Set Location and Language

South African Rand South African Rand to Malagasy Ariary | Bank

Live exchange rate for South African Rand to Malagasy Ariary at Bank, Friday, 25.04.2025 05:27

Buy 240.54

Sell 240.54

Change -1.22

Last price yesterday 241.76

The South African Rand (ZAR) is the official currency of South Africa. It was introduced in 1961 when it replaced the South African pound. The Rand is also legal tender in the Common Monetary Area between South Africa, Eswatini, Lesotho, and Namibia.

The Malagasy Ariary (MGA) is the official currency of Madagascar. Introduced in 2005 to replace the Malagasy Franc, it is issued by the Central Bank of Madagascar. The currency plays a vital role in the country's economy and financial stability.