CHF to MGA Exchange Rate - Convert Swiss Franc to Malagasy ariary

Converting from Swiss Franc (CHF) to Malagasy Ariary (MGA)

What is Swiss Franc (CHF)

The Swiss Franc, abbreviated as CHF, is the official currency of Switzerland and Liechtenstein. It is often considered a safe-haven currency due to Switzerland's stable economy, political neutrality, and low inflation rates. The Swiss Franc is recognized by its symbol "Fr" or "SFr" and is subdivided into 100 centimes (or "rappen" in German). As one of the strongest currencies globally, the Swiss Franc is often used as a benchmark in international financial markets.

Due to Switzerland's robust banking system and strict privacy laws, many investors view the CHF as a secure store of value. It is also widely accepted in global transactions, making it a popular choice for foreign exchange trading. The demand for Swiss Franc often increases during periods of geopolitical instability, as individuals and businesses seek stability and security for their investments.

What is Malagasy Ariary (MGA)

The Malagasy Ariary, indicated by the symbol MGA, is the official currency of Madagascar. Introduced in 2005, the Ariary replaced the old Malagasy Franc at a rate of 1 Ariary = 5 Malagasy Francs. The Ariary is unique in being one of the few currencies in the world that is subdivided into 5 units, known as "iraimbilanja," with both coins and banknotes in circulation.

As an emerging market currency, the Malagasy Ariary is influenced by various factors, including Madagascar’s economic performance, trade balances, and inflation rates. The economy of Madagascar primarily relies on agriculture, mining, and tourism. While the Ariary does not have the same level of international recognition as more established currencies, it plays a crucial role in the daily transactions of Madagascar's economy.

When converting currencies, it is important to understand the current exchange rate, which fluctuates based on market conditions. For instance, if you wanted to convert CHF to MGA, you would need to check the prevailing rate to determine how many Ariary you would receive for your Swiss Francs.

Conclusion

Converting between the Swiss Franc (CHF) and the Malagasy Ariary (MGA) involves understanding the characteristics and values of each currency. The CHF is known for its stability and strength in the global market, while the MGA represents a growing economy with unique regional significance. Whether for travel, investment, or trade, knowing how to convert CHF to MGA can facilitate smoother transactions between Switzerland and Madagascar. Be sure to check official currency converters or financial institutions to get the most accurate and up-to-date exchange rates when making your conversions.

Swiss Franc to Malagasy ariary conversion table

CHF to MGA conversion table

Swiss Franc (CHF)Malagasy ariary (MGA)
1 CHF5 441.52095593533 MGA
2 CHF10 883.04191187065 MGA
3 CHF16 324.56286780598 MGA
4 CHF21 766.0838237413 MGA
5 CHF27 207.60477967663 MGA
6 CHF32 649.12573561195 MGA
7 CHF38 090.64669154728 MGA
8 CHF43 532.16764748261 MGA
9 CHF48 973.68860341793 MGA
10 CHF54 415.20955935326 MGA
100 CHF544 152.09559353258 MGA
200 CHF1 088 304.19118706517 MGA
300 CHF1 632 456.28678059775 MGA
400 CHF2 176 608.38237413033 MGA
500 CHF2 720 760.47796766291 MGA
600 CHF3 264 912.5735611955 MGA
700 CHF3 809 064.66915472808 MGA
800 CHF4 353 216.76474826066 MGA
900 CHF4 897 368.86034179325 MGA
1 000 CHF5 441 520.95593532583 MGA
2 000 CHF10 883 041.91187065166 MGA
5 000 CHF27 207 604.77967662914 MGA
10 000 CHF54 415 209.55935325829 MGA
20 000 CHF108 830 419.11870651657 MGA
50 000 CHF272 076 047.79676629143 MGA
100 000 CHF544 152 095.59353258285 MGA
Last updated June 10, 2025 at 11:55 PM