Ariary (MGA; symbol Ar) = 5 iraimbilanja. Notes are in denominations of Ar10,000, 5,000, 2,000, 1,000, 500, 200 and 100. Coins are in denominations of Ar50, 20, 10, 5, 2, 1, and 2, 1 iraimbilanja.
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Currency of Madagascar
03/08/2019
Note: Malagasy Francs are no longer accepted.
Credit cards:
American Express, Diners Club, MasterCard and Visa are accepted at top-end hotels in Tana and the provincial capitals. However, outside of the main cities cash is king.
ATM:
ATMs can be found in and around the capital and in some of the larger towns. However, many of these only take visa; the daily withdrawal limit is 400,000Ar.
Travellers cheques:
These can be exchanged in banks and major hotels. Traveller's cheques in Euros or US Dollars are advisable to avoid additional exchange rate charges.
Banking hours:
Mon-Fri 0800-1100 and 1400-1600.