5 MGA to ZAR5 Malagasy Ariary = 0.01861 South African Rand
🏳️ 5 Malagasy Ariary (MGA5) is worth 🇿🇦 0.01861 South African Rand (R0.01861) at the current exchange rate of 1 MGA = 0.003723 ZAR. Rates were last updated Sep 22, 2026, 02:00 AM UTC.
Over the last 30 days, the MGA to ZAR rate rose 0.11% (high 0.003757 on September 15, 2026, low 0.003686 on September 6, 2026, average 0.003717). Over the last 90 days, the MGA to ZAR rate fell 4.07% (high 0.003904 on July 26, 2026, low 0.003686 on September 6, 2026, average 0.003787).
Looking for the reverse? ZAR to MGA
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Convert 5 Malagasy Ariary to South African Rand
1 MGA = R0.003723 ZAR
1 ZAR = MGA268.6312 MGA
- 30-day change
- +0.11%
- 90-day high
- 0.003904
- 90-day low
- 0.003686
Last updated: Sep 22, 2026, 02:00 AM UTC
Convert Malagasy Ariary to South African Rand
| MGA | ZAR |
|---|---|
| MGA1 MGA | R0.003723 ZAR |
| MGA5 MGA | R0.01861 ZAR |
| MGA10 MGA | R0.03723 ZAR |
| MGA25 MGA | R0.09306 ZAR |
| MGA50 MGA | R0.1861 ZAR |
| MGA100 MGA | R0.3723 ZAR |
| MGA500 MGA | R1.8613 ZAR |
| MGA1,000 MGA | R3.7226 ZAR |
| MGA5,000 MGA | R18.6129 ZAR |
| MGA10,000 MGA | R37.2258 ZAR |
Convert South African Rand to Malagasy Ariary
| ZAR | MGA |
|---|---|
| R1 ZAR | MGA268.6312 MGA |
| R5 ZAR | MGA1,343.16 MGA |
| R10 ZAR | MGA2,686.31 MGA |
| R25 ZAR | MGA6,715.78 MGA |
| R50 ZAR | MGA13,431.56 MGA |
| R100 ZAR | MGA26,863.12 MGA |
| R500 ZAR | MGA134,315.59 MGA |
| R1,000 ZAR | MGA268,631.19 MGA |
| R5,000 ZAR | MGA1,343,155.94 MGA |
| R10,000 ZAR | MGA2,686,311.87 MGA |
MGA to ZAR exchange rate history
MGA to ZAR – last 90 days
MGA to ZAR – last 12 months
MGA to ZAR exchange rate history
Over the last 90 days, the Malagasy Ariary traded between 0.003686 and 0.003904 South African Rand, averaging 0.003787. The MGA/ZAR rate is down 4.07% over that period.
Over the last 12 months, the highest MGA to ZAR rate was 0.004061 (March 25, 2026) and the lowest was 0.003558 (January 24, 2026). The rate is down 5.04% year on year, meaning the Malagasy Ariary has lost value against the South African Rand.
| Date | 1 MGA in ZAR | Change |
|---|---|---|
| September 21, 2026 | 0.003739 | +0.23% |
| August 31, 2026 | 0.00373 | -4.01% |
| July 29, 2026 | 0.003886 | -0.04% |
| June 29, 2026 | 0.003887 | -0.86% |
| May 24, 2026 | 0.003921 | -2.55% |
| April 24, 2026 | 0.004024 | -0.93% |
| March 25, 2026 | 0.004061 | +9.03% |
| February 23, 2026 | 0.003725 | +4.69% |
| January 24, 2026 | 0.003558 | -2.35% |
| December 25, 2025 | 0.003644 | -5.19% |
| November 25, 2025 | 0.003843 | +0.63% |
| October 26, 2025 | 0.003819 | -2.59% |
| September 26, 2025 | 0.00392 | – |
Historical figures use daily reference rates: sampled every three days for the 90-day view and monthly for the 12-month view, plus today's live rate.
The Malagasy Ariary (MGA) is traded against the South African Rand and other world currencies. See the MGA page for its live rates against major currencies.
More about MGA →The South African Rand is the official currency of South Africa, issued under the oversight of the South African Reserve Bank. It has been in use since 1961 and is divided into 100 Cent.
South Africa has the most developed economy in Africa, and the rand is the most traded African currency. It's often used as a proxy for emerging market sentiment.
More about ZAR →How to convert Malagasy Ariary to South African Rand
- Enter the amount of MGA you want to convert in the “Amount” box.
- Check that MGA is selected as the source and ZAR as the target (use the swap button to reverse them).
- See the ZAR value update instantly, or press Convert to open a shareable page for that exact amount.
Frequently asked questions about MGA to ZAR
How much is 1 Malagasy Ariary in South African Rand?
As of September 22, 2026, 1 Malagasy Ariary (MGA) = 0.003723 South African Rand (ZAR). The rate comes from the mid-market reference rate and is refreshed hourly.
How much is 100 Malagasy Ariary in South African Rand?
As of September 22, 2026, 100 MGA is equal to 0.3723 ZAR, based on a rate of 0.003723 ZAR per MGA.
How much is 1 South African Rand in Malagasy Ariary?
As of September 22, 2026, 1 South African Rand (ZAR) = 268.6312 Malagasy Ariary (MGA).
What has the MGA to ZAR exchange rate done recently?
Over the last 30 days the MGA/ZAR rate changed by +0.11%, ranging from 0.003686 to 0.003757. Over the last 90 days it ranged from 0.003686 to 0.003904 and changed by -4.07%.
Which is stronger, the Malagasy Ariary or the South African Rand?
The South African Rand is currently worth more per unit than the Malagasy Ariary: 1 MGA = 0.003723 ZAR, and 1 ZAR = 268.6312 MGA. A higher number per unit does not by itself mean a stronger economy; it also reflects how each currency is denominated.
When is the best time to convert MGA to ZAR?
Currencies trade 24 hours a day from Monday morning in Sydney to Friday evening in New York, and rates move by the minute while markets are open. Liquidity is usually highest around 1–4 PM GMT, when the London and New York sessions overlap. Watching the 90-day range above helps you judge whether today's rate is high or low compared with recent weeks.
Is this the rate I will get at a bank or exchange service?
No. The figures on this page are mid-market reference rates used for information. Banks, cash exchanges and money-transfer services add a margin or fee, so the amount you actually receive is usually a little lower than the converted amount shown here.