Current USD-MGA mid-market exchange rate

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Total cost
24.31 USD

Total cost
36.73 USD

Total cost
299.91 USD

Today's USD-MGA commentary

The actual USD-MGA interbank rate is at the moment near its maximal level of the last 2-week period. Its highest level observed during this period was USD 1 = MGA 3,173.3045 (it is now only 0.1% less than that),. The actual high level of the USD-MGA rate is in strong contrast with the recent much lower value (USD 1 = MGA 3,040.3497) recorded , when a transfer of 4,000 USD for example converted into only 12,161,398.77 MGA (the exact same transfer converts to 12,680,025.39 MGA at the moment - 518,626.62 MGA more).

USD Profile

Name: United States dollar

Symbol: $

Minor Unit: 1/100 Cent

Central Bank: Federal Reserve Bank

Country(ies): United States, American Samoa

Rank in the most traded currencies: #1

MGA Profile

Name: Malagasy ariary

Symbol: Ar

Minor Unit: 1/10 Iraimbilanja

Central Bank: Banque Centrale de Madagascar

Country(ies): Madagascar