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.

Canadian Dollar

Canadian Dollar

The Canadian dollar (symbol: $; code: CAD; French: dollar canadien) is the currency of Canada. It is abbreviated with the dollar sign $, or sometimes Can$ or C$ to distinguish it from other dollar-denominated currencies. It is divided into 100 cents (¢). Owing to the image of a loon on the one-dollar coin, the currency is sometimes referred to as the loonie by foreign exchange traders and analysts, as it is by Canadians in general, or huard in French. Accounting for approximately 2% of all global reserves, the Canadian dollar is the fifth most held reserve currency in the world, behind the U.S. dollar, the euro, the yen and the pound sterling. The Canadian dollar is popular with central banks because of Canada's relative economic soundness, the Canadian government's strong sovereign position, and the stability of the country's legal and political systems.

2695 Malagasy Ariary to Canadian Dollar exchange rates chart

2695 MGA to CAD exchange rates graph
2695 MGA to CAD 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.

2695 MGA to CAD exchange rates table

Exchange MGA to CAD
2695 Malagasy Ariary = 1.001 Canadian Dollar
5390 Malagasy Ariary = 2.002 Canadian Dollar
13475 Malagasy Ariary = 5.005 Canadian Dollar
26950 Malagasy Ariary = 10.011 Canadian Dollar
Exchange Malagasy Ariary to Canadian Dollar
2695 Malagasy Ariary to Canadian 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.

2695 MGA to CAD exchange rates news

This powerful essay about a painful childhood memory got a student into 14 colleges including Harvard, Stanford, and Princeton

A Harvard graduate shared her powerful admissions essay on bullying.

about 2 months conditional negative
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.

about 2 months indicative positive
Dollar Rain for Madagascar Players After First Ever AFCON Qualification
Dollar Rain for Madagascar Players After First Ever AFCON Qualification

Madagascar has rewarded the country's footballers as they qualifyied for first Africa Cup of Nations finals in Cameroon in 1-0 win over Equatorial Guinea.

2 months indicative neutral
Rich in Agriculture, Madagascar Suffers from Extreme Malnutrition - Madagascar

English News and Press Release on Madagascar about Disaster Management, Food and Nutrition, Children, Women, Drought and more; published on 24 Oct 2018 by IPS

2 months indicative positive
On the Moonshine Trail in Madagascar
On the Moonshine Trail in Madagascar

An inebriated journey to the heart of an off-the-books industry.

10 months indicative negative
Transferring money to Philippines from Canada | Philippine Canadian Inquirer
Transferring money to Philippines from Canada | Philippine Canadian Inquirer

Transfer of funds between countries. A struggle we all know all too well, but seems like wherever we turn our head, there are more fees lurking in the...

6 days indicative neutral
Jamaican dollar dips more than $1 against US in a day

The Jamaican dollar depreciated by $1.08 against the US dollar on Thursday, according to the trading summary from the Bank of Jamaica (BOJ). It closed at $130.65 again

6 days indicative negative
Jamaican dollar declines 10 cents vs greenback

The Jamaican dollar devalued by 10 cents against the United States dollar during Wednesday’s trading, according to the trading summary from the Bank of Jamaica (BOJ)

7 days indicative negative
Jamaican dollar closes at $129.47

The Jamaican dollar devalued by 42 cents against the US dollar during Tuesday’s trading day according to the trading summary from the Bank of Jamaica (BOJ). The Jamaic

8 days indicative negative

2695 MGA to CAD currency converter