Currency Calculator

Use the currency calculator to calculate the rate of exchange.

MGA Flag

1 MGA = 0.00030 EUR

EUR Flag

1 EUR = 3377.13492 MGA

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Currency Information on MGA

Currencyfair
FCA Regualted: FCA Regulated
Margin Rate: 2%
100,000 gets you: 29 eur
FC Exchange
FCA Regualted: FCA Regulated
Margin Rate: 1%
100,000 gets you: 30 eur
Tranzfers
FCA Regualted: FCA Regulated
Margin Rate: 2%
100,000 gets you: 29 eur
Santander Bank
FCA Regualted: FCA Regulated
Margin Rate: 5%
100,000 gets you: 29 eur
Western Union
FCA Regualted: FCA Regulated
Margin Rate: 4%
100,000 gets you: 29 eur

Countries that use the MGA

Currency Information on Malagasy Ariary - MGA — Malagasy ariary – Ar

The Madagascan currency, is one of only two non-decimal units of currency in circulation, one ariary subdivides into 5 iraimbilanja.

The currency was introduced in 1961, replacing the Malagasy franc at a ratio of 5 francs to one ariary. Both franc and ariary continued to be issued alongside each other, until the ariary became the official currency, fully replacing the franc in 2005.

Coins are available in denominations of 1 and 2 iraimbilanja, 1, 2, 4, 5, 10, 20 and 50 ariary. Banknotes are in circulation in denominations of 100, 200, 500, 1000, 2000, 5000 and 10,000 ariary.

Money Transfers from MGA

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