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.

Norwegian Krone

Norwegian Krone

The krone [ˈkruːnə] (sign: kr; code: NOK), plural kroner, is the currency of Norway and its dependent territories. It is subdivided into 100 øre, which exist only electronically since 2012. The name translates into English as crown. The krone was the thirteenth most traded currency in the world by value in April 2010, down three positions from 2007.

422 Malagasy Ariary to Norwegian Krone exchange rates chart

422 MGA to NOK exchange rates graph
422 MGA to NOK 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.

422 MGA to NOK exchange rates table

Exchange MGA to NOK
422 Malagasy Ariary = 0.991 Norwegian Krone
844 Malagasy Ariary = 1.982 Norwegian Krone
2110 Malagasy Ariary = 4.956 Norwegian Krone
4220 Malagasy Ariary = 9.912 Norwegian Krone
Exchange Malagasy Ariary to Norwegian Krone
422 Malagasy Ariary to Norwegian Krone 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.

422 MGA to NOK 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 (...)

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
Major curriencies down

Uniindia: Mumbai, Nov 13 (UNI) Following were the indicative currency rates and travellers'' cheques buying and selling rates per unit.

indicative neutral
EUR/NOK remains stable so far – Danske Bank

The Norwegian Krone appears stable following recent inflation figures and balanced positioning, noted Mikael Milhoj, Senior Analyst at Danske Bank. Key

conditional positive

422 MGA to NOK currency converter