CAD to MGA in 2023
Monthly average Canadian Dollar/Malagasy Ariary exchange rates in 2023, with the year’s high, low and change.
1 Canadian Dollar in Malagasy Ariary, mid-market. 2023 opened at 3,296.79 and closed at 3,460.58.
CAD to MGA Chart, 2023
CAD to MGA by Month, 2023
Monthly average, high and low mid-market rates for 1 Canadian Dollar in Malagasy Ariary during 2023.
| Month | Average | High | Low |
|---|---|---|---|
| January 2023 | 3,279.95 | 3,392.37 | 3,157.11 |
| February 2023 | 3,182.48 | 3,239.26 | 3,133.78 |
| March 2023 | 3,127.32 | 3,203.96 | 3,080.54 |
| April 2023 | 3,246.82 | 3,290.68 | 3,171.21 |
| May 2023 | 3,256.17 | 3,288.16 | 3,226.29 |
| June 2023 | 3,374.53 | 3,455.62 | 3,247.95 |
| July 2023 | 3,414.98 | 3,454.85 | 3,349.98 |
| August 2023 | 3,346.63 | 3,418.09 | 3,307.56 |
| September 2023 | 3,338.55 | 3,375.21 | 3,301.30 |
| October 2023 | 3,305.93 | 3,349.04 | 3,247.60 |
| November 2023 | 3,301.41 | 3,346.29 | 3,211.47 |
| December 2023 | 3,407.62 | 3,469.37 | 3,340.98 |
Source: daily mid-market rates. Averages are over trading days.
CAD/MGA in 2023: key facts
In 2023, 1 Canadian Dollar was worth 3,299.30 MGA on average. The pair opened 2023 at 3,296.79 and closed at 3,460.58 — a change of +4.97%. The 2023 high was 3,469.37 MGA and the low was 3,080.54 MGA, based on 365 trading days of daily mid-market rates.
July had 2023’s highest monthly average at 3,414.98 MGA per CAD; March had the lowest, at 3,127.32 MGA.
CAD/MGA 2023 FAQ
What was the average CAD/MGA rate in 2023?
In 2023, 1 CAD was worth 3,299.30 MGA on average, ranging between a low of 3,080.54 and a high of 3,469.37 MGA over the year.
Which month had the CAD/MGA rate highest and lowest in 2023?
July had the highest average rate in 2023, at 3,414.98 MGA per CAD; March had the lowest, at 3,127.32 MGA.