Travelling to Madagascar?

Get the best rates for Madagascan currency online

Prepare for your trip to Madagascar. Buy Malagasy Ariary from Manor FX today for a pocketful of MGA to enjoy. We offer fantastic exchange rates, ensuring you get more for your money. 

You can have your currency for Madagascar delivered securely to your home or office. Prefer to pop in? Simply pick them up at our Manor FX bureau near Heathrow. 

Count on Manor FX for swift delivery and a hassle-free online ordering process for your Malagasy ariary travel money.

Madagascar travel money:

Read up on cash and card payments in Madagascar to ensure you’re well-prepared for your holiday to Madagascar.

Where can I get Madagascar currency?

In the UK, getting Malagasy ariary can be more challenging than commonly traded currencies. 

Here are some options for getting Malagasy Ariary in the UK:

1. Currency Exchange Bureaus. Some larger currency exchange bureaus may have Malagasy ariary available. But it’s less commonly stocked than major currencies like US Dollars or Euros. We always have MGA available, so pop into our bureau de change in Datchet near Heathrow and pick yours up.

2. Order Online. Consider ordering Malagasy ariary online through specialist currency exchange websites (like this one!) We can deliver your currency to your home or work address for maximum convenience.

3. Airports. Currency exchange services are available at major international airports in the UK. However, rates will not be favourable, and exchanging some currency in advance is always better.

4. Specialist Travel Agencies. Some travel agencies specialising in Madagascar travel may offer currency exchange services as part of their packages. Check with these agencies if they can assist you with obtaining Malagasy ariary.

Remember that Malagasy ariary may not be as widely available as major currencies. Plan ahead and check with different providers for the best options. 

Should I exchange money before I travel to Madagascar?

Certainly! It’s a bright idea to exchange some money before your Madagascar trip. This way, you’ll have a pocketful of Malagasy ariary (MGA) for those initial expenses and peace of mind. Here’s why it’s a prudent move:

• Handy for the Start. Having some local currency at your fingertips as you step into a foreign land can make your arrival smoother. It’s ideal for immediate needs like transport, meals, and small purchases.
• Airport Exchange Rates. Rates at airport currency exchanges are less favourable. Exchanging money in advance lets you dodge the less advantageous airport rates.
• Emergency Buffer. Keeping a bit of local currency as a backup can be a lifesaver. Especially in unforeseen situations such as ATMs being temporarily out of order.
• Budget Buddy. With local currency in hand, you can better stick to your budget. It provides a tangible sense of your expenses and helps you manage your spending.
• Time Saver. Arriving with some local currency means you won’t be in a rush to find a currency exchange right after landing. This means you can start your journey more relaxed.
• Remote Adventures. Plan to explore off-the-beaten-path or less touristy areas in Madagascar? You might encounter limited access to ATMs or currency exchange services. In such cases, having local currency in advance becomes particularly valuable.

It’s a wise move to exchange some money ahead of your trip. But there’s no need to convert your entire travel budget beforehand. You can rely on ATMs and local currency exchange services in Madagascar for additional Ariary as needed.

What is the best currency to bring to Madagascar?

The best currency to bring to Madagascar is the Malagasy ariary (MGA), as it is the country’s official currency. It’s the most convenient and widely accepted form of payment for everyday expenses such as shopping, dining, and local transportation.

Both euros and US dollars (USD) are also generally accepted and actually preferred for currency exchange. Here’s some additional information to help you decide which currency to bring:

Euros (EUR):

• Euros are often the preference for currency exchange in Madagascar, especially in major tourist areas and hotels.
• You may find that some businesses quote prices in Euros, particularly for accommodations and tours.
• It’s a good idea to carry Euros if you plan to visit popular tourist destinations.

US dollars (USD):

• US Dollars have wide acceptance and are ideal for larger transactions, such as hotel payments and tour fees.
• They are often a preference in some remote areas and less touristy regions.
• Many businesses accept US Dollars, especially in tourist hubs.

In the end, the choice between euros and US dollars depends on your travel itinerary. It can be advantageous to carry both currencies. This provides flexibility and ensures you have the preferred currency for different situations. 

Either way, having some local currency, Malagasy ariary (MGA), for smaller expenses is essential.

Can I use my bank card in Madagascar?

Yes, you can use your bank card in Madagascar. Many major credit and debit cards, such as Visa and MasterCard, work in larger cities and tourist areas, including hotels, restaurants, and shops. 

However, keep in mind the following:

• You may encounter limited card acceptance in remote or rural parts of Madagascar. Having some cash on hand for such situations is a good idea.
• ATMs in major cities and towns allow you to withdraw Malagasy ariary (MGA) or sometimes even US dollars (USD). Some ATMs may charge withdrawal fees, though. 
• You can withdraw Malagasy ariary from ATMs or exchange foreign currency at local banks and currency exchange bureaus.
• Check with your bank about any international transaction fees or foreign currency conversion fees. It’s a good practice to understand these fees in advance.

A mix of payment methods ensures you have flexibility and can navigate various situations while travelling in Madagascar.

Remember to notify your bank about your travel plans to Madagascar. Suspicious activity can lead to temporary holds or limitations on your account.

Should I use cash in Madagascar?

Yes. We strongly recommend carrying some Malagasy ariary cash when embarking on your journey to Madagascar. Particularly if it’s your first time visiting this beautiful country. 

This allows you to exchange your pounds or euros for ariary outside of Antananarivo International Airport. Reports of fraudulent exchange offices have surfaced there.

Cash holds a pivotal role as a payment method in Madagascar. It’s advisable to procure lower denomination banknotes, as merchants may not always be able to provide change for larger bills. 

Is it better to use cash or credit card in Madagascar?

Both have their place. In Madagascar, we recommend primarily using cash, particularly the local currency, Malagasy ariary (MGA). But credit cards are acceptable in larger cities and tourist areas. 

How much money should I take to Madagascar?

That depends on several factors, including your stay’s duration, travel style, and planned activities. 

Here are some guidelines to help you decide how much money to bring:

Budget travellers (Approximately £30-£50 per day):

• On a tight budget and plan to stay in budget accommodation, eat at local restaurants, and use public transportation? You can aim for around £30-£50 per day. This should cover basic expenses, including meals, transportation, and sightseeing.

Mid-range travellers (Approximately £50-£100 per day):

• Do you prefer more comfortable accommodation, dining at mid-range restaurants, and participating in guided tours? You can budget around £50-£100 per day. This budget allows for a bit more flexibility and additional experiences.

Luxury travellers (Over £100 per day):

• Plan on staying in upscale hotels, dining at fine restaurants, and indulging in various activities and excursions? We recommend a budget of over £100 per day. This allows for a high level of comfort and access to premium services.

Additional Considerations:

• Remember that Madagascar’s remote and less touristy regions may have limited access to ATMs and card payment services. In such areas, having enough cash on hand is crucial.
• Consider carrying a mix of currency. This includes Malagasy ariary (MGA) for daily expenses and some US dollars (USD) or euros (EUR) for larger transactions or emergencies.
• Having a financial buffer for unexpected expenses, such as medical emergencies or unplanned activities, is wise.

Your budget should align with your travel preferences and itinerary. Before your trip, research the cost of accommodations, dining options, and activities. Especially in the specific regions you plan to visit to create a more accurate budget.

How can I avoid ATM fees in Madagascar?

To minimise ATM fees in Madagascar, follow these tips:

1. Look for ATMs that belong to major banks or reputable financial institutions. They often have lower fees compared to independently operated ATMs.
2. You’re more likely to find ATMs with reasonable fees in larger cities and tourist areas. If possible, avoid using ATMs in remote or less touristy regions, as fees may be higher there.
3. Instead of making frequent small withdrawals, withdraw larger amounts of cash less frequently. This reduces the number of times you’re subject to ATM fees.
4. Check with your home bank to see if they have international partner banks in Madagascar. Using these partner ATMs can result in lower or waived fees.
5. Some stores and restaurants in Madagascar may offer cash-back options when making purchases with your debit card. This can help you access cash without additional ATM fees.

How does tipping work in Madagascar?

Tipping customs in Madagascar are not as prevalent or standardised as in some other countries. But it is still a nice gesture in certain situations.

In restaurants, 5-10% is appreciated. For tour guides and drivers, 5-10% of the tour cost is customary. 

At hotels, tipping is optional. Tip porters modestly. Street vendors and local markets usually don’t require tips.

When in remote areas, consider gifts instead of cash. Use the local currency, Malagasy ariary (MGA), for tips.

Is Madagascar a cheap country?

Madagascar can be an affordable travel destination. Accommodation, food, and transportation costs are generally lower than in many Western countries. 

However, expenses can vary depending on your travel style and itinerary. Budget-conscious travellers can explore Madagascar and find affordable options, while those seeking luxury may have higher expenses. 

Overall, Madagascar offers good value for travellers with a range of budgets.

For a coffee in a cafe in the capital city, Antananarivo, you can expect to pay around 5000 MGA (£0.90)

A three-course meal in a mid-range restaurant can cost around 45,000 MGA per person (under £10!)

Madagascar Currency:

Banknotes in Madagascar

There are two types of banknotes circulating in Madagascar.

• The 2017 series 
• And the 2003-2014 series

Both display the value in both Malagasy Ariary and Malagasy francs, the country’s previous currency. 

The Ariary replaced the Franc in 2005 at a rate of 1 Ariary to 5 Francs. It is essential not to accept Malagasy Franc banknotes as they are no longer valid.

The most commonly used banknotes are 100 MGA, 200 MGA, 500 MGA, 1,000 MGA, and 2,000 MGA. Banknotes depict scenes of local culture, nature, and historical figures. They are colourful and vibrant, with security features to prevent counterfeiting. 

Larger denominations like 5,000 MGA and 10,000 MGA are better for more significant transactions. It’s advisable to carry various denominations for your convenience

The Banky Foiben’i Madagasikara, the central bank of Madagascar, issues all current Malagasy ariary banknotes.

Coins in Madagascar

Madagascar’s coins are diverse and come in various denominations. Common coin denominations include 1 MGA, 2 MGA, 5 MGA, 10 MGA, 20 MGA, 50 MGA, and 100 MGA. 

If you encounter franc coins, don’t accept them; they are no longer valid.

These coins are ideal for smaller transactions like buying snacks, paying for local transport, and making change at markets. 

They feature unique designs representing the island’s rich culture and wildlife. It’s advisable to carry a mix of coins and banknotes for convenience in daily transactions.

Madagascar’s currency import and export regulations

Madagascar has currency import and export regulations that travellers should be aware of:

• Currency Export Limit: Travelers can export up to 400,000 Malagasy ariary (MGA) per person without formal documentation.
• Currency Import Limit: Similarly, travellers can import up to 400,000 MGA per person without formal documentation.
• Foreign Currency: It’s advisable to declare amounts exceeding €10,000 or equivalent in other currencies.
• Documentation: If you plan to import or export more significant amounts of currency, it’s wise to have supporting documentation. This is to verify the funds’ source or purpose to avoid any customs issues.

Check with Madagascar’s embassy for any currency import and export regulations updates before your trip.

Ordering Malagasy ariary online

Purchase Malagasy ariary online and enjoy swift and secure delivery to your home or workplace through Royal Mail Special Delivery Guaranteed®. 

Alternatively, you can collect them from our travel money store near Heathrow. Click here to convert GBP to Malagasy ariary.

Selling back Malagasy ariary

If you have Malagasy ariary to sell, please use this link to exchange Malagasy ariary to GBP. 

Click on ‘sell currency’ and choose ‘MGA Malagasy ariary’. We offer competitive rates for your surplus Malagasy Ariary.

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