Malagasy Currency

Visiting Madagascar and needs to know the name of the Malagasy money unit or just want to know what is the exchange rate for $1 US dollars in Malagasy currency?

Use the links on this page to learn more about the local currency in Madagascar, currency symbol, notes and more.


Malagasy Currency Exchange Rate Today

Madagascar Money

  • The official money used in Madagascar is Ariary.

  • The currency symbol of the Malagasy money is Ar.

  • The Malagasy currency code is MGA.

  • The Ariary Notes: The Malagasy currency notes are made up of Ar100, 200, 500, 1000, 2000, 5000, 10,000.

  • The Ariary Coins: 1 Ariary is made up of 100 Iraimbilanjas. Malagasy Iraimbilanja Coins go from 1, 2 iraimbilanja, Ar1, 2, 4, 5, 10, 20, 50.

What is the best currency to use in Madagascar? obviously it is best to convert your currency to Malagasy money and use the local Ariary as it is accepted everywhere in Madagascar. American dollars and other major currencies like Stirling Pound or Swiss Franc are not readily accepted in most business establishments, however some major hotel chains, restaurants and shops may accept US dollars at an agreed upon exchange rate.

Are credit cards widely accepted in Madagascar? Popular credit cards, like Mastercard and Visa, are widely accepted within Madagascar (at hotels, restaurants, shops, travel agencies etc.). American Express is less common and can attract surcharges if you are able to use in an establishment - hence check before you use it.

What is the exchange rate for Ariary to US Dollars?

Exchange rates for foreign currencies are always changing and in most cases minute by minute.

It’s wise to ask for the the today's currency exchange rate for US Dollar to Malagasy Ariary before ordering the Ariary you require for your next trip from American Dollar to Ariary Exchange Rate Today.

What is the exchange rate for Ariary to British Pound?

Exchange rates for foreign currencies are often changing and in most cases minute by minute.

It’s important to ask for the the latest money exchange rate for British Pound to Malagasy Ariary before buying the Ariary you need for your up coming trip from Stirling Pound to Ariary Exchange Rate Today.