Current BRL-MGA mid-market exchange rate

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Today's BRL-MGA commentary

The exchange rate between the Brazilian real and the Malagasy ariary is as we're writting close to its maximal value of the past 2-week period. The highest level recorded during this timeframe was BRL 1 = MGA 996.3782 (the current rate of BRL 1 = MGA 995.4115 is only 0.1% less than that), today at 1:00 AM. This high value of the BRL-MGA exchange rate is in strong contrast with the recent much lower level (BRL 1 = MGA 954.6519) observed on November 15, when sending 4,000 BRL converted into only 3,818,607.7 MGA (the same transfer gives you 3,981,645.99 MGA with the current rate).


BRL Profile

Name: Brazilian real

Symbol: R$

Minor Unit: 1/100 Centavo

Central Bank: Banco Central Do Brasil

Country(ies): Brazil

Rank in the most traded currencies: #19

MGA Profile

Name: Malagasy ariary

Symbol: Ar

Minor Unit: 1/10 Iraimbilanja

Central Bank: Banque Centrale de Madagascar

Country(ies): Madagascar




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