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

05 27, 2024
1 MGA = 0.00231357 SAFE
▼ -8.89 %

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 (04 28, 2024 — 05 27, 2024) the Malagasy Ariary exchange rate against the SAFE currency changed by 11.25% (0.0020797 SAFE — 0.00231357 SAFE)

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

For the last 90 days (02 28, 2024 — 05 27, 2024) the Malagasy Ariary exchange rate against the SAFE currency changed by -14.54% (0.00270717 SAFE — 0.00231357 SAFE)

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

For the last 365 days (05 29, 2023 — 05 27, 2024) the Malagasy Ariary exchange rate against the SAFE currency changed by -29.07% (0.00326171 SAFE — 0.00231357 SAFE)

Change in the MGA/SAFE exchange rate for all time

For all the time our site has been running (04 10, 2020 — 05 27, 2024) the Malagasy Ariary exchange rate against the SAFE currency changed by 232.87% (0.00069504 SAFE — 0.00231357 SAFE)

Malagasy Ariary/SAFE price prediction

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

28/05 0.00248033 SAFE ▲ 7.21 %
29/05 0.0061527 SAFE ▲ 148.06 %
30/05 0.00656182 SAFE ▲ 6.65 %
31/05 0.00268015 SAFE ▼ -59.16 %
01/06 0.00255488 SAFE ▼ -4.67 %
02/06 0.00258075 SAFE ▲ 1.01 %
03/06 0.00539998 SAFE ▲ 109.24 %
04/06 0.00536074 SAFE ▼ -0.73 %
05/06 0.00272571 SAFE ▼ -49.15 %
06/06 0.00295233 SAFE ▲ 8.31 %
07/06 0.00253224 SAFE ▼ -14.23 %
08/06 0.00238213 SAFE ▼ -5.93 %
09/06 0.00218134 SAFE ▼ -8.43 %
10/06 0.00243927 SAFE ▲ 11.82 %
11/06 0.00257163 SAFE ▲ 5.43 %
12/06 0.00288685 SAFE ▲ 12.26 %
13/06 0.00327649 SAFE ▲ 13.5 %
14/06 0.00332133 SAFE ▲ 1.37 %
15/06 0.00381293 SAFE ▲ 14.8 %
16/06 0.00365275 SAFE ▼ -4.2 %
17/06 0.00253454 SAFE ▼ -30.61 %
18/06 0.00253947 SAFE ▲ 0.19 %
19/06 0.00321134 SAFE ▲ 26.46 %
20/06 0.00313562 SAFE ▼ -2.36 %
21/06 0.00305535 SAFE ▼ -2.56 %
22/06 0.00265314 SAFE ▼ -13.16 %
23/06 0.00283841 SAFE ▲ 6.98 %
24/06 0.00178814 SAFE ▼ -37 %
25/06 0.00154901 SAFE ▼ -13.37 %
26/06 0.00012168 SAFE ▼ -92.14 %

* — 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*

03/06 — 09/06 0.00237761 SAFE ▲ 2.77 %
10/06 — 16/06 0.00258388 SAFE ▲ 8.68 %
17/06 — 23/06 0.00259438 SAFE ▲ 0.41 %
24/06 — 30/06 0.00256208 SAFE ▼ -1.25 %
01/07 — 07/07 0.00205313 SAFE ▼ -19.86 %
08/07 — 14/07 0.00237754 SAFE ▲ 15.8 %
15/07 — 21/07 0.00250083 SAFE ▲ 5.19 %
22/07 — 28/07 0.00566302 SAFE ▲ 126.45 %
29/07 — 04/08 0.00278351 SAFE ▼ -50.85 %
05/08 — 11/08 0.00292025 SAFE ▲ 4.91 %
12/08 — 18/08 0.00285921 SAFE ▼ -2.09 %
19/08 — 25/08 -0.00002674 SAFE ▼ -100.94 %

Malagasy Ariary/SAFE price prediction for the next year*

06/2024 0.00226631 SAFE ▼ -2.04 %
07/2024 0.00270728 SAFE ▲ 19.46 %
08/2024 0.00256271 SAFE ▼ -5.34 %
09/2024 0.00247954 SAFE ▼ -3.25 %
10/2024 0.00128481 SAFE ▼ -48.18 %
11/2024 0.00104954 SAFE ▼ -18.31 %
12/2024 0.00090562 SAFE ▼ -13.71 %
01/2025 0.00083639 SAFE ▼ -7.64 %
02/2025 0.00169894 SAFE ▲ 103.13 %
03/2025 0.00131579 SAFE ▼ -22.55 %
04/2025 0.00147114 SAFE ▲ 11.81 %
05/2025 0.00039397 SAFE ▼ -73.22 %

Malagasy Ariary/SAFE exchange rate statistics

For 30 days
Minimum 0.00193508 SAFE
Maximum 0.00263084 SAFE
Weighted Average 0.00261733 SAFE
For 90 days
Minimum 0.00186952 SAFE
Maximum 0.00326095 SAFE
Weighted Average 0.00235823 SAFE
For 365 days
Minimum 0.00019351 SAFE
Maximum 0.01070902 SAFE
Weighted Average 0.00324673 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