Current JPY-MGA mid-market exchange rate

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Today's JPY-MGA commentary

The JPY-MGA interbank rate is currently near its maximal level of the last two weeks. Its highest level recorded during this timeframe was JPY 1 = MGA 30.0594 (the current rate of JPY 1 = MGA 29.9551 is only 0.35% less than that), today at 12:06 AM. This actual high value of the JPY-MGA is in strong contrast with the recent much lower value (JPY 1 = MGA 29.3483) recorded on August 2, when a transfer of 4,000 JPY for example converted into only 117,393.31 MGA (the exact same transfer converts to 119,820.58 MGA with the current rate - 2,427.27 MGA more).

JPY Profile

Name: Japanese yen

Symbol: ¥

Minor Unit: 1/100 Sen

Central Bank: Bank of Japan

Country(ies): Japan

Rank in the most traded currencies: #3

MGA Profile

Name: Malagasy ariary

Symbol: Ar

Minor Unit: 1/10 Iraimbilanja

Central Bank: Banque Centrale de Madagascar

Country(ies): Madagascar