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AUD to MGA Calculator

Australian Dollar to Malagasy Ariary - Convert Compare Save

 

AUD to MGA mid-rate = 2587.6485

Right now the AUD/MGA market mid-rate is 2587.6485 and represents ideally how many Malagasy Ariary you can get for one Australian Dollar.

You can calculate equivalent Australian Dollar to Malagasy Ariary currency amounts (at mid-rate) below.

AUD / MGA Converter


$AUD


ArMGA
1 Australian Dollar equals
2587.6485 Malagasy Ariary

Compare how much you can save on
AUD/MGA exchange rates for:

Foreign Transfers

 
 
3 Month AUD to MGA Chart
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Sending to MGA we recommend: WorldRemit WorldRemit

Australian Dollar

Malagasy Ariary

1 AUD 2,587.65 MGA
5 AUD 12,938.24 MGA
10 AUD 25,876.49 MGA
20 AUD 51,752.97 MGA
50 AUD 129,382.43 MGA
100 AUD 258,764.85 MGA
250 AUD 646,912.13 MGA
500 AUD 1,293,824.25 MGA
1,000 AUD 2,587,648.50 MGA
2,000 AUD 5,175,297.00 MGA
5,000 AUD 12,938,242.50 MGA
10,000 AUD 25,876,485.00 MGA
50,000 AUD 129,382,425.00 MGA
100,000 AUD 258,764,850.00 MGA
See more

Australian Dollar

Malagasy Ariary

0.0004 AUD 1 MGA
0.0019 AUD 5 MGA
0.0039 AUD 10 MGA
0.0077 AUD 20 MGA
0.0193 AUD 50 MGA
0.0386 AUD 100 MGA
0.0965 AUD 250 MGA
0.1930 AUD 500 MGA
0.3860 AUD 1,000 MGA
0.7720 AUD 2,000 MGA
1.9300 AUD 5,000 MGA
3.8600 AUD 10,000 MGA
19.30 AUD 50,000 MGA
38.60 AUD 100,000 MGA
See more

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Australian Dollar to Malagasy Ariary (AUD-MGA) - 10 Year History

The below table shows the historic variation in the AUD/MGA exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of AUD versus other currencies : AUD historical charts.

DateExchange RatePeriodChange
19 Jan 20192587.6478Latest
12 Jan 20192586.71511 Week+0.04%
20 Dec 20182490.62101 Month+3.9%
23 Jul 20182485.00496 Months+4.13%
19 Jan 20182593.63281 Year-0.23%
19 Jan 20172447.42962 Years+5.73%
20 Jan 20142008.32115 Years+28.85%
21 Jan 20091253.414210 Years+106.45%

Best Rates for AUD/MGA Transfers and Travel Money

The total transaction cost you will be charged is the margin from the mid-rate offered by your foreign exchange provider plus any fixed or percentage fees. These margins and fees will vary significantly for International Money Transfers and Travel Money transactions.


Why can't I just get the AUD/MGA market rate I see on Google or in the Media?

The AUD/MGA mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the AUD / MGA was traded (bought or sold) in the international markets.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

The closer your final exchange rate is to the market AUD/MGA midrate the better deal you are getting.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

The three things you need in order to get a good AUD to MGA exchange rate

  1. Know the latest AUD/MGA market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
  2. Compare your Bank's transaction costs to several licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Currency news and forecasts for Australian Dollar and Malagasy Ariary

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

So it follows that if you are determining the best time to transact, in this case the AUD vs MGA, you should pay attention to both Australian Dollar and Malagasy Ariary news and forecasts.

Australian Dollar (AUD) - Market news and forecasts

17-January-19: The Australian dollar recovered strongly following a "flash crash" in early January which saw it briefly trade at a 10-year low of 67.4 US cents.

By the time of this report, AUD/USD was back at 72 cents and roughly in line with December’s median exchange rate. The Aussie was similarly strong against other major currencies following its mini crash.

Several months ago, most analysts agreed that the Aussie was heading higher in 2019, but things have changed. In recent months, investors have become increasingly certain that no increase to Australian interest rates will be seen until 2020; there is, in fact, now a 25 percent chance of an RBA cut, per derivatives pricing. Inaction on interest rates will force capital away from Australia and towards countries where rates are higher or are expected to increase.

One senior researcher at BNP Paribas said in January that the Australian dollar would “get absolutely crucified and could suffer a 25-30 percent [long-term] fall.”

In opposition to that view, at least relative to the US dollar, was a CIBC analyst, who said that at current levels the Aussie was “very undervalued” and was his “best bet” for 2019. The analyst’s view was based upon there being a positive resolution to the US-China trade spat. The Aussie could be worth as much as 78 US cents in the second half of 2019, the analyst said.

Malagasy Ariary (MGA) - Market news and forecasts

No recent Malagasy Ariary market updates.

Currency News and Forecasts - Australian Dollar

Australian Dollar to Get “Crucified,” Analyst Says
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Sterling at 7-Week High Ahead of Important Brexit Vote
Euro Fails in Breakout Attempt, Has Mixed Outlook in 2019
Australian Dollar, Canadian Dollar to Outperform; Yuan at 5-Month High
Outlook for Singapore Dollar Is Bright; Swiss Franc Strong In Spite of ...