Current NZD-MGA mid-market exchange rate

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Today's NZD-MGA commentary

Examining the last 14 days period, there is a very significative difference (2.78%) between the maximum level of NZD 1 = MGA 2,225.7516 we saw on August 8 and the lowest value of NZD 1 = MGA 2,163.8113 we saw last Sunday. Despite these important variations, the current NZD-MGA exchange rate is in fact close to its average value of the past fourteen days. Exchanging NZD 1,500 at today's latest interbank exchange rate gives you MGA 3,288,551, while it was equal to MGA 3,338,627 on August 8 but only MGA 3,245,717 last Sunday.


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