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USD to MGA Calculator

United States Dollar to Malagasy Ariary - Convert Compare Save

USD to MGA mid-rate = 3533.8275

Right now the USD/MGA market mid-rate is 3533.8275 and represents ideally how many Malagasy Ariary you can get for one United States Dollar.

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

USD / MGA Converter


$USD


ArMGA
1 United States Dollar equals
3533.8275 Malagasy Ariary

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

Foreign Transfers

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

United States Dollar

Malagasy Ariary

1 USD 3,533.83 MGA
5 USD 17,669.14 MGA
10 USD 35,338.28 MGA
20 USD 70,676.55 MGA
50 USD 176,691.38 MGA
100 USD 353,382.75 MGA
250 USD 883,456.88 MGA
500 USD 1,766,913.75 MGA
1,000 USD 3,533,827.50 MGA
2,000 USD 7,067,655.00 MGA
5,000 USD 17,669,137.50 MGA
10,000 USD 35,338,275.00 MGA
50,000 USD 176,691,375.00 MGA
100,000 USD 353,382,750.00 MGA
See more

United States Dollar

Malagasy Ariary

0.0003 USD 1 MGA
0.0014 USD 5 MGA
0.0028 USD 10 MGA
0.0057 USD 20 MGA
0.0142 USD 50 MGA
0.0283 USD 100 MGA
0.0708 USD 250 MGA
0.1415 USD 500 MGA
0.2830 USD 1,000 MGA
0.5660 USD 2,000 MGA
1.4150 USD 5,000 MGA
2.8300 USD 10,000 MGA
14.15 USD 50,000 MGA
28.30 USD 100,000 MGA
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United States Dollar to Malagasy Ariary (USD-MGA) - 10 Year History

The below table shows the historic variation in the USD/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 USD versus other currencies : USD historical charts.

DateExchange RatePeriodChange
10 Dec 20183565.0000Latest
03 Dec 20183643.34481 Week-2.15%
10 Nov 20183550.00001 Month+0.42%
13 Jun 20183398.92186 Months+4.89%
10 Dec 20173187.52661 Year+11.84%
10 Dec 20163320.32332 Years+7.37%
11 Dec 20132251.27835 Years+58.35%
12 Dec 20081845.009010 Years+93.22%

Best Rates for USD/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 USD/MGA market rate I see on Google or in the Media?

The USD/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 USD / 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 USD/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 USD to MGA exchange rate

  1. Know the latest USD/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, Research and Forecasts for United States Dollar and Malagasy Ariary

Whenever you are interested in an exchange rate you are actually interested in two currencies due to the fact that the value of a currency must always be quoted in comparison to a second currency.

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

United States Dollar (USD) - Market news and forecasts

2018 has been a good year for the dollar; certainly much better than 2017, in which the world’s reserve currency lost 10 percent of its value on a trade-weighted basis. Entering the third week of November 2018, the dollar stood nearly 5 percent higher than its level on January 1st. The dollar benefitted in the month leading up to this report from Brexit uncertainty in Europe and from a collapse in the oil market, which saw its value rise against petro-currencies.

Seasonality becomes an important supporting factor for the dollar approaching year-end, and especially in November. Since 2010, the dollar has averaged trade-weighted gains of 1.8 percent in November and 0.2 percent in December.

In September, Citibank said of the dollar’s 6-12-month outlook that 3-4 percent upside was likely, followed by an 11 percent loss in the long term. It predicted EUR/USD climbing as high as $1.30, from levels in the high $1.13s at the time of writing.

Like Citi, ING remain long-term bearish on the dollar. ING isn't ruling out interventions and jawboning from Washington aimed at weakening the dollar. President Trump clearly would like a far weaker currency.

J.P. Morgan said in November that the dollar would be worth slightly more in the first half of 2019, before weakening slightly in the second half of the year.

Malagasy Ariary (MGA) - Market news and forecasts

No recent Malagasy Ariary market updates.


United States Dollar News and Forecasts

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