USD → 
MGA Rate as of2026-05-20 USD to MGA Converter.
⚡
Current rate
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.
💱
Rate as of 2026-05-20USD → MGA Converter
$
🇺🇸 $1.00 = 🇲🇬
MGA 4,500
Rate: 1 USD = 4500.0000 MGA
Common conversions
| 🇺🇸 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 |
✨ Mid-market rate · 2026-05-20 · Real-world transfer rates may differ 0.5-3% depending on provider · Not financial advice
📈 Trend
USD trend over time.
Today
4500
1 USD = MGA
1 year ago
4400
↑ 2.3% in 12 months
5 years ago
3800
↑ 18.4% in 5 years
❓ FAQ
USD to MGA FAQ.
Who converts USD to MGA?
US vanilla buyers settling SAVA-region contracts, sapphire and ruby traders in Ilakaka, ecotourists visiting Andasibe and Isalo national parks, and aid workers with USAID, UNICEF, and WHO operations.
Best way to send USD to Madagascar?
Western Union and MoneyGram operate widely through BNI Madagascar and BOA branches; Wise does not yet support MGA. For commercial payments, SWIFT wires via BFV-Societe Generale handle most B2B settlements.
Why has MGA depreciated?
MGA has weakened about 18% against USD over five years as vanilla prices crashed from their 2018 peak, cyclone damage hit rice and clove output, and IMF balance-of-payments support kept the central bank cautious on FX intervention.
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