Examining the last 14 days period, we can observe a very important difference (2.46%) between the highest value of JPY 1 = MGA 31.1337 observed on October 15 and the lowest level of JPY 1 = MGA 30.3693 we recorded on October 9. Even though the variations have been remarkable over the past weeks, the current JPY-MGA mid-market is currently close to its average value of the last two weeks. Exchanging JPY 1,500 at today's interbank exchange rate gives you MGA 46,275, it was equal to as much as MGA 46,701 on October 15 and MGA 45,554 on October 9.
Name: Japanese yen
Minor Unit: 1/100 Sen
Central Bank: Bank of Japan
Rank in the most traded currencies: #3
Name: Malagasy ariary
Minor Unit: 1/10 Iraimbilanja
Central Bank: Banque Centrale de Madagascar