Madagascar Exchange Rates and Real Effective Exchange Rates
Madagascar MG: DEC Alternative Conversion Factor: per USD
MG: DEC Alternative Conversion Factor: per USD data was reported at 3,116.110 MGA/USD in 2017. This records a decrease from the previous number of 3,176.539 MGA/USD for 2016. MG: DEC Alternative Conversion Factor: per USD data is updated yearly, averaging 290.125 MGA/USD from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 3,176.539 MGA/USD in 2016 and a record low of 42.256 MGA/USD in 1980. MG: DEC Alternative Conversion Factor: per USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Madagascar – Table MG.World Bank.WDI: Exchange Rates and Real Effective Exchange Rates. The DEC alternative conversion factor is the underlying annual exchange rate used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics (line rf). Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.; ; International Monetary Fund, International Financial Statistics, supplemented by World Bank staff estimates.; ; In the WDI database, the DEC alternative conversion factor is used to convert data in local currency units (LCU) into U.S. dollars.
| Last | Frequency | Range |
|---|---|---|
| 3,116.11 2017 | yearly | 1960 - 2017 |
View Madagascar's Madagascar MG: DEC Alternative Conversion Factor: per USD from 1960 to 2017 in the chart:
Madagascar MG: Official Exchange Rate: Average: per USD
MG: Official Exchange Rate: Average: per USD data was reported at 3,116.110 MGA/USD in 2017. This records a decrease from the previous number of 3,176.539 MGA/USD for 2016. MG: Official Exchange Rate: Average: per USD data is updated yearly, averaging 290.125 MGA/USD from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 3,176.539 MGA/USD in 2016 and a record low of 42.256 MGA/USD in 1980. MG: Official Exchange Rate: Average: per USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Madagascar – Table MG.World Bank.WDI: Exchange Rates and Real Effective Exchange Rates. Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).; ; International Monetary Fund, International Financial Statistics.; ;
| Last | Frequency | Range |
|---|---|---|
| 2,206.91 2013 | yearly | 1960 - 2013 |