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Malagasy ariary (MGA) market outlook and exchange rates

Follow the latest Malagasy ariary news, forecasts and key drivers, then compare live MGA rates across popular currencies.

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MGA news & insights

Recent analysis, guides and market developments relevant to the Malagasy ariary.

Country-guides 2026-01-10

Madagascar Currency Guide

Rate direction

US dollar to Malagasy ariary · USD/MGA trend

Review the recent market direction, current mid-market rate and significant movement alerts.

USD to MGA at 4272 is 1.0% above its 3-month average of 4229, having traded in a relatively stable 6.1% range from 4155 to 4408

04-AUG 8PM-NY 05-AUG 1AM-LON 8AM-HK 10AM-SYD

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