USD/MGA
Market Open
14 Jun, 21:00
Ar
4,215. 80
+86.264495
+2.089%
Ar
1 Volume
Ar 4,129.536118
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USDMGA Overview
USDMGA denotes the exchange rate between the United States dollar and the Malagasy ariary, expressing how many ariary are required to purchase one US dollar. It reflects the relative value of USD versus MGA in foreign exchange markets and over-the-counter transactions.
The United States dollar (USD) is the official currency of the United States and a dominant unit of account in global finance. The currency is issued and regulated by the Federal Reserve System, which implements monetary policy and manages the supply of dollars.
The Malagasy ariary (MGA) is the official currency of the Republic of Madagascar. Managed by the Banque Centrale de Madagascar, the ariary functions as the unit of account and medium of exchange within Madagascar’s domestic economy.
Rates for USDMGA are determined by supply and demand in FX markets and are influenced by interest rate differentials, inflation trends, and central bank policy decisions in both countries. Additional drivers include balance-of-payments pressures, commodity price shifts, political developments and broader investor risk sentiment.
Traders, importers, exporters and investors watch USDMGA for pricing, hedging and valuation purposes; movements in the pair can affect import costs, export competitiveness and the local currency value of foreign holdings.
The United States dollar (USD) is the official currency of the United States and a dominant unit of account in global finance. The currency is issued and regulated by the Federal Reserve System, which implements monetary policy and manages the supply of dollars.
The Malagasy ariary (MGA) is the official currency of the Republic of Madagascar. Managed by the Banque Centrale de Madagascar, the ariary functions as the unit of account and medium of exchange within Madagascar’s domestic economy.
Rates for USDMGA are determined by supply and demand in FX markets and are influenced by interest rate differentials, inflation trends, and central bank policy decisions in both countries. Additional drivers include balance-of-payments pressures, commodity price shifts, political developments and broader investor risk sentiment.
Traders, importers, exporters and investors watch USDMGA for pricing, hedging and valuation purposes; movements in the pair can affect import costs, export competitiveness and the local currency value of foreign holdings.
USDMGA Chart
USDMGA FAQ
What is the current USD/MGA price?
The current rate is Ar4,215.800613, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the USD/MGA rate changed today?
The rate has changed by +86.264495 (+2.089%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was Ar4,129.536118, which serves as a reference point for measuring daily performance.
What does the daily range indicate?
The range shows the lowest and highest levels reached during the current trading session, helping assess volatility.
Why is USD/MGA moving up or down?
Movements in USD/MGA are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (+2.089%) is based on the difference between the current rate and the previous closing rate.
Is USD/MGA trending up or down right now?
If the current rate (Ar4,215.800613) is above the previous close (Ar4,129.536118), it indicates upward movement. If below, it suggests a downward trend.
Where can I track live rates and charts?
You can monitor real-time rates, charts, and key market data for USD/MGA directly on this page.
