Which countries use the Malagasy ariary (MGA)?

The Malagasy ariary is used as official legal tender in the following countries: Madagascar.

How is the exchange rate of Malagasy ariary vs the US Dollar determined?

The exchange rate is determined by international foreign exchange markets based on supply, demand, inflation, economic health, and interest rate policies of the issuing region.

How accurate are the exchange rates listed?

All rates listed are reference mid-market rates based on static data matrices. These represent clean interbank values and should be used for informational purposes only.

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Malagasy ariary

ISO Code: MGA

The Malagasy ariary (MGA) is the official currency of Madagascar. It is represented by the symbol Ar and is managed by the central monetary authority of the issuing region.

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Countries Utilizing the Malagasy ariary

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Madagascar

Antananarivo

Live Rates & Stats

Rate vs USD

1 USD = 4240.7347 MGA

1 MGA = 0.0002 USD

Average Global Value

The Malagasy ariary (MGA) currently traded at reference interbank rates. Convert sizes using the calculator link.

Frequently Asked Questions

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