USD → 
MGA Rate as of2026-05-20 USD to MGA Converter.
1 USD = 4500 MGA as of 2026-05-20. Madagascar produces roughly 80% of the world's natural vanilla, supplies most of its sapphires, and is a niche ecotourism destination, so USD-MGA flows are driven by spice traders, mining buyers, and lodge operators. Search volume comes from US food companies (McCormick, Nielsen-Massey), gem dealers, and Peace Corps and USAID staff.
USD → MGA Converter
| 🇺🇸 USD | 🇲🇬 MGA |
|---|---|
| $1.00 | MGA 4,500 |
| $10.00 | MGA 45,000 |
| $100.00 | MGA 450,000 |
| $500.00 | MGA 2,250,000 |
| $1,000.00 | MGA 4,500,000 |
| $5,000.00 | MGA 22,500,000 |
| $10,000.00 | MGA 45,000,000 |
| $50,000.00 | MGA 225,000,000 |
| $100,000.00 | MGA 450,000,000 |
USD trend over time.
USD to MGA conversion table.
Common US Dollar amounts converted to Malagasy Ariary at today's rate of 1 USD = 4500 MGA. The reverse holds too: 1 MGA = 0.0002 USD.
| 1 USD | 4,500 MGA |
| 5 USD | 22,500 MGA |
| 10 USD | 45,000 MGA |
| 25 USD | 112,500 MGA |
| 50 USD | 225,000 MGA |
| 100 USD | 450,000 MGA |
| 500 USD | 2,250,000 MGA |
| 1,000 USD | 4,500,000 MGA |
| 5,000 USD | 22,500,000 MGA |
| 10,000 USD | 45,000,000 MGA |
| 1 MGA | 0.0002 USD |
| 5 MGA | 0.0011 USD |
| 10 MGA | 0.0022 USD |
| 25 MGA | 0.0056 USD |
| 50 MGA | 0.0111 USD |
| 100 MGA | 0.0222 USD |
| 500 MGA | 0.1111 USD |
| 1,000 MGA | 0.2222 USD |
| 5,000 MGA | 1.11 USD |
| 10,000 MGA | 2.22 USD |
Why people convert USD to MGA.
The USD/MGA corridor is driven mostly by global reserve currency and remittances from US-based workers. On the Malagasy Ariary side, demand comes from vanilla export economy (80% global supply), sapphire mining, and ecotourism niche. Because both sides see steady two-way flow, USD/MGA is one of the more liquid pairs in this region — which usually means tighter spreads and smaller markups than thinly-traded exotic pairs.
Over the past 12 months the US Dollar has moved up 2.3% against the Malagasy Ariary, and over five years it has strengthened about 18.4% (from 3800 to 4500). If you're sending money on this corridor, that trend matters: a rising rate means timing your transfer — or locking a rate with a forward contract for large amounts — can change the Malagasy Ariary you receive by a meaningful margin.
Getting the best USD → MGA rate. The figure above is the mid-market rate — the "true" rate banks and brokers reference. Most banks add a 1–3% margin on top and may charge a flat wire fee. Specialist services (Wise, Remitly, and regional exchange houses on this corridor) typically convert closer to mid-market. Always compare the effective rate after all fees, not just the headline rate — on a large USD transfer, a 2% difference is real money.
Rates shown are indicative mid-market rates as of 2026-05-20 and are for informational purposes only — not a quote or financial advice. Confirm the live rate with your provider before transacting.
