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Banky Foiben’i Madagasikara (BFM) MGA exchange rates today
Every base currency quoted against MGA
Rate history
MGA per 1 USD · buy, sell, mid and spread
No rate data for this period yet.
Mid is the average of buy and sell. Spread (right axis) is the gap between them as a % of mid.
| Base currency | Buy | Sell | Spread | Updated |
|---|---|---|---|---|
EUR |
4975.00 | 4975.00 |
0.0%
|
Oct 26, 2026 |
USD |
4587.00 | 4587.00 |
0.0%
|
Oct 26, 2026 |
Banky Foiben’i Madagasikara (BFM) MGA rate explained
Banky Foiben’i Madagasikara (BFM) quotes MGA against USD and EUR. Every rate is the amount of MGA for 1 unit of that base currency. Buy is what you receive when you send or sell 1 unit to Banky Foiben’i Madagasikara (BFM); sell is what you pay to buy 1 unit.
USD
Banky Foiben’i Madagasikara (BFM) USD to MGA:
1 USD gets you about 4,587.00 MGA; buying 1 USD costs about 4,587.00 MGA.
EUR
Banky Foiben’i Madagasikara (BFM) EUR to MGA:
1 EUR gets you about 4,975.00 MGA; buying 1 EUR costs about 4,975.00 MGA.
Each base currency is an independent quote from Banky Foiben’i Madagasikara (BFM). They aren't conversions of each other, so compare them on their own terms rather than assuming one currency's quote translates to another.
Common questions
Q
What is the Banky Foiben’i Madagasikara (BFM) USD to MGA rate today?
Banky Foiben’i Madagasikara (BFM) pays about 4,587.00 MGA for 1 USD (buy) and charges about 4,587.00 MGA to sell you 1 USD (sell).
Banky Foiben’i Madagasikara (BFM) pays about 4,587.00 MGA for 1 USD (buy) and charges about 4,587.00 MGA to sell you 1 USD (sell).
Q
What is the difference between the buy and sell rate?
The buy rate is what you receive in MGA when you send or sell a unit of the base currency; the sell rate is what you pay in MGA to get one. The gap between them is the spread, shown in the table for each base currency.
The buy rate is what you receive in MGA when you send or sell a unit of the base currency; the sell rate is what you pay in MGA to get one. The gap between them is the spread, shown in the table for each base currency.
Q
Why does Banky Foiben’i Madagasikara (BFM) show more than one MGA rate?
Banky Foiben’i Madagasikara (BFM) quotes MGA against 2 different base currencies (USD and EUR). Each row in the table is its own rate.
Banky Foiben’i Madagasikara (BFM) quotes MGA against 2 different base currencies (USD and EUR). Each row in the table is its own rate.
Q
How does Banky Foiben’i Madagasikara (BFM) compare with other MGA providers?
See every bank and fintech side by side on the MGA exchange rate page.
See every bank and fintech side by side on the MGA exchange rate page.
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