Malagasy Ariary

Malagasy Ariary

The ariary (sign: Ar; ISO 4217 code MGA) is the currency of Madagascar. It is subdivided into 5 iraimbilanja and is one of only two non-decimal currencies currently circulating (the other is the Mauritanian ouguiya). The names ariary and iraimbilanja derive from the pre-colonial currency, with ariary (from the Spanish word "real") being the name for a silver dollar. Iraimbilanja means literally "one iron weight" and was the name of an old coin worth ​1⁄5 of an ariary.

South African Rand

South African Rand

The rand (sign: R; code: ZAR) is the currency of South Africa. The Rand is subdivided into 100 cents (sign: "c"). The ISO 4217 code is ZAR, from Dutch Zuid-Afrikaanse Rand (South African Rand). The Rand is legal tender in the Common Monetary Area between South Africa, Swaziland, Lesotho, and Namibia, although the last three countries do have their own currencies pegged at par with rand. Before 1976, the rand was legal tender in Botswana.

250 Malagasy Ariary to South African Rand exchange rates chart

250 MGA to ZAR exchange rates graph
250 MGA to ZAR Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

250 MGA to ZAR exchange rates table

Exchange MGA to ZAR
250 Malagasy Ariary = 0.998 South African Rand
500 Malagasy Ariary = 1.996 South African Rand
1250 Malagasy Ariary = 4.989 South African Rand
2500 Malagasy Ariary = 9.979 South African Rand
Exchange Malagasy Ariary to South African Rand
250 Malagasy Ariary to South African Rand Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

250 MGA to ZAR exchange rates news

Madagascar's Homegrown Auto Industry Is Fascinating

While most of the cars we tend to encounter on a daily basis are made by huge, global corporations, it’s important to remember that there’s interesting cars being put together all over the world, including places that one doesn’t normally associate with automobile production. Madagascar is one of those places. As an island with a fairly small population, you wouldn’t think they’d have a completely indigenous and local car industry. But they do. It’s not big, but it is very interesting, and I think the cars they’ve built are pretty damn cool.

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Le scrutin s'est déroulé dans le calme, mais le pire est à craindre

À l'unisson, les missions d'observation électorale de la communauté internationale (Union européenne, Union africaine, Organisation internationale de (...)

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Une affaire de gros sous confirmée par les observateurs européens

La distribution d'argent lors de la campagne électorale a été signalée par la Mission d'observation électorale de l'Union Européenne (MOE EU) à (...)

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Triste record

Triste ! C'est le moins que l'on puisse dire. Quand Madagascar détient la palme des personnalités candidates à la présidentielle les plus dépensiers (...)

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Pound Sterling South African Rand (GBP/ZAR) Exchange Rate Benefits as UK Industrial Orders Recover
Pound Sterling South African Rand (GBP/ZAR) Exchange Rate Benefits as UK Industrial Orders Recover

An unexpectedly strong improvement in the CBI industrial orders index helped to shore up Pound Sterling (GBP), in spite of lingering political worries.

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South Africa: West Rand Municipality Vehicles Locked Inside Yard As Employees Refuse to Work

Those who find themselves in emergency situations on the West Rand could be in more trouble than they think because protesting municipality workers are preventing critical services from being carried out.

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South African Rand Exchange Rate: Weak ZAR Outlook For Q4 2018 & Q1 2019 As S.A Growth Falters

Despite weakening against a basket of other currencies in the first half of 2018, the South African Rand has steadily rebounded in the foreign exchange markets since the start of September.

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Johannesburg Weather: Severe thunderstorms observed over the West Rand
Johannesburg Weather: Severe thunderstorms observed over the West Rand

Lightning and thunderstorms are observed over large parts of Roodepoort.Â

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Dollar to rand: Six major factors that determine the exchange rate
Dollar to rand: Six major factors that determine the exchange rate

With the dollar to rand exchange rate on a never-ending rollercoaster, we've decided to see what exactly makes our markets tick.

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250 MGA to ZAR currency converter