What currency is used in Madagascar?
Posted on Oct 21, 2025 / Finance
Madagascar uses the Malagasy ariary, written as MGA. It has been the official currency since 2005, replacing the Malagasy franc. Banknotes feature national leaders, cultural symbols, and local wildlife. Cash is widely used, though cards are mostly accepted in larger cities like Antananarivo. Coins are also used for smaller amounts. The ariary’s value can fluctuate with economic conditions, but it remains central to daily life. The Malagasy ariary reflects Madagascar’s unique culture and economy.
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