TZS to MGA exchange rate
Tanzanian Shilling to Malagasy Ariary currency converter at the live mid-market rate.
Reference rate (mid-market)
1 TZS = 1.7256 MGA
1 MGA = 0.5795 TZS
Rate as of . Market reference rate, updated about every 30 minutes.
Reference rate only. MigraPay does not currently support sending Tanzanian Shilling (TZS) to Malagasy Ariary (MGA). The rate above is the mid-market rate for comparison; it is not a MigraPay quote.
Send money on a supported route:
Convert
Reference rateAmount
Converted to
1 TZS = 0.00 MGA
Mid-market reference rate, not a MigraPay quote
TZS to MGA conversion tables
Popular amounts at today's rate, in both directions.
| TZS | MGA |
|---|---|
| 1 TZS | 1.7256 MGA |
| 5 TZS | 8.628 MGA |
| 10 TZS | 17.2561 MGA |
| 20 TZS | 34.5121 MGA |
| 50 TZS | 86.2803 MGA |
| 100 TZS | 172.56 MGA |
| 200 TZS | 345.12 MGA |
| 500 TZS | 862.8 MGA |
| 1,000 TZS | 1,725.61 MGA |
| 2,000 TZS | 3,451.21 MGA |
| 5,000 TZS | 8,628.03 MGA |
| 10,000 TZS | 17,256.07 MGA |
| MGA | TZS |
|---|---|
| 1 MGA | 0.5795 TZS |
| 5 MGA | 2.8975 TZS |
| 10 MGA | 5.7951 TZS |
| 20 MGA | 11.5901 TZS |
| 50 MGA | 28.9753 TZS |
| 100 MGA | 57.9506 TZS |
| 200 MGA | 115.9 TZS |
| 500 MGA | 289.75 TZS |
| 1,000 MGA | 579.51 TZS |
| 2,000 MGA | 1,159.01 TZS |
| 5,000 MGA | 2,897.53 TZS |
| 10,000 MGA | 5,795.06 TZS |
TZS to MGA exchange rate history
Market rate over time, with the high, low and average for any period you pick.
About the Tanzanian Shilling and the Malagasy Ariary
About the Tanzanian Shilling (TZS)
- Symbol
- TSh
- Issued by
- Bank of Tanzania
- Used in
- Tanzania
- Subunit
- 100 senti
The Tanzanian shilling is a managed float. Mobile money dominates everyday payments in Tanzania, so shilling transfers typically land on M-Pesa, Airtel Money or Tigo Pesa.
Why the TZS to MGA rate changes
The Tanzanian Shilling to Malagasy Ariary exchange rate is not fixed. It moves with supply and demand for each currency, interest-rate decisions by the central banks that issue them, inflation, commodity prices and the general appetite for risk in global markets. Most emerging-market currencies are priced through the US dollar, so a strong or weak dollar day usually shows up in the TZS to MGA rate too.
The rate on this page is the mid-market rate: the midpoint between buy and sell prices on the global market, updated about every 30 minutes. Banks and transfer services add a spread and fees on top, so the TZS to MGA rate you are offered will usually be lower than the figure here. Use it as the benchmark to judge any quote.
More exchange rates
MGA to TZS and other MGA rates
- MGA to TZS
- MGA to CAD
- MGA to NGN
- MGA to USD
- MGA to EUR
- MGA to GBP
- MGA to GHS
- MGA to USDT
- MGA to USDC
- MGA to BRL
- MGA to COP
- MGA to IDR
- MGA to INR
- MGA to KES
- MGA to LKR
- MGA to MXN
- MGA to PHP
- MGA to RWF
- MGA to THB
- MGA to UGX
- MGA to XAF
- MGA to XOF
- MGA to ZAR
- MGA to JPY
- MGA to CNY
- MGA to AUD
- MGA to CHF
- MGA to AED
- MGA to SAR
- MGA to PKR
- MGA to BDT
- MGA to EGP
- MGA to TRY
- MGA to SGD
TZS to other currencies
- TZS to CAD
- TZS to NGN
- TZS to USD
- TZS to EUR
- TZS to GBP
- TZS to GHS
- TZS to USDT
- TZS to USDC
- TZS to BRL
- TZS to COP
- TZS to IDR
- TZS to INR
- TZS to KES
- TZS to LKR
- TZS to MXN
- TZS to PHP
- TZS to RWF
- TZS to THB
- TZS to UGX
- TZS to XAF
- TZS to XOF
- TZS to ZAR
- TZS to JPY
- TZS to CNY
- TZS to AUD
- TZS to CHF
- TZS to AED
- TZS to SAR
- TZS to PKR
- TZS to BDT
- TZS to EGP
- TZS to TRY
- TZS to SGD
Other currencies to MGA
- CAD to MGA
- NGN to MGA
- USD to MGA
- EUR to MGA
- GBP to MGA
- GHS to MGA
- USDT to MGA
- USDC to MGA
- BRL to MGA
- COP to MGA
- IDR to MGA
- INR to MGA
- KES to MGA
- LKR to MGA
- MXN to MGA
- PHP to MGA
- RWF to MGA
- THB to MGA
- UGX to MGA
- XAF to MGA
- XOF to MGA
- ZAR to MGA
- JPY to MGA
- CNY to MGA
- AUD to MGA
- CHF to MGA
- AED to MGA
- SAR to MGA
- PKR to MGA
- BDT to MGA
- EGP to MGA
- TRY to MGA
- SGD to MGA
Send money with MigraPay
All exchange ratesAll TZS ratesAll MGA ratesSend money abroad
TZS to MGA FAQ
What is the TZS to MGA exchange rate today?
1 Tanzanian Shilling (TZS) is 1.7256 Malagasy Ariary (MGA), as of 6 Nov 2026, 06:36 UTC. This is the mid-market reference rate, updated about every 30 minutes.
How much is 100 TZS in Malagasy Ariary?
100 TZS is 172.56 MGA at the mid-market rate.
How much is 1,000 TZS in MGA?
1,000 TZS converts to 1,725.61 MGA at the mid-market rate.
How much is 2,000 TZS in Malagasy Ariary?
2,000 TZS is 3,451.21 MGA at the mid-market rate.
How much is 100 MGA in TZS?
100 MGA converts to 57.9506 TZS at the mid-market rate.
Can I send TZS to MGA with MigraPay?
Not yet. MigraPay currently sends from Canada, the United States, the United Kingdom and the euro area to Nigeria, Ghana, Kenya and other destinations, plus USDT and USDC wallets. This page is a reference rate for Tanzanian Shilling to Malagasy Ariary only.
Is the TZS to MGA rate the same as the mid-market rate?
Yes. It is the wholesale rate between TZS and MGA on the global market. Banks and transfer services add a spread and fees on top, so the rate you are offered will usually be lower.
How often is this exchange rate updated?
About every 30 minutes, from a global market-data provider. The history chart below shows the daily closing rate for the period you pick.
Rates are mid-market reference rates for information only and are not a quote or an offer to transact.