Current RON-MGA mid-market exchange rate

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Today's RON-MGA commentary

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).


RON Profile

Name: Romanian leu

Symbol: lei

Minor Unit: 1/100 Bani

Central Bank: National Bank of Romania

Country(ies): Romania

MGA Profile

Name: Malagasy ariary

Symbol: Ar

Minor Unit: 1/10 Iraimbilanja

Central Bank: Banque Centrale de Madagascar

Country(ies): Madagascar