CNY to MGA in 2023
Monthly average Chinese Yuan/Malagasy Ariary exchange rates in 2023, with the year’s high, low and change.
1 Chinese Yuan in Malagasy Ariary, mid-market. 2023 opened at 647.31 and closed at 645.78.
CNY to MGA Chart, 2023
CNY to MGA by Month, 2023
Monthly average, high and low mid-market rates for 1 Chinese Yuan in Malagasy Ariary during 2023.
| Month | Average | High | Low |
|---|---|---|---|
| January 2023 | 647.89 | 673.46 | 628.05 |
| February 2023 | 625.60 | 634.39 | 612.54 |
| March 2023 | 621.13 | 630.43 | 611.80 |
| April 2023 | 635.91 | 642.15 | 619.49 |
| May 2023 | 630.35 | 637.27 | 622.24 |
| June 2023 | 627.42 | 635.30 | 617.99 |
| July 2023 | 628.10 | 635.27 | 617.82 |
| August 2023 | 622.39 | 631.41 | 614.50 |
| September 2023 | 619.90 | 623.06 | 614.45 |
| October 2023 | 619.75 | 622.82 | 606.50 |
| November 2023 | 626.07 | 636.63 | 607.88 |
| December 2023 | 640.32 | 645.78 | 633.17 |
Source: daily mid-market rates. Averages are over trading days.
CNY/MGA in 2023: key facts
In 2023, 1 Chinese Yuan was worth 628.78 MGA on average. The pair opened 2023 at 647.31 and closed at 645.78 — a change of −0.24%. The 2023 high was 673.46 MGA and the low was 606.50 MGA, based on 365 trading days of daily mid-market rates.
January had 2023’s highest monthly average at 647.89 MGA per CNY; October had the lowest, at 619.75 MGA.
CNY/MGA 2023 FAQ
What was the average CNY/MGA rate in 2023?
In 2023, 1 CNY was worth 628.78 MGA on average, ranging between a low of 606.50 and a high of 673.46 MGA over the year.
Which month had the CNY/MGA rate highest and lowest in 2023?
January had the highest average rate in 2023, at 647.89 MGA per CNY; October had the lowest, at 619.75 MGA.