Malagasy Ariary (MGA)
MGA Currency Demographics
The primary country using the Malagasy Ariary is Madagascar.
The currency code for the Malagasy Ariary is "MGA".
The ISO 4217 number for this currency is 969.
The currency symbol for the Ariary is "Ar".
There are approximately 28,427,333 people around the world who use the Malagasy Ariary.
The Malagasy Ariary is the #47 most used widely currency is the world.
28,427,333 user population
Ranked #47 in the world
MGA Exchange Rates
1 Malagasy Ariary equals:
† Rates last updated at 3 hours ago
‡ Rates are the interbank rate and are only available on large transactions
MGA Currency Facts
|ISO 4217 Code||MGA|
|ISO 4217 Number||969|
|Minor Unit Name||N.a.|
|Minor Unit Symbol||
|Frequently Used banknotes||Ar100, Ar200, Ar500, Ar1000, Ar2000, Ar5000, Ar10000|
|Rarely Used Banknotes||N.a.|
|Frequently Used Coins||Ar1, Ar2, Ar4, Ar5, Ar10, Ar20, Ar50, 1, 25|
|Rarely Used Coins||N.a.|
|Estimated User Population||28,427,333 people|
|MGA Inflation Rate||5.81%|
† Population and Inflation rate as based on data from the World Bank.
‡ Corrections or suggestions? Please contact us.
2023 MGA Currency Holidays
MGA Currency History
The Malagasy Ariary was created in January 2005.
The table below shows the history of currencies that ultimately became the Malagasy Ariary.
|Malagasy franc (MGF)
July 1963 to January 2005