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50 LSL to MGA - Lesotho Loti to Malagasy Ariary Exchange Rate

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LSL - Lesotho LotiDown Arrow
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MGA - Malagasy AriaryDown Arrow
Exchange Rate

LSL 50 = MGA 12722.7555

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1 LSL = 254.45511 MGA | 1 MGA = 0.00393 LSL

Last Updated Feb 14, 5:30 IST

LSL 50 =MGA 12722.7555

1 LSL = 254.45511 MGA
1 MGA = 0.00393 LSL
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Last Updated Feb 14, 5:30 IST
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Our converter applies the mid-market rate. It is solely for informational purposes. The Rate might differ while transferring money.

1 LSL to MGA Exchange Rate Last 5 Days
Date
Malagasy Ariary Price
Feb 13, 2025
254.45901073141732
Feb 12, 2025
254.1800567204665
Feb 11, 2025
255.1506668299342
Feb 10, 2025
255.15276037894284
Feb 9, 2025
255.61709155104487

LSL to MGA Exchange Rate Chart

online1 LSL = 254.45511 MGA

  • 1 Week
  • 1 Month
  • 1 Year
Currency Information
LSL - Lesotho Loti
Our currency rankings show that the most popular Lesotho Loti exchange rate is the LSL to MGA rate. The currency code for Lesotho Loti is LSL. The currency symbol is M.
More Lesotho Loti inforight-arrow
MGA - Malagasy Ariary
Our currency rankings show that the most popular Malagasy Ariary exchange rate is the MGA to LSL rate. The currency code for Malagasy Ariary is MGA. The currency symbol is Ar.
More Malagasy Ariary inforight-arrow
1 Lesotho Loti to Malagasy Ariary stats
Last 30 Days
Last 90 Days
High
255.707
267.722
Low
248.680
246.850
Average
252.658
254.927
Volatility
0.61%
0.61%

How much is 50 LSL in Malagasy Ariary

The exchange value of 50 LSL in Malagasy Ariary is 12722.755 MGA as on Feb 14.

How to check the exchange rate of 50 LSL to MGA with Paytm

You can check the exchange rate of 50 Lesotho Loti to Malagasy Ariary by using the Paytm currency exchange rate calculator.

All you need to do to see the exchange 50 LSL to MGA online is as follows:.

  • Navigate to the Paytm currency calculator page.
  • Enter the amount 50 in the Amount section and
  • Select the currency LSL - Lesotho Loti in the "From" section
  • Select MGA - Malagasy Ariary in "To" section
  • Finally, click "Convert" to see the 50 LSL to MGA conversion amount.

Methods to Convert (LSL) to Malagasy Ariary (MGA) Online

There are several online ways to convert LSL to MGA.

1. Online Banks

Most banks in India allow LSL to MGA conversion through their internet banking or mobile apps.

Steps to Convert LSL to MGA via Online Banking:

  1. Log in to your bank account.
  2. Select "Forex Services" or "Currency Exchange."
  3. Enter the LSL amount you want to convert.
  4. Check the exchange rate.
  5. Confirm and complete the transaction.

Pros:

  • Safe and secure.
  • Money gets credited directly to your account.
  • No hidden fees.

Cons:

  • Banks may offer lower exchange rates.
  • The process can take a few hours to a few days.

2. International Money Transfer Apps

Apps like Wise, PayPal, and Western Union allow LSL to MGA conversion quickly.

Steps to Convert LSL to MGA via international money transfer apps:

  1. Create an account in any app and log in.
  2. Enter the LSL amount you want to convert.
  3. Choose MGA as the receiving currency.
  4. Add the recipient‘s Indian bank details.
  5. Check the exchange rate and fees.
  6. Confirm and transfer.

Pros:

  • Better exchange rates than banks.
  • Fast transfers (few minutes to hours).
  • Small and transparent fees.

Cons:

  • Requires verification for large amounts.

3. Forex Cards

A Forex card is a prepaid card that holds multiple currencies, including LSL.

Steps to Convert LSL to MGA via Forex Card:

  1. Get a Forex card from a bank or travel agency.
  2. Load it with LSL before traveling.
  3. Use it at ATMs in India to withdraw MGA.
  4. The card automatically converts LSL to MGA at the time of withdrawal.

Pros:

  • Safer than carrying cash.
  • Good exchange rates.
  • Can be used multiple times.

Cons:

  • Some banks charge ATM withdrawal fees.
  • Limited to international travelers.

4. Cryptocurrency Exchanges

Some people use crypto exchanges to convert USD to INR through Bitcoin, Ethereum etc.

Steps to Convert LSL to MGA via Crypto:

  1. Buy Bitcoin (BTC) with LSL on a crypto exchange.
  2. Transfer the BTC to an Indian exchange.
  3. Sell it for MGA.
  4. Withdraw MGA to your bank account.

Pros:

  • Fast transactions.
  • Good for high amounts.
  • Some platforms offer zero fees.

Cons:

  • Cryptocurrency prices fluctuate.
  • May not be legal in all countries.

Places to Convert LSL to MGA Offline

There are several offline methods to exchange LSL to MGA. Let‘s explore them.

1. Banks

Banks offer currency exchange services at competitive rates. You need to visit a branch with your LSL cash and exchange it for MGA.

Steps to Exchange LSL to MGA at a Bank:

  1. Visit a bank branch that offers forex services.
  2. Carry your passport, visa, and ID proof (for foreigners).
  3. Fill out the currency exchange form.
  4. Hand over the LSL cash.
  5. Receive MGA in cash or your bank account.

Pros:

  • Safe and reliable.
  • Better exchange rates than airports.
  • Direct deposit option available.

Cons:

  • Limited working hours.
  • Requires documents for verification.

2. Currency Exchange Centers

Private money exchange centers, like Thomas Cook, Muthoot Forex, and Western Union, offer offline LSL to MGA conversion.

Steps to Exchange LSL to MGA at an Exchange Center:

  1. Visit a licensed money exchange center.
  2. Show your passport and ID proof.
  3. Provide the LSL cash for exchange.
  4. Receive MGA at the given exchange rate.

Pros:

  • Quick and easy.
  • Available in major cities and tourist areas.
  • Competitive exchange rates.

Cons:

  • Some centers charge extra service fees.
  • Not available in remote areas.

3. Airport Currency Exchange Counters

Airports have forex counters where travelers can exchange LSL to MGA.

Steps to Exchange LSL to MGA at an Airport:

  1. Locate the currency exchange counter at the airport.
  2. Show your passport and travel documents.
  3. Hand over LSL and receive MGA instantly.

Pros:

  • Convenient for travelers.
  • Open 24/7 in major airports.

Cons:

  • Higher exchange rates compared to banks.
  • Extra service fees.

4. Hotels and Travel Agencies

Some hotels and travel agencies offer currency exchange services for guests.

Steps to Exchange LSL to MGA at a Hotel or Travel Agency:

  1. Check if your hotel or travel agency provides forex services.
  2. Provide your passport and LSL cash.
  3. Receive MGA based on their exchange rate.

Pros:

  • Very convenient for travelers.
  • No need to visit a bank or forex center.

Cons:

  • Higher exchange rates.
  • Limited availability.

5. Local Money Changers

In busy markets and tourist spots, you may find local money changers who exchange LSL for MGA

Steps to Exchange LSL to MGA at a Local Money Changer:

  1. Find a trusted local money changer.
  2. Negotiate the exchange rate if possible.
  3. Provide LSL and receive MGA.

Pros:

  • Quick and easy.
  • Sometimes better rates than banks.

Cons:

  • Risk of fraud or counterfeit MGA.
  • No official receipt or record.

Documents Required for LSL to MGA Exchange

Most offline exchanges require identity proof. Here are the common documents needed:

Document TypeRequired For
PassportAll exchanges (mandatory for foreigners)

Always carry a valid ID when exchanging currency.

Tips to Get the Best Exchange Rate for converting LSL to MGA

  1. Compare Rates: Use online comparison tools to check the best LSL to MGA rates before converting.
  2. Avoid Weekends: Exchange rates are higher on weekends due to market closure.
  3. Use Low-Fee Platforms: Choose platforms like Wise or Forex cards to reduce extra charges.
  4. Avoid Airport Exchanges: Airport forex counters have the worst exchange rates.
  5. Convert Larger Amounts: Some platforms offer better rates for higher amounts.
  6. Negotiate: At local money changers, you may get a better rate if you negotiate.
  7. Check for Hidden Fees: Ask about service charges before exchanging.
  8. Verify the Notes: Always count your MGA and check for fake currency.
  9. Use Official Channels: Avoid unlicensed money changers to prevent scams.

Fees and Charges for converting LSL to MGA

MethodExchange RateTransfer FeeAvailabilitySpeed
Bank TransferLowLowLimited hours1-3 days
Any Third Party AppHighLow24/7Instant/Few minutes
Forex CardMediumLow24/7Instant
Crypto ExchangeHighLow24/7Few minutes
Exchange CentersGoodMediumWidely availableFew minutes
Airport CountersHighHigh24/7 at airportsFew minutes
Hotels/AgenciesVery HighMediumOnly for guestsFew minutes
Local Money ChangersVariesLowRisky but quickFew minutes

Benefits of LSL to MGA Conversion

Converting Lesotho Loti (LSL) to Malagasy Ariary (MGA) offers several advantages, depending on your financial needs and market conditions. Here are some key benefits:

1. Favorable Exchange Rates

LSL is a strong and widely traded currency. If the exchange rate is favorable, converting LSL to MGA can give you more value for your money.

2. Higher Purchasing Power in Madagascar

Since 1 LSL equals a significantly higher amount in MGA, converting LSL to MGA increases your purchasing power, allowing you to afford more goods and services in Madagascar.

3. Supports Travel and Expenses in Madagascar

If you‘re an NRI, tourist, or returning from the Lesotho, converting LSL to MGA ensures you have local currency for daily expenses, shopping, and travel within Madagascar.

4. Investment Opportunities

Converting LSL to MGA can help you invest in Madagascar assets, such as real estate, stocks, mutual funds, and fixed deposits, which often offer higher returns compared to Lesotho markets.

5. Savings on Transaction Fees

Using a direct LSL to MGA conversion method (like Forex cards or money changers) helps avoid unnecessary fees and unfavorable exchange rates charged by international payment gateways or credit card companies.

6. Business and Trade Advantages

For businesses involved in international trade, converting LSL to MGA at the right time can help optimize costs, manage foreign exchange risks, and improve profit margins.

By choosing the right conversion method and timing, you can maximize the benefits of LSL to MGA exchange.

Frequently Asked Questions

FAQs

Can I convert LSL to MGA without a bank account?
Yes, you can use forex cards, international wallets, or cash exchanges.
How long does it take to convert LSL to MGA online?
It depends on the method: • Bank Transfers: 1-3 days • Wise & PayPal: A few minutes to hours • Crypto: A few minutes • Forex Cards: Instant at ATMs
Is it safe to convert LSL to MGA online?
Yes, but use trusted platforms like banks, Wise, or PayPal. Avoid unknown websites to prevent fraud.
Are there any hidden charges?
Always check for: • Transfer fees • Conversion charges • GST or other taxes • Bank charges (for wire transfers)
Can I exchange LSL to MGA without a passport?
Most licensed exchanges require a passport, especially for large amounts. Small amounts may be exchanged with an Aadhaar or PAN card.
How much LSL can I exchange at a time?
There is no strict limit, but heavy transactions may require extra documentation and approval from respective authorities.
Is it safe to exchange money at local money changers?
It can be risky. Always choose a trusted and licensed money changer to avoid scams.
Do banks offer the best exchange rates?
Banks usually offer better rates than airports and hotels, but money exchange centers might have even better deals.
What should I do if I receive fake MGA notes?
If you suspect fake notes, inform the exchange center immediately and report it to the local police if necessary.
What is the 50 Lesotho Loti (LSL) worth against the Malagasy Ariary?
50 LSL is worth 12722.755 Malagasy Ariary today
What is the 25 Lesotho Loti (LSL) worth against the Malagasy Ariary?
25 LSL is worth 6361.378 Malagasy Ariary today
What is the 1 Lesotho Loti (LSL) worth against the Moroccan Dirham?
1 LSL is worth 0.5385675344126227 MAD today
What is the strongest currency in the world right now?
Despite being the most traded and powerful currency in the world, the US dollar may not be the most expensive. On the other hand, Kuwait's strong economy has made the Kuwaiti dinar (KWD) the world's most valuable currency. 1 KWD = $3.26.
What is the top 10 highest currency in the world?
Kuwaiti Dinar, Bahraini Dinar, Omani Rial, Jordanian Dinar, British Pound Sterling, Cayman Islands Dollar, European Euro, Swiss Franc, US Dollar, and Canadian Dollar are the top ten most valuable currencies in the world.
Which is the lowest currency in the world?
The Iranian Rial is the world's most affordable currency.

Source of the rates:apilayer.com

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