USD to MGA in 2023
Monthly average United States Dollar/Malagasy Ariary exchange rates in 2023, with the year’s high, low and change.
1 United States Dollar in Malagasy Ariary, mid-market. 2023 opened at 4,465.50 and closed at 4,585.10.
USD to MGA Chart, 2023
USD to MGA by Month, 2023
Monthly average, high and low mid-market rates for 1 United States Dollar in Malagasy Ariary during 2023.
| Month | Average | High | Low |
|---|---|---|---|
| January 2023 | 4,403.37 | 4,553.60 | 4,261.00 |
| February 2023 | 4,277.11 | 4,319.88 | 4,261.00 |
| March 2023 | 4,282.46 | 4,332.24 | 4,261.00 |
| April 2023 | 4,378.39 | 4,416.75 | 4,261.00 |
| May 2023 | 4,400.79 | 4,408.41 | 4,393.46 |
| June 2023 | 4,485.79 | 4,553.85 | 4,405.80 |
| July 2023 | 4,517.72 | 4,558.50 | 4,431.02 |
| August 2023 | 4,508.97 | 4,530.00 | 4,458.18 |
| September 2023 | 4,522.58 | 4,549.25 | 4,510.00 |
| October 2023 | 4,529.18 | 4,547.50 | 4,431.02 |
| November 2023 | 4,528.04 | 4,540.50 | 4,431.02 |
| December 2023 | 4,571.21 | 4,585.10 | 4,537.39 |
Source: daily mid-market rates. Averages are over trading days.
USD/MGA in 2023: key facts
In 2023, 1 United States Dollar was worth 4,451.58 MGA on average. The pair opened 2023 at 4,465.50 and closed at 4,585.10 — a change of +2.68%. The 2023 high was 4,585.10 MGA and the low was 4,261.00 MGA, based on 365 trading days of daily mid-market rates.
December had 2023’s highest monthly average at 4,571.21 MGA per USD; February had the lowest, at 4,277.11 MGA.
USD/MGA 2023 FAQ
What was the average USD/MGA rate in 2023?
In 2023, 1 USD was worth 4,451.58 MGA on average, ranging between a low of 4,261.00 and a high of 4,585.10 MGA over the year.
Which month had the USD/MGA rate highest and lowest in 2023?
December had the highest average rate in 2023, at 4,571.21 MGA per USD; February had the lowest, at 4,277.11 MGA.