USD to MGA Exchange Rate History
Yearly and monthly average United States Dollar/Malagasy Ariary rates since 2021, with charts.
USD to MGA Chart
USD to MGA 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.
USD to MGA Rate by Year
Average, high and low mid-market rates for 1 United States Dollar in Malagasy Ariary, every year since 2021. Click a year for its monthly breakdown.
USD/MGA averaged 4,313.87 MGA per USD in September 2026, up 0.18% from August. Across 2021–2026 the yearly average has been 4315.91 MGA per USD, and the biggest single-year move came in 2022, when the rate rose 12.52%.
| Year | Average | High | Low | Change |
|---|---|---|---|---|
| 2026 | 4,284.54 | 4,549.63 | 4,141.55 | −4.78% |
| 2025 | 4,523.54 | 4,719.09 | 4,328.48 | −3.55% |
| 2024 | 4,528.80 | 4,687.77 | 4,360.17 | +2.24% |
| 2023 | 4,451.58 | 4,585.10 | 4,261.00 | +2.68% |
| 2022 | 4,138.45 | 4,465.50 | 3,962.39 | +12.52% |
| 2021 | 3,968.56 | 3,990.00 | 3,918.50 | +1.34% |
Change compares each year’s closing rate with its opening rate. Source: daily mid-market rates. First and last years may be partial.
USD to MGA in 2026 by Month
Monthly average, high and low mid-market rates for 1 United States Dollar in Malagasy Ariary this year, newest first.
| Month | Average | High | Low |
|---|---|---|---|
| September 2026 | 4,313.87 | 4,326.32 | 4,285.26 |
| August 2026 | 4,305.99 | 4,321.26 | 4,288.98 |
| July 2026 | 4,278.66 | 4,307.59 | 4,240.57 |
| June 2026 | 4,203.43 | 4,238.26 | 4,183.30 |
| May 2026 | 4,167.83 | 4,188.37 | 4,150.82 |
| April 2026 | 4,155.63 | 4,183.03 | 4,142.08 |
| March 2026 | 4,231.35 | 4,305.35 | 4,141.55 |
| February 2026 | 4,401.19 | 4,468.23 | 4,207.45 |
| January 2026 | 4,527.31 | 4,549.63 | 4,457.91 |
More USD/MGA tools
- Convert USD to MGA at today’s rate
- MGA to USD exchange rate history
- About the USD — profile & facts
- About the MGA
- Printable USD/MGA cheat sheet
- USD to EUR exchange rate history
- USD to GBP exchange rate history
- USD to JPY exchange rate history
- USD to CHF exchange rate history
- USD to CAD exchange rate history
- USD to AUD exchange rate history
- USD to CNY exchange rate history
USD/MGA history FAQ
When was the USD to MGA exchange rate at its highest?
Based on daily mid-market data since 2021, the USD/MGA rate peaked in 2025 at 4,719.09 MGA per 1 USD. Its lowest point came in 2021, at 3,918.50 MGA.
What was the average USD to MGA exchange rate in 2025?
In 2025, 1 USD was worth 4,523.54 MGA on average, ranging between a low of 4,328.48 and a high of 4,719.09 MGA over the year.
How far back does this USD/MGA history go?
The chart and tables cover 2021 to 2026, built from daily mid-market rates. Yearly and monthly figures are averages, highs and lows of those daily mid-market rates.