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Exchange Malagasy Ariary (Madagascar) for Cash in the UK

We accept Malagasy Ariary (Madagascar) coins, current banknotes and withdrawn notes — including currency banks won't exchange.

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1. Add your Malagasy Ariary (Madagascar)

Select the notes and coins you want to exchange

2. Send your currency

Post your currency using our free secure envelope

3. Get paid to your bank

Receive payment within 5 working days

Get an Instant Valuation

Current Malagasy Ariary Exchange Rates

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You will receive £0

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Calculation is indicative. Final rate confirmed upon receipt.

Exchange Rates
Currency Type Rate (GBP)
Current Banknotes £0.000056
Withdrawn Notes £0.000010
Malagasy Ariary Coins £0.000000

Last updated: 30 July 2026 at 10:00

Malagasy Ariary (Madagascar) Banknotes & Coins We Accept

To exchange your Malagasy Ariary (Madagascar) for cash, select the coins or banknotes you want to add to your account below.

About Malagasy Ariary Exchange

The Malagasy Ariary (MGA) is the official currency of Madagascar, a large island nation off the south-east coast of Africa. We accept all denominations of Malagasy Ariary banknotes and coins, including older series and damaged notes.

Current Malagasy Ariary Banknotes

The current series of Malagasy Ariary banknotes, issued from 2017, features striking imagery drawn from Madagascar’s natural and cultural heritage — including the 20,000 Ariary note depicting the Ambatovy Nickel Mine and the 5,000 Ariary note featuring a whale tail. We accept all denominations across the range, from the smaller everyday notes such as the 100 Ariary and 200 Ariary notes through to the highest values.

Old Series & Damaged Notes

Unlike most high street exchanges, we also accept older Malagasy Ariary banknotes, including any designs predating the 2017 series, as well as notes that are torn, worn, or otherwise damaged. As a general rule, a note must be at least 50% intact for us to accept it. Rates on older or damaged notes may be slightly lower to reflect condition, but you will still receive a fair offer rather than being turned away empty-handed.

Malagasy Ariary Coins

We accept Malagasy Ariary coins from the 2003 issue, including denominations such as the 50 Ariary and the 20 Ariary, as well as the smaller fractional pieces right down to the 0.2 Ariary (1 FMG). Coin exchange rates are slightly lower than banknote rates due to the additional handling involved, but we are one of the few services in the UK that will take them at all.

Why Exchange With Us?

  • Competitive exchange rates updated daily
  • Accept coins and damaged notes that banks won’t take
  • We verify your currency and pay you within 5 working days
  • No hidden fees or charges

Malagasy Ariary Exchange FAQ

Is the Malagasy Ariary the same as the old Malagasy Franc?

No — the Malagasy Ariary (MGA) replaced the Malagasy Franc (FMG) as Madagascar’s official currency in 2005. One Ariary equals five Iraimbilanja, and you may still encounter coins that display both the Ariary value and the old FMG equivalent, such as the 2 Ariary coin also marked as 10 FMG.

Can I exchange Malagasy Ariary banknotes that are torn or heavily worn?

Yes, we do accept damaged Malagasy Ariary notes, provided they are at least 50% intact. Unlike most high street currency exchanges, we won’t simply refuse a note because it is creased, faded, or has a small tear — just bear in mind the rate offered may be slightly lower than for notes in good condition.

Do UK banks accept leftover Malagasy Ariary?

No — UK banks and post offices do not typically accept Malagasy Ariary, as it is not a widely traded currency in the UK. We specialise in currencies like this, so we are one of the best options for converting your leftover Ariary after a trip to Madagascar.

How do I send my Malagasy Ariary to you and when will I be paid?

Simply box up your Malagasy Ariary banknotes and coins and post them to us yourself. Once we receive and verify your currency, we will pay you within 5 working days via bank transfer or PayPal. If you are not happy with the offer we make, we will return your currency to you free of charge.

Do you accept the small fractional Malagasy Ariary coins?

Yes! We accept the full range of 2003-issue coins, including the smaller denominations such as the 1 Ariary, 2 Ariary, and even the 0.2 Ariary piece (equivalent to 1 FMG). These fractional coins are rarely accepted elsewhere, so if you have a collection of mixed Malagasy change, we are well placed to help.

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