NZD to MGA Exchange Rates

New Zealand Dollar to Malagasy Ariary. Get bank beating foreign currency exchange with OFX.

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Our currency converter displays Market Rates and is not indicative of OFX Customer Rates.

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MGA Snapshot

The Malagasy ariary is the currency of Madagascar and one of the only two non-decimal currencies circulating since its introduction in 1961. The ariary replaced the franc as the official currency of Madagascar in 2005.

  • Currency Name: Malagasy ariary
  • Currency Code: MGA
  • Currency Symbol: Ar
  • Central Bank: Banky Foiben'i Madagasikara
  • Countries Used In: Madagascar, Mauritania
  • Major Unit: One Malagasy ariary
  • Minor Unit: iraimbilanja = 1/5 of a Malagasy ariary
  • Note Denominations: Ar100, 200, 500, 1000, 2000, 5000, 10000, 20000
  • Coin Denominations: 1, 2 iraimbilanja, Ar1, 2, 4, 5, 10, 20, 50


Previous NZD to MGA Exchange Rates

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  • Decimal places:
  • 2
  • 4
  • 6
Date (GMT) Rate**
Average 2425.539944
31 Dec 2017 2202.461853
31 Dec 2018 2350.489416
31 Dec 2019 2385.657651
31 Dec 2020 2466.567765
27 Nov 2021 2722.523037

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