Currency exchange rate Malagasy Ariary against the SAFE. Chart, history price and prediction on tomorrow, next month, 2024 year

On this page, you can always find detailed information about the Malagasy Ariary currency exchange rate against the SAFE currency:
currency exchange rate history, background information, prediction and more about MGA/SAFE

Chart of History of changes in the MGA/SAFE exchange rate

MGA/SAFE exchange rate on today

06 04, 2024
1 MGA = 0.00249598 SAFE
▲ 0.43 %

This page provides information about the currency pair Malagasy Ariary/SAFE, and more precisely about how much 1 Malagasy Ariary costs in SAFE.

Data on the currency pair MGA/SAFE are presented by the world's leading exchanges and Central banks of the countries that issue these currencies. We constantly update this data so that you get only the most up-to-date information about the currency pair MGA/SAFE and make a balanced decision about buying and selling the currency you are interested in.

The page also provides information about the dynamics of the exchange rate of Malagasy Ariary/SAFE, statistics and prediction of the exchange rate of these currencies in the near future from our experts.

How to make a forecast for currencies and cryptocurrencies?

There are several approaches to forecasting the exchange rate of currencies and cryptocurrencies:

  1. Fundamental analysis: This approach involves analyzing economic and financial data to determine the intrinsic value of a currency or cryptocurrency. This can include factors such as interest rates, inflation rates, economic growth, political stability, and fiscal policy. Based on this analysis, investors can make predictions about the future exchange rate.

  2. Technical analysis: This approach involves analyzing past market data, such as price and volume, to identify patterns and trends that can be used to predict future market movements. Technical analysis can be used to identify support and resistance levels, momentum indicators, and other factors that can influence the exchange rate.

  3. Sentiment analysis: This approach involves analyzing market sentiment and investor behavior to predict future market movements. Sentiment analysis can include monitoring social media, news articles, and other sources of market sentiment to gauge investor sentiment and predict market movements.

  4. Machine learning: This approach involves using statistical models and machine learning algorithms to analyze vast amounts of market data and make predictions about future market movements. Machine learning can be used to identify patterns and relationships in market data that might not be visible to the human eye.

In summary, there are several approaches to forecasting the exchange rate of currencies and cryptocurrencies, including fundamental analysis, technical analysis, sentiment analysis, and machine learning. Each approach has its strengths and weaknesses, and investors may use a combination of approaches to make more accurate predictions about future market movements.

Change in the MGA/SAFE exchange rate over the past 30 days

For the last 30 days (05 06, 2024 — 06 04, 2024) the Malagasy Ariary exchange rate against the SAFE currency changed by 9.21% (0.00228547 SAFE — 0.00249598 SAFE)

Change in the MGA/SAFE exchange rate over the past 90 days

For the last 90 days (03 07, 2024 — 06 04, 2024) the Malagasy Ariary exchange rate against the SAFE currency changed by 10.71% (0.00225443 SAFE — 0.00249598 SAFE)

Change in the MGA/SAFE exchange rate over the past 365 days

For the last 365 days (06 18, 2023 — 06 04, 2024) the Malagasy Ariary exchange rate against the SAFE currency changed by -41.24% (0.00424756 SAFE — 0.00249598 SAFE)

Change in the MGA/SAFE exchange rate for all time

For all the time our site has been running (04 10, 2020 — 06 04, 2024) the Malagasy Ariary exchange rate against the SAFE currency changed by 259.11% (0.00069504 SAFE — 0.00249598 SAFE)

Malagasy Ariary/SAFE price prediction

Malagasy Ariary/SAFE price prediction for the next 30 days*

05/06 0.00109346 SAFE ▼ -56.19 %
06/06 0.0011991 SAFE ▲ 9.66 %
07/06 0.00104414 SAFE ▼ -12.92 %
08/06 0.00095882 SAFE ▼ -8.17 %
09/06 0.00087265 SAFE ▼ -8.99 %
10/06 0.00094738 SAFE ▲ 8.56 %
11/06 0.00098989 SAFE ▲ 4.49 %
12/06 0.00106501 SAFE ▲ 7.59 %
13/06 0.00118839 SAFE ▲ 11.59 %
14/06 0.00120184 SAFE ▲ 1.13 %
15/06 0.00139445 SAFE ▲ 16.03 %
16/06 0.00133755 SAFE ▼ -4.08 %
17/06 0.00084187 SAFE ▼ -37.06 %
18/06 0.00084404 SAFE ▲ 0.26 %
19/06 0.00106747 SAFE ▲ 26.47 %
20/06 0.00101918 SAFE ▼ -4.52 %
21/06 0.00099372 SAFE ▼ -2.5 %
22/06 0.00088143 SAFE ▼ -11.3 %
23/06 0.0009619 SAFE ▲ 9.13 %
24/06 0.00063447 SAFE ▼ -34.04 %
25/06 0.00057149 SAFE ▼ -9.93 %
26/06 0.00051716 SAFE ▼ -9.51 %
27/06 0.00047066 SAFE ▼ -8.99 %
28/06 0.00053004 SAFE ▲ 12.62 %
29/06 0.00063143 SAFE ▲ 19.13 %
30/06 0.00060436 SAFE ▼ -4.29 %
01/07 0.00057131 SAFE ▼ -5.47 %
02/07 0.00049299 SAFE ▼ -13.71 %
03/07 0.00049844 SAFE ▲ 1.11 %
04/07 0.00006239 SAFE ▼ -87.48 %

* — Price prediction of the Malagasy Ariary/SAFE currency pair are compiled by our specialists based on statistical data, global trends and major business news. Price prediction for 30 days, 3 months, and a year are made by different experts and may have slight differences.

Malagasy Ariary/SAFE price prediction for the next 3 months*

10/06 — 16/06 0.0025078 SAFE ▲ 0.47 %
17/06 — 23/06 0.00247103 SAFE ▼ -1.47 %
24/06 — 30/06 0.00192229 SAFE ▼ -22.21 %
01/07 — 07/07 0.00225731 SAFE ▲ 17.43 %
08/07 — 14/07 0.00235701 SAFE ▲ 4.42 %
15/07 — 21/07 0.00570114 SAFE ▲ 141.88 %
22/07 — 28/07 0.00231785 SAFE ▼ -59.34 %
29/07 — 04/08 0.00241993 SAFE ▲ 4.4 %
05/08 — 11/08 0.00235512 SAFE ▼ -2.68 %
12/08 — 18/08 0.0012196 SAFE ▼ -48.22 %
19/08 — 25/08 0.00123417 SAFE ▲ 1.2 %
26/08 — 01/09 -0.00000347 SAFE ▼ -100.28 %

Malagasy Ariary/SAFE price prediction for the next year*

07/2024 0.00263592 SAFE ▲ 5.61 %
08/2024 0.00246006 SAFE ▼ -6.67 %
09/2024 0.00239933 SAFE ▼ -2.47 %
10/2024 0.00174675 SAFE ▼ -27.2 %
11/2024 0.00135803 SAFE ▼ -22.25 %
12/2024 0.00107955 SAFE ▼ -20.51 %
12/2024 0.00095192 SAFE ▼ -11.82 %
01/2025 0.00164705 SAFE ▲ 73.02 %
03/2025 0.00126594 SAFE ▼ -23.14 %
03/2025 0.00144873 SAFE ▲ 14.44 %
04/2025 0.00060804 SAFE ▼ -58.03 %
05/2025 -0.00017138 SAFE ▼ -128.19 %

Malagasy Ariary/SAFE exchange rate statistics

For 30 days
Minimum 0.00193508 SAFE
Maximum 0.00263084 SAFE
Weighted Average 0.00199158 SAFE
For 90 days
Minimum 0.00186952 SAFE
Maximum 0.00263084 SAFE
Weighted Average 0.00226134 SAFE
For 365 days
Minimum 0.00019351 SAFE
Maximum 0.01070902 SAFE
Weighted Average 0.00320412 SAFE

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Our expert

All forecasts on our website are made by our professional financial experts. Here are just a few of them:

Anthony Carter Anthony Carter CEO, lead analyst
David Bailey David Bailey Managing Director, Director of research Department
Anthony Glenn Anthony Glenn Deputy head of analytical Department
Joseph Hensley Joseph Hensley Senior analyst, markets and equities Department