MGA to USD Exchange Rate History

Yearly and monthly average Malagasy Ariary/United States Dollar rates since 2021, with charts.

MGA to USD Chart

Malagasy Ariary to United States Dollar, 2021–2026
MGA to USD exchange rate history chart, 2021 to 2026.

MGA to USD rate on a specific date

Pick any date back to 2021 to see that day’s mid-market rate. Weekends and holidays use the closest earlier trading day.

MGA to USD Rate by Year

Average, high and low mid-market rates for 1 Malagasy Ariary in United States Dollar, every year since 2021. Click a year for its monthly breakdown.

MGA/USD averaged 0.00023200 USD per MGA in September 2026, unchanged from August. Across 2021–2026 the yearly average has been 0.00023250 USD per MGA, and the biggest single-year move came in 2022, when the rate fell 11.13%.

MGA to USD exchange rate by year since 2021: yearly average, high, low and change.
Year Average High Low Change
2026 0.00023400 0.00024100 0.00022000 +5.02%
2025 0.00022100 0.00023100 0.00021200 +3.68%
2024 0.00022100 0.00022900 0.00021300 −2.19%
2023 0.00022500 0.00023500 0.00021800 −2.61%
2022 0.00024200 0.00025200 0.00022400 −11.13%
2021 0.00025200 0.00025500 0.00025100 −1.32%

Change compares each year’s closing rate with its opening rate. Source: daily mid-market rates. First and last years may be partial.

MGA to USD in 2026 by Month

Monthly average, high and low mid-market rates for 1 Malagasy Ariary in United States Dollar this year, newest first.

MGA to USD exchange rate by month in 2026: monthly average, high and low.
Month Average High Low
September 2026 0.00023200 0.00023300 0.00023100
August 2026 0.00023200 0.00023300 0.00023100
July 2026 0.00023400 0.00023600 0.00023200
June 2026 0.00023800 0.00023900 0.00023600
May 2026 0.00024000 0.00024100 0.00023900
April 2026 0.00024100 0.00024100 0.00023900
March 2026 0.00023600 0.00024100 0.00023200
February 2026 0.00022700 0.00023800 0.00022400
January 2026 0.00022100 0.00022400 0.00022000

See 2026 in detail with a daily chart