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Currency converter, cost of life in Madagascar


The monetary unit is the Madagascar Ariary (MGA).


Many Malagasy people, including young people still rely Francs. 1 ARIARY = 5 FRANCS.


Make sure in what currency the price is expressed.


60% of the population is underemployed. You can not get a decent monthly income as the poverty is extreme and that everyone has a minimum ceiling corresponding to their needs.


Some say it takes at least 1 million Ariary per month (€ 370), while others think that it only takes 200,000 Ariary (75 €). It depends on their requirement in terms of housing, food, children's schooling and health. However, we can say that a decent income is about 600,000 Ariary (225 €) per month including only basic expenses.


If your beloved asks you to help her financially, do not be surprised. She will be forced to go to a cyber and pay to talk with you. Malagasy are honest and poor, never forget it.


Malagasy Ariary converter


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