MZN to MGA
Convert Mozambican Metical to Malagasy Ariary at today's exchange rate
Amount depth · Common MZN to MGA Conversions
MZN → MGA · MGA → MZNTop Currency Pairs
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About the Exchange Rate
The MZN to MGA exchange rate fluctuates based on economic factors, market sentiment, and geopolitical events. Our rates are updated every minute from reliable third-party data providers.
Key Points:
- • Exchange rates are updated every minute
- • Rates are mid-market (interbank) — the midpoint between buy and sell quotes
- • Historical data available for trend analysis
Market Insights
Over the past 30 days, the MZN/MGA rate has changed by +4.30%. Exchange rates respond to interest rates, inflation, trade balances, and market sentiment — these figures describe past movement, not a forecast.
Frequently Asked Questions
As of October 28, 2026 at 5:51 PM UTC, 1 Mozambican Metical (MZN) equals 72.2266 Malagasy Ariary (MGA). This mid-market rate is updated every minute on Currency.Wiki. Actual rates from banks may vary due to fees and spreads.
The MZN/MGA exchange rate is influenced by central bank interest rate decisions, inflation rates, GDP growth, employment data, trade balances, and political stability. Market sentiment, geopolitical events, and investor confidence also cause daily fluctuations.
Exchange rates fluctuate constantly during trading hours (24/5 across global markets). Rates can change every second based on real-time transactions, with significant movements during economic announcements or central bank decisions.
Our exchange rates are updated every minute from reliable third-party foreign exchange data providers, with automatic fallback if a provider returns incomplete data. Historical charts show daily, weekly, monthly, and yearly trends.
The mid-market rate shown here is the fairest rate without markup. Banks and exchange services typically add fees and spreads. For the best rates, compare multiple providers, consider online transfer services, and avoid airport exchanges which often have higher markups.
Currency Information
Detailed information about the selected currencies
Mozambican Metical Currency
About MZNSuccessful Redenomination
The 2006 redenomination of the Metical was widely considered a success, helping to stabilize the currency and simplify transactions after years of high inflation.
Malagasy Ariary Currency
About MGALemurs and Baobabs
Reflecting Madagascar's unique biodiversity, the banknotes feature its famous lemurs, baobab trees, and other endemic flora and fauna.
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