Malagasy Ariary

The Malagasy Ariary increased to 2397.11 in April from 2378.03 in March of 2014. Malagasy Ariary averaged 1568.06 from 1994 until 2014, reaching an all time high of 2397.11 in April of 2014 and a record low of 665 in January of 1996. The USDMGA spot exchange rate specifies how much one currency is currently worth in terms of the other. While the USDMGA spot exchange rate is quoted and exchanged in the same day, the USDMGA forward rate is quoted today but for delivery and payment on a specific future date. This page provides - Malagasy Ariary - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-17

Actual Previous Highest Lowest Forecast Dates Unit Frequency
2397.11 2378.03 2397.11 665.00 2358.00 | 2014/05 1994 - 2014 Daily

TO

Malagasy Ariary
LIST BY COUNTRY

Markets Last Previous Highest Lowest Forecast Unit
Currency 2397.11 2014-04-16 2378.03 2397.11 665.00 2358.00 2014-05-31 [+]
[+]


Currency | Notes
An exchange rate is the current market price for which one currency can be exchanged for another. For instance, if the Euro exchange rate for the United States Dollar stands at 1.3, this means that 1 euro can be exchanged for 1.3 U.S. dollars. Because exchange rates play such an important role in a country's competiveness level, currency exchange rates are among the most analysed and forecasted indicators in the world. The exchange rate is determined by the level of supply and demand on the international markets. However, changes in foreign exchange market rates are often difficult to understand and to predict because the market is very large and volatile. In fact, the currency markets are the most liquid in the world with a daily turnover of close to $2 trillion, which compares to $500 billion for the US government bond market and $70 billion on the New York Stock Exchange.


RELATED NEWS

Madagascar Car Registrations at 964.00 Cars  
Car Registrations in Madagascar decreased to 964 Cars in December of 2013 from 1323 Cars in November of 2013. Car Registrations in Madagascar is reported by the Institut National de la Statistique de Madagascar.
Madagascar Interest Rate at 9.50 Percent  
The benchmark interest rate in Madagascar was last recorded at 9.50 percent. Interest Rate in Madagascar is reported by the Central Bank of Madagascar.
Madagascar Inflation Rate at 6.10 Percent  
The inflation rate in Madagascar was recorded at 6.10 percent in February of 2014. Inflation Rate in Madagascar is reported by the Institut National de la Statistique de Madagascar.
Madagascar Personal Income Tax Rate at 20.00 percent  
The Personal Income Tax Rate in Madagascar stands at 20 percent. Personal Income Tax Rate in Madagascar is reported by the General Direction of Taxes.
Madagascar Government Debt To GDP at 29.50 Percent  
Madagascar recorded a Government Debt to GDP of 29.50 percent of the country's Gross Domestic Product in 2012. Government Debt To GDP in Madagascar is reported by the Central Bank of Madagascar.
Madagascar GDP Annual Growth Rate at 1.90 Percent  
The Gross Domestic Product (GDP) in Madagascar expanded 1.90 percent in 2012 from the previous year. GDP Annual Growth Rate in Madagascar is reported by the Institut National de la Statistique de Madagascar.
Madagascar Current Account to GDP at -8.30 Percent  
Madagascar recorded a Current Account deficit of 8.30 percent of the country's Gross Domestic Product in 2012. Current Account to GDP in Madagascar is reported by the Central Bank of Madagascar.
Madagascar Corporate Tax Rate at 20.00 percent  
The Corporate Tax Rate in Madagascar stands at 20 percent. Corporate Tax Rate in Madagascar is reported by the General Direction of Taxes.
Madagascar Sales Tax Rate at 20.00 Percent  
The Sales Tax Rate in Madagascar stands at 20 percent. Sales Tax Rate in Madagascar is reported by the General Direction of Taxes.
Madagascar Balance of Trade at -361806.00 million MGA  
Madagascar recorded a trade deficit of 361806 million MGA in September of 2013. Balance of Trade in Madagascar is reported by the Institut National de la Statistique de Madagascar.
MORE RELATED NEWS

LATEST NEWS

Russia Unemployment Drops in March  
Russian jobless rate fell for the first time in four months to 5.4 percent, after remaining stable at 5.6 percent in the previous two months.
Canada Inflation Rises Above Forecasts in March  
The annual consumer prices in Canada accelerated to 1.5 percent in March of 2014 following a 1.1 increase in the previous month, as energy prices surged.
US Jobless Claims Rise Slightly  
In the week ending April 12, the advance figure for seasonally adjusted initial claims was 304,000, an increase of 2,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 300,000 to 302,000. There were no special factors impacting this week's initial claims.
Brazil Unemployment Rate Down to 5%  
In March of 2014, Brazil’s jobless rate fell by 0.1 percentage point to 5 percent, below market forecasts. A year earlier, unemployment reached 5.7 percent.
Dutch Unemployment Rate Falls for the First Time in 2014  
In March of 2014, Netherlands’ seasonally adjusted jobless rate fell to 8.7 percent from 8.8 percent in the previous month and 8.1 percent a year earlier, as more people left permanently the labor market rather than found jobs.
Singaporean Trade Surplus Narrows Sharply in March  
The trade surplus decreased 51.1 percent in March of 2014 over a year earlier and 47.2 percent from February to SGD 2.3 billion. Imports rose at a faster pace than exports, as sales of pharmaceuticals and electronics fell, while shipments of petrochemicals and re-exports contributed to overall increase.
Mozambique Leaves Lending Rate Steady at 8.25%  
At its April 16th, 2014 meeting, Bank of Mozambique left its benchmark interest rate unchanged at 8.25 percent for the sixth consecutive meeting, saying this was consistent with meeting domestic economic targets for 2014.
Spanish Trade Deficit Narrows to 4-Month Low  
In February of 2014, Spanish trade gap decreased to € 1.62 billion, down from € 2.82 billion in the previous month. Compared with the same month a year earlier, the trade deficit widened 37 percent.
Angolan Inflation Rate Down To 7.32% in March  
The annual consumer prices in Angola decelerated for the second consecutive month to 7.32 percent in March of 2014, from 7.48 percent recorded in February of 2014.
Russia GDP Growth Slows Sharply in Q1  
Russian economy advanced an annual 0.8 percent in the first quarter of 2014, well below the 2 percent expansion recorded in the previous three-month period, Russia's Economy Minister Alexei Ulyukayev said addressing the parliament.
MORE TOP NEWS

OVERVIEW    |     WORLBANK    |     [+] Calendar    |     [+] Countries    |     [+] Indicators    |     News