MGAxxx Madagascar Malagasy Ariary exchange rate Live chart (Madagascar currency, code: MGA, symbol: Ar)

Madagascar currency : Madagascar Malagasy Ariary (ISO 4217 currency code: MGA, symbol: Ar) : 1 Malagasy Ariary = 1/5 iraimbilanja. Official currency of Republic of Madagascar (Repoblikan'i Madagasikara), previously known as the Malagasy Republic, an island country in the Indian Ocean. Madagascar Malagasy Ariary currency sign (symbol) is Ar. International Organization for Standardization, ISO 4217 currency code is MGA. The names ariary and iraimbilanja derive from the pre-colonial currency, with ariary (real) being the name for a silver dollar. Iraimbilanja means one iron weight and was the name of an old coin worth ​1⁄5 of an ariary. ISO 3166-1 country code is MG. Central bank is Central Bank of Madagascar (Banky Foiben'i Madagasikara), located in Antananarivo, Madagascar.