conversion Matrix (SRD & MGA)

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

Surinamese Dollar → Malagasy Ariary (SRD / MGA)

Wholesale Benchmark

Surinamese Dollar (SRD)	Malagasy Ariary (MGA)
1 SRD	116.77 MGA
5 SRD	583.84 MGA
10 SRD	1,167.68 MGA
25 SRD	2,919.20 MGA
50 SRD	5,838.40 MGA
100 SRD	11,676.80 MGA
200 SRD	23,353.59 MGA
250 SRD	29,191.99 MGA
500 SRD	58,383.98 MGA
1,000 SRD	116,767.96 MGA
2,500 SRD	291,919.90 MGA
5,000 SRD	583,839.80 MGA
10,000 SRD	1,167,679.59 MGA

Malagasy Ariary → Surinamese Dollar (MGA / SRD)

Wholesale Benchmark

Malagasy Ariary (MGA)	Surinamese Dollar (SRD)
1 MGA	0.01 SRD
5 MGA	0.04 SRD
10 MGA	0.09 SRD
25 MGA	0.21 SRD
50 MGA	0.43 SRD
100 MGA	0.86 SRD
200 MGA	1.71 SRD
250 MGA	2.14 SRD
500 MGA	4.28 SRD
1,000 MGA	8.56 SRD
2,500 MGA	21.41 SRD
5,000 MGA	42.82 SRD
10,000 MGA	85.64 SRD

Provider / Channel	SRD/MGA Effective Exchange Rate	Estimated Fee	Estimated Received (MGA)	Effective Difference
⚡ LocalExchangeRates Interbank Wholesale (Pure Benchmark)	116.7680 MGA	0.00%	583,839.80 MGA	Benchmark (0%)
🏦 Major Commercial High-Street Banks Standard bank wire / counter transfer	112.6811 MGA	~3.50%	563,405.40 MGA	-20,434.39 MGA
✈️ Airport Currency Exchange Kiosks Airport terminal cash counters	105.0912 MGA	~10.00%	525,455.82 MGA	-58,383.98 MGA

1 SRD to MGA: Surinamese Dollar to Malagasy Ariary Exchange Guide

Searches for 1 SRD to MGA or convert SRD to MGA describe the amount of Malagasy Ariary received per 1 Surinamese Dollar. At today's wholesale baseline of 1 SRD = 116.7680 MGA (inverse: 1 MGA = 0.0086 SRD), understanding retail bank margins helps protect your funds:

🌏 International Transfers & Travel (Suriname ↔ Madagascar)

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 Suriname (CBvS) and Central Bank of Madagascar (BFM) shape the medium-to-long term valuation of SRD/MGA.

SRD and MGA Currency Profiles

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

How the SRD to MGA Exchange Rate Works

Foreign exchange transactions between Suriname (SRD) and Madagascar (MGA) 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 SRD and MGA:

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 Suriname (CBvS) and Central Bank of Madagascar (BFM) serve as the primary long-term drivers for this currency pair.
Customs Cash Declaration Thresholds: Travelers carrying banknotes or negotiable instruments between Suriname and Madagascar 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 (MGA) 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: Surinamese Dollar to Malagasy Ariary Conversion

Common questions regarding Surinamese Dollar to Malagasy Ariary conversion, bank spreads, and transfer costs.

How much is 1,000 SRD in MGA today?

At the current mid-market exchange rate (1 SRD = 116.7680 MGA), 1,000 Surinamese Dollar equals approximately 116,767.96 Malagasy Ariary. 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 Surinamese Dollar?

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 SRD?

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 Suriname (CBvS)) 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.