1 LRD = 22.627 MGA
1 MGA = 0.044 LRD
(Mid-market exchange rate)
Last updated Apr 18, 2024 12:29 GMT
Below is the live and historical Liberian Dollar to Malagasy Ariayry rate chart so you can see today's rate - and how the rates have changed over time.
1 LRD = 22.627 MGA
Stat | Last 7 days | Last 30 days | Last 90 days | Last year | Selected period on chart |
---|---|---|---|---|---|
High | 22.848 | 23.376 | 24.197 | 27.197 | 23.376 |
Low | 22.601 | 22.601 | 22.607 | 22.607 | 22.601 |
Average | 22.724 | 22.848 | 23.441 | 24.251 | 22.845 |
Volatility | 1.09% | 3.43% | 7.03% | 20.3% | 3.43% |
1 LRD is worth 22.627 MGA today
At the current exchange rate of 22.627 , a sum of 1 Liberian Dollar is worth 22.627 Malagasy Ariayry.
The Liberian Dollar is currently stronger than the Malagasy Ariayry given that 1 LRD is equal to 22.627 MGA. Conversely, 1 MGA is worth 0.044 LRD.
Today, to buy 1 Liberian Dollar, you need 22.627 Malagasy Ariayry. On the same date last year, you needed 26.67 Malagasy Ariayry for 1 Liberian Dollar. This change indicates that the Liberian Dollar has lost value against the Malagasy Ariayry by 14.83% over the past year.
The pair experienced high volatility of 20.3%.
High volatility means there is a higher risk of significant price changes. It is better to closely monitor the exchange rate in such situations.
Today's LRD to MGA exchange rate (22.718) is higher compared to yesterday's rate (22.695).
1 LRD | 22.62700 MGA |
5 LRD | 113.13500 MGA |
10 LRD | 226.27000 MGA |
20 LRD | 452.54000 MGA |
25 LRD | 565.67500 MGA |
50 LRD | 1,131.35000 MGA |
100 LRD | 2,262.70000 MGA |
250 LRD | 5,656.75000 MGA |
500 LRD | 11,313.50000 MGA |
1,000 LRD | 22,627.00000 MGA |
2,000 LRD | 45,254.00000 MGA |
5,000 LRD | 113,135.00000 MGA |
10,000 LRD | 226,270.00000 MGA |
1 MGA | 0.04419 LRD |
5 MGA | 0.22097 LRD |
10 MGA | 0.44195 LRD |
20 MGA | 0.88390 LRD |
25 MGA | 1.10487 LRD |
50 MGA | 2.20975 LRD |
100 MGA | 4.41950 LRD |
250 MGA | 11.04875 LRD |
500 MGA | 22.09749 LRD |
1,000 MGA | 44.19499 LRD |
2,000 MGA | 88.38998 LRD |
5,000 MGA | 220.97494 LRD |
10,000 MGA | 441.94988 LRD |
The currency code for Liberian Dollar is LRD.
The LRD currency symbol is $.
Minor unit: 1/100 = Cent
LRD rank by most traded currencies: Not in top 40 traded currencies
Avg proportion of daily world trade volume: 0% (Low daily trade currency)
LRD rank by strongest currencies (buying power): 107
The Liberian Dollar is the currency of 1 countries:
Liberia
The currency code for Malagasy Ariayry is MGA.
The MGA currency symbol is Ar.
Minor unit: 1/5 = Iraimbilanja
MGA rank by most traded currencies: Not in top 40 traded currencies
Avg proportion of daily world trade volume: 0% (Low daily trade currency)
MGA rank by strongest currencies (buying power): 138
The Malagasy Ariayry is the currency of 1 countries:
Madagascar
Let's look at some practical information, ideas and tips to help you make sure you can get the most from your money when you convert Liberian Dollar to Malagasy Ariayry, to send a payment, for a trip overseas, when shopping online or to hold a balance in Malagasy Ariayry.
You can convert Liberian Dollar to Malagasy Ariayry either in a physical location or online. If you choose to exchange money at a currency exchange store, bank or at the airport, you'll be given your Malagasy Ariayry in cash. Or, you can choose to convert digitally, to send a payment overseas for example.
If you're exchanging money in a physical location you'll usually need to take the following steps:
Exchanging your money digitally is often easier. As an example, here's how to send a payment overseas:
Because banks, currency exchange offices and international payment services all set their own exchange rates, you'll need to shop around a little to find the best LRD to MGA exchange rate for your specific transaction.
Get to know the LRD/MGA mid-market exchange rate using reputable currency conversion tools, so you'll be able to see how the market is trending. You can often set up rate alerts so the service you choose will send you a message when the LRD/MGA mid-market exchange rate hits your preferred level. Once you see a rate you like, act fast to complete your transaction before markets move again.
Another smart option is to open a multi-currency account which lets you hold a selection of major world currencies, often including Liberian Dollar and Malagasy Ariayry. This can be helpful if you transact internationally often, live overseas, receive payments from abroad, invest in diverse markets or even if you simply love to shop online with international retailers. Because you can hold a balance in the currency or currencies of your choice, there's no need to convert from one currency to another unnecessarily - you can wait until exchange rates are favorable to avoid losing out.
You'll be able to exchange Malagasy Ariayry to Liberian Dollar in the same way as you'd exchange Liberian Dollar to Malagasy Ariayry. If you have Malagasy Ariayry in your pocket in cash, you can take them along to a currency exchange service and ask if they'll buy back in exchange for Malagasy Ariayry. Be aware that the exchange rate might not be great - so coming back from a trip with as little foreign cash as possible is a smart plan.
On the other hand, if you hold Liberian Dollar in a bank or specialist provider account, you'll be able to take advantage of online currency exchange services which can often offer fast, efficient and good value conversion which uses a better rate than a bank would.
You can exchange currencies in person at a currency exchange store, bank or airport, or use an online service instead. It's helpful to know that in person currency exchange options can offer a pretty poor deal overall, as exchange rates commonly include a markup - an extra fee. If you're exchanging somewhere with little local competition - like at an airport or hotel, for example - the chances are that the rate you get will be even worse.
A good alternative is to open a multi-currency account which lets you hold and exchange currencies digitally - and if you pick an account which also offers a linked debit card, you can make ATM withdrawals at home and abroad whenever you need cash. Digital specialist services can often offer a better exchange rate with lower overall costs compared to using your bank or exchanging cash in person - plus they're intuitive to use and let you manage your money with just your phone.
LRD | USD | CAD | ZAR | EUR | GBP | SGD | INR | NZD | |
---|---|---|---|---|---|---|---|---|---|
To LRD | - | 193.08600 | 140.32900 | 10.13770 | 206.08100 | 240.86500 | 141.98000 | 2.31184 | 114.43200 |
To USD | 0.00518 | - | 0.72696 | 0.05249 | 1.06775 | 1.24685 | 0.73538 | 0.01197 | 0.59265 |
To CAD | 0.00713 | 1.37560 | - | 0.07221 | 1.46880 | 1.71517 | 1.01158 | 0.01647 | 0.81528 |
To ZAR | 0.09864 | 19.05020 | 13.84810 | - | 20.33040 | 23.75270 | 14.00700 | 0.22819 | 11.28780 |
To EUR | 0.00485 | 0.93655 | 0.68083 | 0.04919 | - | 1.16775 | 0.68878 | 0.01121 | 0.55533 |
To GBP | 0.00415 | 0.80202 | 0.58303 | 0.04210 | 0.85635 | - | 0.58979 | 0.00960 | 0.47532 |
To SGD | 0.00704 | 1.35985 | 0.98855 | 0.07139 | 1.45198 | 1.69553 | - | 0.01628 | 0.80607 |
To INR | 0.43256 | 83.51360 | 60.71070 | 4.38226 | 89.17160 | 104.12900 | 61.41440 | - | 49.52160 |
To NZD | 0.00874 | 1.68734 | 1.22657 | 0.08859 | 1.80073 | 2.10386 | 1.24059 | 0.02019 | - |
The Liberian Dollar to Malagasy Ariayry exchange rate today is 22.627 . Use this guide to learn more about exchanging LRD to MGA in the easiest and best value way for your specific needs.
The LRD to MGA rate today is 22.627 . That means that 1 Liberian Dollar would be worth 22.627 Malagasy Ariayry.
Exchange LRD to MGA in person at a bank, currency exchange store or airport - or for a better exchange rate and to avoid standing in line in a physical store, use a digital service. Online currency exchange services are safe, intuitive and easy to use, to send payments internationally, or hold and exchange multiple currencies including LRD to MGA.
If you want to send money from Liberia - or anywhere else in the world - to Madagascar, you'll be able to do so through your bank or an online specialist service like Wise. Specialist international money transfer services can often offer better exchange rates and lower overall costs for payments to Madagascar - plus, you'll be able to get everything arranged with just your laptop or phone.
The mid-market exchange rate is the rate that banks and currency exchange services get when they buy and sell currencies like Malagasy Ariayry and Liberian Dollar on wholesale markets. It's an important benchmark you can use to measure whether the exchange rate you're offered by a bank or exchange service is fair.
Usually banks and exchange services add a percentage margin - known as a markup - to the exchange rate they get themselves. But this markup can vary a lot, and in some cases pushes up the cost of currency exchange significantly. Learning about the mid-market rate and monitoring it can mean you get a better deal when you exchange currencies.
Get the live Liberian Dollar to Malagasy Ariayry exchange rate with our handy tools, to help you compare your options.
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