USD to MGA Exchange Rates

United States 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 USD to MGA Exchange Rates

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  • Decimal places:
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  • 4
  • 6
Date (GMT) Rate**
Average 2433.135805
December 31, 2005 1789.193697
December 31, 2006 1816.444234
December 31, 2007 1840.121009
December 31, 2008 1738.837668
December 31, 2009 1957.606848
December 31, 2010 2103.274302
December 31, 2011 2027.620282
December 31, 2012 2200.731543
December 31, 2013 2217.041644
December 31, 2014 2467.050552
December 31, 2015 3109.040746
December 31, 2016 3161.750273
December 31, 2017 3099.047435
December 31, 2018 3397.711607
June 25, 2019 3571.56523

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