Convert Ugandan Shilling to Malagasy Ariary (UGX to MGA)

Live Mid-Market Rate • October 6, 2026

USh
🇺🇬 Ugandan Shilling
⇄
Ar
🇲🇬 Malagasy Ariary
1 UGX = 1.1073 MGA 1 MGA = 0.9031 UGX

Historical Exchange Trends: UGX to MGA

    Convert UGX to MGA

    UGXMGA
    1 UGX1.11 MGA
    5 UGX5.54 MGA
    10 UGX11.07 MGA
    25 UGX27.68 MGA
    50 UGX55.37 MGA
    100 UGX110.73 MGA
    250 UGX276.83 MGA
    500 UGX553.66 MGA
    1,000 UGX1,107.32 MGA

    Convert MGA to UGX

    MGAUGX
    1 MGA0.903078 UGX
    5 MGA4.52 UGX
    10 MGA9.03 UGX
    25 MGA22.58 UGX
    50 MGA45.15 UGX
    100 MGA90.31 UGX
    250 MGA225.77 UGX
    500 MGA451.54 UGX
    1,000 MGA903.08 UGX

    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 Ugandan Shilling and Malagasy Ariary?

    The current mid-market exchange rate is 1 UGX = 1.1073 MGA (1 MGA = 0.9031 UGX) 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.