MGA-madagascar-ariary

The ariary (ISO 4217), with the acronym MGA has been the official monetary unit of the Republic of Madagascar since 2003. The final official changeover is on January 1, 2005. On the occasion of the launch of the fiduciary Ariary, new banknotes denominated in Ariary, but comprising the counter-value in Malagasy Franc written in small characters on each of the two sides. Note that the banknotes of the previous ranges were denominated in Franc Malagasy with mention of the counter-value “Ariary” written in figures and/or in letters in small characters. (1 MGA = 5 MGF)

the MGA – Madagascar Ariary – is the currency having legal tender in Madagascar. The Ariary is only the official currency in Madagascar.

In writing the symbol is ‘Ar’

The banknotes in circulation are :

  • BANKNOTE OF ARIARY 20 000 (roa alina)
  • BANKNOTE OF ARIARY 10 000 (iray alina)
  • BANKNOTE OF ARIARY 5 000 (dimy arivo)
  • BANKNOTE OF ARIARY 2 000 (roa arivo)
  • BANKNOTE OF ARIARY 1 000 (arivo)
  • BANKNOTE OF ARIARY 500 (dimanjato)
  • BANKNOTE OF ARIARY 200 (roanjato)
  • BANKNOTE OF ARIARY 100 (zato)

The coins in circulation are :

  • COIN OF ARIARY 50 (dimampolo)
  • COIN OF ARIARY 20 (roapolo)
  • COIN OF ARIARY 10 (folo)
  • COIN OF ARIARY 5 (dimy)
  • COIN OF ARIARY 2 (roa)
  • COIN OF ARIARY 1 (ariary)

https://www.banky-foibe.mg displays exchange rate of reference daily

MGA-madagascar-ariary
MGA-madagascar-ariary

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