1 MYR = 926.802 MGA
1 MGA = 0.001 MYR
(Mid-market exchange rate)
Last updated Mar 28, 2024 13:12 GMT
Below is the live and historical Malaysian Ringgit to Malagasy Ariayry rate chart so you can see today's rate - and how the rates have changed over time.
1 MYR = 926.802 MGA
Stat | Last 7 days | Last 30 days | Last 90 days | Last year | Selected period on chart |
---|---|---|---|---|---|
High | 953.709 | 966.045 | 998.063 | 1,001.89 | 966.045 |
Low | 926.802 | 926.802 | 926.802 | 926.802 | 926.802 |
Average | 939.416 | 952.308 | 960.238 | 970.438 | 952.308 |
Volatility | 2.9% | 4.23% | 7.69% | 8.1% | 4.23% |
1 MYR is worth 926.802 MGA today
At the current exchange rate of 926.802 , a sum of 10 Malaysian Ringgit is worth 9,268.02 Malagasy Ariayry.
The Malaysian Ringgit is currently stronger than the Malagasy Ariayry given that 1 MYR is equal to 926.802 MGA. Conversely, 1 MGA is worth 0.001 MYR.
Today, to buy 10 Malaysian Ringgit, you need 9,268.02 Malagasy Ariayry. On the same date last year, you needed 9,809.7 Malagasy Ariayry for 10 Malaysian Ringgit. This change indicates that the Malaysian Ringgit has lost value against the Malagasy Ariayry by 5.52% over the past year.
The pair experienced moderate volatility of 8.1%.
Moderate volatility means there is a moderate risk of price changes. It represents a balance of potential gains and risks.
Today's MYR to MGA exchange rate (926.802) is smaller compared to yesterday's rate (937.569).
1 MYR | 926.80200 MGA |
5 MYR | 4,634.01000 MGA |
10 MYR | 9,268.02000 MGA |
20 MYR | 18,536.04000 MGA |
25 MYR | 23,170.05000 MGA |
50 MYR | 46,340.10000 MGA |
100 MYR | 92,680.20000 MGA |
250 MYR | 231,700.50000 MGA |
500 MYR | 463,401.00000 MGA |
1,000 MYR | 926,802.00000 MGA |
2,000 MYR | 1,853,604.00000 MGA |
5,000 MYR | 4,634,010.00000 MGA |
10,000 MYR | 9,268,020.00000 MGA |
1 MGA | 0.00108 MYR |
5 MGA | 0.00539 MYR |
10 MGA | 0.01079 MYR |
20 MGA | 0.02158 MYR |
25 MGA | 0.02697 MYR |
50 MGA | 0.05395 MYR |
100 MGA | 0.10790 MYR |
250 MGA | 0.26974 MYR |
500 MGA | 0.53949 MYR |
1,000 MGA | 1.07898 MYR |
2,000 MGA | 2.15796 MYR |
5,000 MGA | 5.39490 MYR |
10,000 MGA | 10.78979 MYR |
The currency code for Malaysian Ringgit is MYR.
The MYR currency symbol is RM.
Minor unit: 1/100 = Sen
MYR rank by most traded currencies: 32
Avg proportion of daily world trade volume: 0.10%
MYR rank by strongest currencies (buying power): 40
The Malaysian Ringgit is the currency of 1 countries:
Malaysia
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 Malaysian Ringgit 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 Malaysian Ringgit 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 MYR to MGA exchange rate for your specific transaction.
Get to know the MYR/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 MYR/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 Malaysian Ringgit 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 Malaysian Ringgit in the same way as you'd exchange Malaysian Ringgit 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 Malaysian Ringgit 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.
MYR | USD | SGD | AUD | INR | EUR | GBP | CAD | PHP | |
---|---|---|---|---|---|---|---|---|---|
To MYR | - | 4.73400 | 3.50316 | 3.07213 | 0.05677 | 5.10704 | 5.97454 | 3.48229 | 0.08410 |
To USD | 0.21124 | - | 0.74022 | 0.64920 | 0.01199 | 1.07890 | 1.26185 | 0.73575 | 0.01776 |
To SGD | 0.28546 | 1.35095 | - | 0.87704 | 0.01620 | 1.45754 | 1.70470 | 0.99397 | 0.02401 |
To AUD | 0.32551 | 1.54036 | 1.14020 | - | 0.01847 | 1.66189 | 1.94370 | 1.13332 | 0.02736 |
To INR | 17.61410 | 83.39350 | 61.72950 | 54.13910 | - | 89.97320 | 105.23000 | 61.35710 | 1.48126 |
To EUR | 0.19581 | 0.92685 | 0.68609 | 0.60172 | 0.01111 | - | 1.16959 | 0.68195 | 0.01646 |
To GBP | 0.16738 | 0.79249 | 0.58662 | 0.51448 | 0.00950 | 0.85500 | - | 0.58308 | 0.01408 |
To CAD | 0.28717 | 1.35915 | 1.00607 | 0.88236 | 0.01630 | 1.46639 | 1.71504 | - | 0.02414 |
To PHP | 11.89110 | 56.29910 | 41.65660 | 36.54940 | 0.67510 | 60.74110 | 71.04100 | 41.42230 | - |
The Malaysian Ringgit to Malagasy Ariayry exchange rate today is 926.802 . Use this guide to learn more about exchanging MYR to MGA in the easiest and best value way for your specific needs.
The MYR to MGA rate today is 926.802 . That means that 10 Malaysian Ringgit would be worth 9,268.02 Malagasy Ariayry.
Exchange MYR 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 MYR to MGA.
If you want to send money from Malaysia - 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 Malaysian Ringgit 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 Malaysian Ringgit to Malagasy Ariayry exchange rate with our handy tools, to help you compare your options.
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