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Madagascar

Madagascar Currency

The official currency is the Malagasy Ariary (MGA), which has been reintroduced to replace the Malagasy Franc. Coins and notes display both currencies, but newer notes display the Ariary more prominently than the Franc. One Ariary is equal to five Francs. Foreign currencies can be exchanged at banks and official bureaux de change, but the Ariary cannot be changed back into hard currency. Some banks will only accept US Dollars or Euros. ATMs are available in Antananarivo. Most major credit cards are starting to be accepted in top hotels and major travel agencies in the capital and other major towns, but have limited usage elsewhere.

Travel Guide powered by Word Travels, copyright © 2023 Globe Media Ltd. By its very nature information in this travel guide is subject to change at short notice and travellers are urged to verify information on which they're relying with the relevant authorities. Neither Globe Media Ltd nor Travel Vogue can accept any responsibility for any loss or inconvenience to any person as a result of information contained above.

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