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.

Australian Dollar

Australian Dollar

The Australian dollar (sign: $; code: AUD) is the currency of the Commonwealth of Australia, including its external territories Christmas Island, Cocos (Keeling) Islands, and Norfolk Island, as well as the independent Pacific Island states of Kiribati, Nauru, Tonga, Tuvalu, and Vanuatu. The Australian dollar was legal tender of Papua New Guinea until 1 January 1976, when the Papua New Guinean kina became the sole legal tender. Within Australia, it is almost always abbreviated with the dollar sign ($), with A$ or AU$ sometimes used to distinguish it from other dollar-denominated currencies. It is subdivided into 100 cents. In 2016, the Australian dollar was the fifth most traded currency in the world, accounting for 6.9% of the world's daily share (down from 8.6% in 2013). It trades in the world foreign exchange markets behind the US dollar, the euro, the yen and the pound sterling. The Australian dollar is popular with currency traders, because of the comparatively high interest rates in Australia, the relative freedom of the foreign exchange market from government intervention, the general stability of Australia's economy and political system, and the prevailing view that the Australian dollar offers diversification benefits in a portfolio containing the major world currencies, especially because of its greater exposure to Asian economies and the commodities cycle. The currency is commonly referred to by foreign-exchange traders as the "Aussie dollar".

2572 Malagasy Ariary to Australian Dollar exchange rates chart

2572 MGA to AUD exchange rates graph
2572 MGA to AUD 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.

2572 MGA to AUD exchange rates table

Exchange MGA to AUD
2572 Malagasy Ariary = 0.986 Australian Dollar
5144 Malagasy Ariary = 1.972 Australian Dollar
12860 Malagasy Ariary = 4.930 Australian Dollar
25720 Malagasy Ariary = 9.859 Australian Dollar
Exchange Malagasy Ariary to Australian Dollar
2572 Malagasy Ariary to Australian Dollar 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.

2572 MGA to AUD exchange rates news

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 (...)

indicative negative
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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Wealthy Madagascar candidates woo sceptical voters trapped by poverty
Wealthy Madagascar candidates woo sceptical voters trapped by poverty

Most Malagasy live on less than $2 a day; Food aid needed by 1.2 mln people in the south; Front-runners pledge to speed up economic recovery; Foreign.

conditional positive
$A near multi-month highs amid Fed caution - 9Finance

Flaring Sino-US trade tensions have kept the Aussie dollar off its high, but the currency is still at a mul...

conditional neutral
Aussie, kiwi near multi-month highs as Fed caution weighs on dollar

SYDNEY, Nov 19- The Australia and New Zealand dollars held near multi-month peaks on Monday as the greenback stumbled on concerns about slowing.

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AUD/USD Bullish Sequence Sputters Ahead of RBA Minutes

The near-term advance in AUD/USD appears to be stalling ahead of the RBA Minutes as the exchange rate struggles to extend the recent series of

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Australian dollar strengthens
Australian dollar strengthens

Aussie dollar climbs against its US counterpart.

indicative positive

2572 MGA to AUD currency converter