The current RON-MGA interbank rate is currently quite close to its maximal level of the last fourteen days. The highest level we saw during this period was RON 1 = MGA 855.001 (only 0.51% more than its actual level of RON 1 = MGA 850.6572), attained. This current high value of the RON-MGA rate is in strong contrast with the recent much lower level (RON 1 = MGA 825.8779) recorded , when exchanging 4,000 RON for example converted into only 3,303,511.56 MGA (the exact same transfer converts to 3,402,628.74 MGA now - 99,117.18 MGA more).
Name: Romanian leu
Minor Unit: 1/100 Bani
Central Bank: National Bank of Romania
Name: Malagasy ariary
Minor Unit: 1/10 Iraimbilanja
Central Bank: Banque Centrale de Madagascar