MADAGASCAR

(franc = 100 centimes; ariary = 5 francs)

111-MGA

Text Box: 	One of only two circulating currencies in the world with division units not based on a power of ten, each ariary comprises five iraimbilanja. (The other non-decimal currency is the Mauritanian ouguiya.)
	The ariary replaced the previous currency, the Malagasy franc (also known by its French name, the franc malgache) (ISO 4217 MGF), on January 1, 2005. One Malagasy ariary was valued at 5 franc; that is, one iraimbilanja for 1 franc.
Text Box: Import / Export restrictions:
	Foreign currency:
  In: free, must declare
 Out: up to amount imported and declared 
	Local currency:
  In: up to 25 000 MGA (11 USD)
 Out: up to 25 000 MGA (11 USD)

COINS in circulation

NOTES in circulation (2017)

older NOTES (were redeemable till the end of 2009)

older notes (in francs) ??

Oval: to the rates
Madagascar_BFM_20000_ariary_2017.00.00_B339a_PNL_A_22104666_fMadagascar_BFM_20000_ariary_2017.00.00_B339a_PNL_A_22104666_rMadagascar_BFM_10000_ariary_2017.00.00_B338a_PNL_A_44968000_fMadagascar_BFM_10000_ariary_2017.00.00_B338a_PNL_A_44968000_rMadagascar_BFM_5000_ariary_2017.00.00_B337a_PNL_A_10555855_fMadagascar_BFM_5000_ariary_2017.00.00_B337a_PNL_A_10555855_rMadagascar_BFM_2000_ariary_2017.00.00_B336a_PNL_A_09427333_fMadagascar_BFM_2000_ariary_2017.00.00_B336a_PNL_A_09427333_rMadagascar_BFM_1000_ariary_2017.09.18_B335a_PNL_C_20734460_fMadagascar_BFM_1000_ariary_2017.09.18_B335a_PNL_C_20734460_r

MGA 20 000 (2017)

MGA 10 000 (2017)

MGA 5 000 (2017)

MGA 2 000 (2017)

MGA 1 000 (2017)

MGA 500 (2017)

MGA 200 (2017)

MGA 100 (2017)

MGA 10 000 (2003)

MGA 5 000 (2003)

MGA 2 000 (2003)

MGA 1 000 (2003)

MGA 500 (2003)

MGA 200 (2003)

MGA 100 (2003)

 

NOTES and COINS we buy

buy / sell

% fixing

Valid till:

Notes

MGA 20 000, 10 000, 5 000, 2 000, 1 000, 500, 200, 100 (2017)

xx / xx %

in circulation

 

MGA 10 000, 5 000, 2 000, 1 000, 500, 200, 100 (2003-4)

xx / xx %

in circulation

 

Fmg 5 000 (1 000 MGA), 2 500 (500MGA), 1000 (200), 500 (100)

??

??

 

25 000 francs ( = 5 000 MGA), 10 000 francs (=2 000 MGA) no more redeemable !!

νε

31.12.2009

 

(2003 : 1ariary = 5 francs)

 

 

Coins

ariary 50, 20, 10, 5, 2, 1 (1996+)

xx / xx % 

in circulation

 

 

 

 

Area

(sq km)

Population (2005)

Language/Ethnicity

Ethnicity / Religion

Life duration

GDP per capita

(world position)

587 040

18 595 469

Malagasy

indigenous beliefs 52 %

male 54.57

 

Antananarivo 1 390 800

French

Christian 41 %

female 59.4

2005 : 900 (214)

 

(both official)

Islam 7 %

 

 

USD/MGA(120 days)

latest (Apr 3)

lowest (Nov 1)

highest (Mar 24)

2202

2055

2205

50 ariary (1996+)

20 ariary (1994+)

10 ariary (1999)

5 ariary (1996+)

2 ariary (2003)

1 ariary (2002)

francs 25 000 (5 000 MGA,1998)

francs 10 000 (2 000 MGA,1995)

fmg5000=1000 MGA(95)(155*76mm)

fmg2500=500 MGA(98)(146*76mm)

fmg1000=200 MGA(94)(137*76mm)

fmg500=100 MGA(1994)(128*76mm)