500 MGA to NZD - Convert Malagasy Ariary to New Zealand Dollars
Xe currency converter
1.00 MGA = 0.00038996 NZD
Mid-market rate at 12:42 UTC
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We use the mid-market rate for our Converter. This is for informational purposes only. You won’t receive this rate when sending money. Login to view send rates
MGA to NZD exchange rates today
Convert Malagasy Ariary to New Zealand Dollar
| 1 MGA | 0.000389966 NZD |
| 5 MGA | 0.00194983 NZD |
| 10 MGA | 0.00389966 NZD |
| 25 MGA | 0.00974914 NZD |
| 50 MGA | 0.0194983 NZD |
| 100 MGA | 0.0389966 NZD |
| 500 MGA | 0.194983 NZD |
| 1,000 MGA | 0.389966 NZD |
| 5,000 MGA | 1.94983 NZD |
| 10,000 MGA | 3.89966 NZD |
Convert New Zealand Dollar to Malagasy Ariary
| 1 NZD | 2,564.33 MGA |
| 5 NZD | 12,821.6 MGA |
| 10 NZD | 25,643.3 MGA |
| 25 NZD | 64,108.2 MGA |
| 50 NZD | 128,216 MGA |
| 100 NZD | 256,433 MGA |
| 500 NZD | 1,282,160 MGA |
| 1,000 NZD | 2,564,330 MGA |
| 5,000 NZD | 12,821,600 MGA |
| 10,000 NZD | 25,643,300 MGA |
MGA to NZD chart
See your 500 MGA in motion. Our live MGA to NZD chart tracks 12 months of real-time, mid-market rates and shows exactly how much your money was worth at any point in time. Want to know when the rate moves in your favor? Set a rate alert and we’ll let you know when it hits your target.
1 MGA = 0.000389966 NZD
Feb 23, 2026, 12:42 UTC
MGA to NZD Chart
Compare and save
When you compare Xe to leading banks and providers, the difference is clear. Bank-beating rates and no hidden fees mean more value on every transfer.
Sending 20,000.00 GBP
- Provider
Xe
- Exchange rate
- 1.308000
- Transfer fee
- 0 GBP
- Recipient gets
26,160.00 USD
+399.33 USD
- Provider
Nationwide
- Exchange rate
- 1.289000
- Transfer fee
- 15.00 GBP
- Recipient gets
25,760.66 USD
-399.33 USD
Rates obtained as of 11/25/2025
The comparison savings are based on a single transfer of GBP 20,000 to USD. Savings are calculated by comparing the exchange rate including margins and fees provided by each bank and Xe on the same day 11/25/2025. The comparison savings provided is true only for the example given and may not include all fees and charges. Different currency exchange amounts, currency types, dates, times, and other individual factors will result in different comparison savings. These results therefore may not be indicative of actual savings and should be used only as a guide. The rate comparison chart is updated quarterly.
Popular Malagasy Ariary (MGA) pairings

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Learn more about the MGA and NZD
MGA - Malagasy Ariary
Our currency rankings show that the most popular Malagasy Ariary exchange rate is the MGA to USD rate. The currency code for Malagasy Ariary is MGA. The currency symbol is Ar.
Malagasy AriaryNZD - New Zealand Dollar
Our currency rankings show that the most popular New Zealand Dollar exchange rate is the NZD to USD rate. The currency code for New Zealand Dollars is NZD. The currency symbol is $.
New Zealand Dollar
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MGA to NZD frequently asked questions
As of 12:42 UTC, the mid-market MGA to NZD rate is Ar1 = $0.00038. The mid-market rate is the midpoint between buy and sell prices in global currency markets. To see how much this transfer would be with Xe, visit our send money page.
500 MGA equals 0.19 NZD using the current mid-market exchange rate of $0.00038. If you're looking to send 500 MGA to NZD, check if Xe could save you money on your transfer. Get a live quote on our send money page and see the full price upfront.
To convert currencies, visit the top our Currency Converter, select your preferred currency pair, enter your amount, and view the live mid-market rate.
Yes. You can set up a MGA to NZD rate alert on our rate alerts page or within the Xe app. Get a notification when your desired rate is reached and stay on top of currency shifts.
To see how much a 500 MGA to NZD transfer would cost with Xe, visit our send money page and enter your details into the live quoter. You will get real-time exchange rates, estimated delivery times, and all fees shown upfront before you start your transfer.

