Moroccan Dirham to Malagasy Ariary

445.87MGA

for 1 Moroccan Dirham

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

How MAD to MGA has moved

MAD to MGA▲ 2.46%

quarterly readings — this pair has no daily source

MAD to MGA at 445.87
Amount	In MGA	Reverse
1.00 MAD	445.87 MGA	0.00 MAD
5.00 MAD	2,229 MGA	0.01 MAD
10.00 MAD	4,459 MGA	0.02 MAD
25.00 MAD	11,147 MGA	0.06 MAD
50.00 MAD	22,293 MGA	0.11 MAD
100.00 MAD	44,587 MGA	0.22 MAD
250.00 MAD	111,467 MGA	0.56 MAD
500.00 MAD	222,933 MGA	1.12 MAD
1,000 MAD	445,867 MGA	2.24 MAD
2,500 MAD	1,114,667 MGA	5.61 MAD
5,000 MAD	2,229,333 MGA	11.21 MAD
10,000 MAD	4,458,667 MGA	22.43 MAD

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Common questions

How much is 100 Moroccan Dirham in Malagasy Ariary?

At the reference rate of 445.87, 100 MAD is 44,587 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 MAD to MGA moved?

Across the quarterly readings we hold, the rate ranged from 429.08 to 494.52. 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. Moroccan Dirham carries the code MAD. Both codes come from the ISO 4217 register.

Where this rate comes from

MAD — 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.