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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The amounts above are calculated using the Market (Interbank) rate and are not indicative of OFX Customer Rates. Simply register or log in for 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 1760.625862
31 Dec 2005 1262.076624
31 Dec 2006 1184.443676
31 Dec 2007 1349.354957
31 Dec 2008 1241.542081
31 Dec 2009 1274.464494
31 Dec 2010 1516.340756
31 Dec 2011 1605.483098
31 Dec 2012 1783.339038
31 Dec 2013 1818.893748
31 Dec 2014 2046.294068
31 Dec 2015 2169.483372
31 Dec 2016 2203.052413
31 Dec 2017 2202.461853
31 Dec 2018 2350.489416
17 Aug 2019 2401.668334
**1 UNIT of {{results.base}} = X UNITS of {{results.term}}

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