
What is an exchange rate? A simple guide with examples
Understand what an exchange rate means, how to read USD/EUR and why a larger number is not always a better deal.
Read guide →DAILY REFERENCE EXCHANGE RATES
1 USD is approximately 4,566.13 MGA at the reference rate dated 2026-11-02.
| Date | 1 USD in MGA |
|---|---|
| 2026-11-02 | 4,566.13 |
| 2026-11-01 | 4,535.61 |
| 2026-10-30 | 4,536.28 |
| 2026-10-29 | 4,547.6 |
| 2026-10-28 | 4,578.18 |
| 2026-10-27 | 4,570.42 |
| 2026-10-26 | 4,588.01 |
Missing days are not presented as new observations. The chart uses locally stored daily reference data.
Multiply the amount in USD by the rate:
1 × 4,566.13 = 4,566.13 MGA
The reverse reference rate is approximately 0.000219 USD for 1 MGA.
It is a daily reference value from Frankfurter, not a live buy or sell offer. For cross-rates we use observations from the same date.
No. Check the final quote from your bank, card provider or transfer service.
Publication schedules, weekends and gaps differ by currency. A cross-rate uses the latest date shared by both currencies.
Read the methodology →Reference rate dated 2026-11-02. Fees are excluded.
1 USD is approximately 4,566.13 MGA using the daily reference rate dated 2026-11-02. This estimate excludes fees.
Multiply the amount in United States Dollar (USD) by 4,566.13. For example, 1 × 4,566.13 = 4,566.13 MGA.
No. CurrencyCalc calculates reference values. It does not exchange money or process payments. Compare the final rate, spread and fees with your bank or transfer provider.
About United States Dollar (USD) · About Malagasy Ariary (MGA)

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