Currency and prices

Madagascar

Currency: Malagasy ariary (MGA). 1 EUR = 5,044.62 MGA, rate of 28 October 2026.

Malagasy ariary Ar

ISO 4217 code: MGA · 969
Subunit: iraimbilanja (1/5)

MGA exchange rate

Currency	1 MGA =	per unit
EUR euro	0.0001982 EUR	1 EUR = 5,044.62 MGA
USD US dollar	0.0002223 USD	1 USD = 4,497.70 MGA
GBP pound sterling	0.0001657 GBP	1 GBP = 6,035.68 MGA
PLN Polish złoty	0.0008759 PLN	1 PLN = 1,141.70 MGA
CHF Swiss franc	0.0001822 CHF	1 CHF = 5,487.46 MGA
JPY Japanese yen	0.03511 JPY	1 JPY = 28.4846 MGA
CNY Chinese yuan (renminbi)	0.001478 CNY	1 CNY = 676.52 MGA

MGA rate: NBP (table B), 28 October 2026. Rates against other currencies are calculated via the euro. Source: NBP (www.nbp.pl) – mid rate in złoty; the rate to the euro and to other currencies is our calculation (via the EUR rate from NBP table A), not a rate published by the NBP. NBP table B is published once a week, on Wednesdays.

What things cost: Madagascar

in the source currency and in USD

Product	Price	USD	Rank	Data
Healthy diet 1 person, 1 day	5,382 MGA	1.19 USD	10 of 156 from cheapest	World Bank, 2025
Price level USA = 100	29		23 of 205 from cheapest	World Bank, 2025

Exchange rate in recent months

Converter

Amount From To 0.02 USD 1 MGA = 0.0002223 USD

Madagascar on other Ominuvo maps

World in NumbersPopulation: 32.7 million (2025)Source: World Bank – WDI: UN World Population Prospects (CC BY 4.0)
Languages of the worldMalagasy, French · official languagesSource: Unicode CLDR (Unicode License v3)
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