Current CAD-MGA mid-market exchange rate

Find the cheapest provider for your next CAD-MGA transfer

Exchange rate

Today's CAD-MGA commentary

The actual CAD-MGA interbank rate is as we're writting near its maximal value of the last 2-week period. Its highest level we saw during this timeframe was CAD 1 = MGA 2,690.2991 (it is now only 0.32% less than that), attained yesterday at 5:27 PM. The high level of the CAD-MGA is in stark contrast with the recent much lower level (CAD 1 = MGA 2,634.5326) observed last Thursday, when a transfer of 4,000 CAD for instance converted into only 10,538,130.46 MGA (the exact same transfer gives you 10,726,833.99 MGA at the moment, a difference of 188,703.53 MGA).

CAD Profile

Name: Canadian dollar

Symbol: $

Minor Unit: 1/100 Cent

Central Bank: Bank of Canada

Country(ies): Canada

Rank in the most traded currencies: #6

MGA Profile

Name: Malagasy ariary

Symbol: Ar

Minor Unit: 1/10 Iraimbilanja

Central Bank: Banque Centrale de Madagascar

Country(ies): Madagascar