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Currency of Madagascar


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.


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.


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.