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.

Saudi Arabian Riyal

Saudi Arabian Riyal

The Saudi riyal (Arabic: ريال‎ riyāl); is the currency of Saudi Arabia. It is abbreviated as ر.س or SR (Saudi riyal). It is subdivided into 100 halalas (Arabic: هللة‎ Halalah).

941 Malagasy Ariary to Saudi Arabian Riyal exchange rates chart

941 MGA to SAR exchange rates graph
941 MGA to SAR 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.

941 MGA to SAR exchange rates table

Exchange MGA to SAR
941 Malagasy Ariary = 0.990 Saudi Arabian Riyal
1882 Malagasy Ariary = 1.980 Saudi Arabian Riyal
4705 Malagasy Ariary = 4.951 Saudi Arabian Riyal
9410 Malagasy Ariary = 9.902 Saudi Arabian Riyal
Exchange Malagasy Ariary to Saudi Arabian Riyal
941 Malagasy Ariary to Saudi Arabian Riyal 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.

941 MGA to SAR exchange rates news

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941 MGA to SAR currency converter