🇨🇳 CNY to 🇲🇬 MGA — Chinese Yuan (RMB) to Malagasy Ariary (Ar) Rate Today
Indicative interbank rate. Interbank rate updated 31 Oct 06:00 UTC (2h ago) · ExchangeRate-API (interbank)
Convert Chinese Yuan to Malagasy Ariary using the live indicative interbank rate and the converter below. Covers the cost of sending to Madagascar via the major mobile money apps.
CNY to MGA rate change
Rate tracking started 9 June 2026. Longer windows fill in as history grows.
Change in the CNY→MGA rate. + means the Malagasy Ariary weakened against the Chinese Yuan; − means it strengthened.
Currency converter
CNY → MGA conversion table
| CNY | MGA |
|---|---|
| 1 | 685 |
| 5 | 3,427 |
| 10 | 6,854 |
| 20 | 13,708 |
| 50 | 34,271 |
| 100 | 68,542 |
| 200 | 137,084 |
| 500 | 342,710 |
| 1,000 | 685,420 |
| 2,000 | 1,370,840 |
| 5,000 | 3,427,100 |
| 10,000 | 6,854,200 |
Table computed at the indicative rate of 1 CNY = 685 MGA. Real operator-side values include a 1%-4% spread.
Chinese Yuan to Malagasy Ariary exchange rate history
About the Chinese Yuan
The Chinese Yuan (CNY, ¥) is the unit of the broader Renminbi currency system, issued by the People's Bank of China since 1948. The two names sometimes confuse newcomers: Renminbi (literally "people's currency") refers to the currency as a system, while yuan is the unit in which prices are quoted — both terms describe the same money. Two ISO codes circulate: CNY for the onshore mainland-traded yuan and CNH for the offshore yuan traded primarily in Hong Kong, which sometimes diverges modestly from the onshore rate. The PBOC operates a managed-float regime: a daily mid-point is set against the dollar and the market is permitted to trade within a roughly 2% band around it. For Africa, the yuan has become one of the most strategically important non-G3 currencies. China-Africa bilateral trade reached approximately $348 billion in 2025, up around 17% year-on-year, with Nigeria, South Africa, Angola, Egypt and Kenya as the largest counterparties. In April 2026, Ecobank confirmed negotiations with the Bank of China to launch direct local-currency-to-yuan settlement across its 35 African markets, signalling a structural move away from US-dollar intermediation for African importers paying Chinese suppliers. Note that the ¥ symbol is shared with the Japanese yen — context matters when reading a number.
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FAQ
What is the CNY/MGA exchange rate today?
How much is 100 CNY in MGA?
What's the best way to send Chinese Yuan to Madagascar?
Is the Malagasy Ariary a stable currency?
Why is the rate I see on my mobile money operator different?
Rates shown on this page are indicative interbank reference rates updated daily. Operator send rates typically include a 1%-4% spread above this reference, which covers FX hedging cost, settlement risk and commercial margin. For exact send rates via M-Pesa, MTN MoMo, Sendwave, LemFi, WorldRemit, Wise or TapTap Send to Madagascar, see the inbound transfer comparison.