Malagasy Ariary to Sol
0.000803PEN
for 1 Malagasy Ariary
How MGA to PEN has moved
quarterly readings — this pair has no daily source
| Amount | In PEN | Reverse |
|---|---|---|
| 1.00 MGA | 0.00 PEN | 1,246 MGA |
| 5.00 MGA | 0.00 PEN | 6,230 MGA |
| 10.00 MGA | 0.01 PEN | 12,461 MGA |
| 25.00 MGA | 0.02 PEN | 31,151 MGA |
| 50.00 MGA | 0.04 PEN | 62,303 MGA |
| 100.00 MGA | 0.08 PEN | 124,605 MGA |
| 250.00 MGA | 0.20 PEN | 311,514 MGA |
| 500.00 MGA | 0.40 PEN | 623,027 MGA |
| 1,000 MGA | 0.80 PEN | 1,246,055 MGA |
| 2,500 MGA | 2.01 PEN | 3,115,137 MGA |
| 5,000 MGA | 4.01 PEN | 6,230,274 MGA |
| 10,000 MGA | 8.03 PEN | 12,460,548 MGA |
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Common questions
How much is 100 Malagasy Ariary in Sol?
At the reference rate of 0.000803, 100 MGA is 0.08 PEN. 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 MGA to PEN moved?
Across the quarterly readings we hold, the rate ranged from 0.000752 to 0.000861. A rate that moves this much is worth checking on the day you send.
What is PEN?
Sol is the currency with ISO code PEN. Malagasy Ariary carries the code MGA. Both codes come from the ISO 4217 register.
Where this rate comes from
- MGA — official quarterly rate published by U.S. Department of the Treasury, 2026-06-30
- PEN — daily reference rate published by Bank of Canada, 2026-09-08
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.
