500 Malagasy ariaries to US dollars
Convert Malagasy Ariary to United States Dollar using a daily mid-market reference rate assembled from institutional and central-bank sources.
MGA to USD converter
United States Dollar
1 MGA = 0.00023189269 USD
MGA to USD exchange rates
Every underlined amount opens its own server-rendered converter page.
| Malagasy Ariary | United States Dollar |
|---|---|
| Ar 100.00 | $0.02 |
| Ar 500.00 | $0.12 |
| Ar 1,000.00 | $0.23 |
| Ar 5,000.00 | $1.16 |
| Ar 10,000.00 | $2.32 |
| Ar 50,000.00 | $11.59 |
| Ar 100,000.00 | $23.19 |
Why your bank’s rate differs
The archive shows a sourced reference rate. A provider can apply a spread and add transfer, trading, network, card, or receiving fees. Adjust the illustration to see how the rate margin alone changes the result.
Reference result
$0.12
Illustrative result
$0.11
Difference
$0.00
This example applies the selected margin to Ar 500.00. It is not a quote or a claim about any particular bank, card, or transfer service. Fixed fees can increase the difference further.
Source observations and calculation details
The pair is calculated through EUR. Its oldest underlying observation is dated Aug 28, 2026, 12:00 AM. Constituents are retained so the published figure can be audited.
MGA leg
- Method
- median
- Observed
- Aug 28, 2026, 12:00 AM
- Sources used
- 4
- Banca d'Italia (2026-09-02)
- Lietuvos Bankas (2026-08-28)
- Narodowy Bank Polski (2026-09-02)
- Reserve Bank of Malawi (2026-09-02)
USD leg
- Method
- issuer
- Observed
- Aug 28, 2026, 12:00 AM
- Sources used
- 4
- Bank of Japan (2026-09-01)
- Central Bank of the Republic of China (Taiwan) (2026-08-31)
- Federal Reserve Bank of St. Louis (2026-08-28)
- International Monetary Fund (2026-09-02)
Top currency pairings for Malagasy Ariary
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Frequently asked questions
What is the MGA to USD rate based on?+
It is a daily reference rate assembled from institutional and central-bank publications and is not guaranteed to be available from a bank or transfer provider.
Why is my bank's exchange rate different?+
Banks, cards and transfer services can add an exchange-rate margin and fixed fees. The adjustable example on this page illustrates the effect without claiming a margin for any particular provider.
What happens on weekends and holidays?+
No rate is invented or forward-filled. A dated request with no publication is labelled as not published and points to the nearest prior observation separately.