New Israeli Sheqel to Malagasy Ariary

1,388MGA

for 1 New Israeli Sheqel

European Central Bank
U.S. Department of the Treasury
30 June 2026
Official quarterly rate

How ILS to MGA has moved

ILS to MGA▲ 20.11%

quarterly readings — this pair has no daily source

ILS to MGA at 1,388
Amount	In MGA	Reverse
1.00 ILS	1,388 MGA	0.00 ILS
5.00 ILS	6,939 MGA	0.00 ILS
10.00 ILS	13,879 MGA	0.01 ILS
25.00 ILS	34,697 MGA	0.02 ILS
50.00 ILS	69,394 MGA	0.04 ILS
100.00 ILS	138,788 MGA	0.07 ILS
250.00 ILS	346,969 MGA	0.18 ILS
500.00 ILS	693,938 MGA	0.36 ILS
1,000 ILS	1,387,876 MGA	0.72 ILS
2,500 ILS	3,469,690 MGA	1.80 ILS
5,000 ILS	6,939,381 MGA	3.60 ILS
10,000 ILS	13,878,762 MGA	7.21 ILS

Receiving money in Israel?

Transfers to Israel arrive in Israeli shekels

Money reaches Israel from the United States and the euro area. See which routes we run, what they cost and how the money lands.

Routes to Israel

Common questions

How much is 100 New Israeli Sheqel in Malagasy Ariary?

At the reference rate of 1,388, 100 ILS is 138,788 MGA. The table above shows other amounts at the same rate.

Is this the rate I will get when I send money?

No. This is a reference rate published by a central bank or a treasury as a benchmark. Every provider adds a fee, a margin on the rate, or both. Compare the amount your recipient actually receives, not the rate on its own.

How has ILS to MGA moved?

Across the quarterly readings we hold, the rate ranged from 1,169 to 1,404. A rate that moves this much is worth checking on the day you send.

What is MGA?

Malagasy Ariary is the currency with ISO code MGA. New Israeli Sheqel carries the code ILS. Both codes come from the ISO 4217 register.

Where this rate comes from

ILS — daily reference rate published by European Central Bank, 2026-09-08
MGA — official quarterly rate published by U.S. Department of the Treasury, 2026-06-30

Rates between two currencies are derived from their rates against the US dollar, which is how a cross rate is calculated. These are reference rates published for information: central banks state plainly that they are not intended for transactions. The rate any provider gives you, including us, includes their fee and their margin — compare the amount that actually arrives, not the rate on its own. Corrections: [email protected].

Who we are

PayerPay is operated by PAYER PAY INTERNATIONAL INC (Company ID BC1526086), registered with the Financial Transactions and Reports Analysis Centre of Canada under MSB registration C100001025 and with the Bank of Canada under the Retail Payment Activities Act. Payment details are issued through licensed banking partners.