Current NZD-MGA mid-market exchange rate

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Exchange rate
2112.9323 
(-8.98%


Today's NZD-MGA commentary

The NZD-MGA rate is currently quite close to its maximal value of the past two weeks. The highest value recorded during this period was NZD 1 = MGA 2,500.7024 (1.57% higher than its actual value of NZD 1 = MGA 2,461.435), yesterday at 6:01 AM. This high value of the NZD-MGA rate differs significantly from the much lower level (NZD 1 = MGA 2,317.7275) observed on January 3, when exchanging 4,000 NZD for instance converted into only 9,270,910.19 MGA (the same amount converts to 9,845,739.85 MGA now, a difference of 574,829.66 MGA).


NZD Profile

Name: New Zealand dollar

Symbol: $

Minor Unit: 1/100 Cent

Central Bank: Reserve Bank of New Zealand

Country(ies): New Zealand

Rank in the most traded currencies: #11

MGA Profile

Name: Malagasy ariary

Symbol: Ar

Minor Unit: 1/10 Iraimbilanja

Central Bank: Banque Centrale de Madagascar

Country(ies): Madagascar