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 = 0.987 Canadian Dollar
5390 Malagasy Ariary = 1.974 Canadian Dollar
13475 Malagasy Ariary = 4.936 Canadian Dollar
26950 Malagasy Ariary = 9.871 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

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 (...)

indicative neutral
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 (...)

indicative neutral
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
Les candidats se bousculent à Mahajanga pour la JMJ

Tous les yeux se tournent vers Mahajanga où se déroule la célébration de la 9ème édition des Journées mondiales de la jeunesse catholique à Madagascar. (...)

indicative positive
C$ steadies after hitting 4-month low on oil price slump

updates prices); Canadian dollar near flat against the greenback; Loonie touches its weakest since July 20 at 1.3264; Price of U.S. oil slumps 7.1.

indicative neutral
Canadian dollar steadies after hitting four-month low on oil price...

The Canadian dollar was little changed against the greenback on Tuesday, steadying after it touched the weakest level in nearly four months earlier in the session as a sell-off in oil accelerated.

indicative neutral
USD/CAD - Canadian Dollar Sinking in Oil

The Canadian dollar is caught between a rock and a hard place. The rock is widespread U.S. dollar demand against the major G-10 currencies, and the hard place is falling oil prices. West Texas Intermediate oil prices have dropped 11% in November, and ...

imperative negative

2695 MGA to CAD currency converter