Current SEK-MGA mid-market exchange rate

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Today's SEK-MGA commentary

The fluctuations of the SEK-MGA mid-market exchange rate we see over the last 14 days are very significatives (more than 3.76% difference between the minimum and maximum). It is interesting to note that in spite of these heavy fluctuations, the current SEK-MGA mid-market rate is in fact very close to its average level of the last fourteen days. Transferring SEK 1,500 at the actual interbank exchange rate gives you MGA 578,441, it would have given you as much as MGA 586,797 on October 16 and MGA 564,712 on October 10.


SEK Profile

Name: Swedish krona

Symbol: kr

Minor Unit: 1/100 ören (discontinued)

Central Bank: Sveriges Riksbank

Country(ies): Sweden

Rank in the most traded currencies: #9

MGA Profile

Name: Malagasy ariary

Symbol: Ar

Minor Unit: 1/10 Iraimbilanja

Central Bank: Banque Centrale de Madagascar

Country(ies): Madagascar