Current SGD-MGA mid-market exchange rate

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Today's SGD-MGA commentary

The current SGD-MGA exchange rate is today close to its highest level of the past fourteen days. Its strongest level recorded during this timeframe was SGD 1 = MGA 2,389.1141 (0.18% more than its actual value of SGD 1 = MGA 2,384.7439), today at 3:00 AM. The high value of the SGD-MGA exchange rate is in stark contrast with the recent much lower value (SGD 1 = MGA 2,330.3152) observed on November 14, when exchanging 4,000 SGD for instance only gave you 9,321,260.92 MGA (the exact same transfer gives you 9,538,975.63 MGA at the moment, which is a difference of 217,714.71 MGA).


SGD Profile

Name: Singapore dollar

Symbol: $

Minor Unit: 1/100 Cent

Central Bank: Monetary Authority of Singapore

Country(ies): Singapore

Rank in the most traded currencies: #12

MGA Profile

Name: Malagasy ariary

Symbol: Ar

Minor Unit: 1/10 Iraimbilanja

Central Bank: Banque Centrale de Madagascar

Country(ies): Madagascar




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