1 THB = 120.411 MGA
1 MGA = 0.008 THB
(Mid-market exchange rate)
Last updated Mar 29, 2024 07:23 GMT
Below is the live and historical Thai Baht to Malagasy Ariayry rate chart so you can see today's rate - and how the rates have changed over time.
1 THB = 120.411 MGA
Stat | Last 7 days | Last 30 days | Last 90 days | Last year | Selected period on chart |
---|---|---|---|---|---|
High | 123.104 | 127.603 | 134.303 | 134.303 | 127.603 |
Low | 120.045 | 120.045 | 120.17 | 120.17 | 120.045 |
Average | 121.638 | 124.994 | 127.151 | 127.917 | 124.949 |
Volatility | 2.55% | 6.3% | 11.76% | 11.76% | 6.3% |
1 THB is worth 120.411 MGA today
At the current exchange rate of 120.411 , a sum of 50 Thai Baht is worth 6,020.55 Malagasy Ariayry.
The Thai Baht is currently stronger than the Malagasy Ariayry given that 1 THB is equal to 120.411 MGA. Conversely, 1 MGA is worth 0.008 THB.
Today, to buy 50 Thai Baht, you need 6,020.55 Malagasy Ariayry. On the same date last year, you needed 6,378.95 Malagasy Ariayry for 50 Thai Baht. This change indicates that the Thai Baht has lost value against the Malagasy Ariayry by 5.81% over the past year.
The pair experienced high volatility of 11.76%.
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 THB to MGA exchange rate (120.045) is smaller compared to yesterday's rate (120.746).
1 THB | 120.41100 MGA |
5 THB | 602.05500 MGA |
10 THB | 1,204.11000 MGA |
20 THB | 2,408.22000 MGA |
25 THB | 3,010.27500 MGA |
50 THB | 6,020.55000 MGA |
100 THB | 12,041.10000 MGA |
250 THB | 30,102.75000 MGA |
500 THB | 60,205.50000 MGA |
1,000 THB | 120,411.00000 MGA |
2,000 THB | 240,822.00000 MGA |
5,000 THB | 602,055.00000 MGA |
10,000 THB | 1,204,110.00000 MGA |
1 MGA | 0.00830 THB |
5 MGA | 0.04152 THB |
10 MGA | 0.08305 THB |
20 MGA | 0.16610 THB |
25 MGA | 0.20762 THB |
50 MGA | 0.41524 THB |
100 MGA | 0.83049 THB |
250 MGA | 2.07622 THB |
500 MGA | 4.15244 THB |
1,000 MGA | 8.30489 THB |
2,000 MGA | 16.60978 THB |
5,000 MGA | 41.52445 THB |
10,000 MGA | 83.04889 THB |
The currency code for Thai Baht is THB.
The THB currency symbol is ฿.
Minor unit: 1/100 = Satang
THB rank by most traded currencies: 22
Avg proportion of daily world trade volume: 0.20%
THB rank by strongest currencies (buying power): 74
The Thai Baht is the currency of 1 countries:
Thailand
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 Thai Baht 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 Thai Baht 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 THB to MGA exchange rate for your specific transaction.
Get to know the THB/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 THB/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 Thai Baht 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 Thai Baht in the same way as you'd exchange Thai Baht 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 Thai Baht 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.
THB | USD | EUR | CAD | AUD | GBP | INR | ZAR | SGD | |
---|---|---|---|---|---|---|---|---|---|
To THB | - | 36.46000 | 39.29110 | 26.88690 | 23.72630 | 46.01980 | 0.43732 | 1.92550 | 27.02040 |
To USD | 0.02743 | - | 1.07765 | 0.73744 | 0.65095 | 1.26220 | 0.01199 | 0.05282 | 0.74118 |
To EUR | 0.02545 | 0.92795 | - | 0.68430 | 0.60399 | 1.17125 | 0.01113 | 0.04902 | 0.68771 |
To CAD | 0.03719 | 1.35605 | 1.46135 | - | 0.88217 | 1.71161 | 0.01627 | 0.07158 | 1.00445 |
To AUD | 0.04215 | 1.53622 | 1.65566 | 1.13357 | - | 1.93886 | 0.01843 | 0.08113 | 1.13861 |
To GBP | 0.02173 | 0.79227 | 0.85379 | 0.58425 | 0.51577 | - | 0.00950 | 0.04185 | 0.58726 |
To INR | 2.28664 | 83.37100 | 89.84480 | 61.48080 | 54.27280 | 105.23100 | - | 4.40136 | 61.79570 |
To ZAR | 0.51935 | 18.93190 | 20.40010 | 13.97030 | 12.32660 | 23.89210 | 0.22720 | - | 14.03400 |
To SGD | 0.03701 | 1.34920 | 1.45410 | 0.99557 | 0.87826 | 1.70283 | 0.01618 | 0.07126 | - |
The Thai Baht to Malagasy Ariayry exchange rate today is 120.411 . Use this guide to learn more about exchanging THB to MGA in the easiest and best value way for your specific needs.
The THB to MGA rate today is 120.411 . That means that 50 Thai Baht would be worth 6,020.55 Malagasy Ariayry.
Exchange THB 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 THB to MGA.
If you want to send money from Thailand - 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 Thai Baht 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 Thai Baht to Malagasy Ariayry exchange rate with our handy tools, to help you compare your options.
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