Malagasy Ariary is the currency used in Madagascar. The currency code is MGA. Exchange rates listed in above table are for the date of 12/21/2024. Please note that these exchange rates are based on inter-banking exchange rates captured daily at 13.15 GMT. Inter-banking exchange rates are the real exchange rates used by banks for currency exchange transactions. These rates may be different from the exchange rates listed by the Central Bank in Madagascar, rates that are listed as references.