The ariary Malagasy

The ariary Malagasy
The ariary or Malagasy money is now playing the yoyo on the interbank currency market. After a little appreciation that began to cherish the hope of traders, the currency depreciates again. A relatively large depreciation, especially compared to the euro, which ended in December on a parity of 3489 ariary and currently increasing to 3 532.35 ariary which means a loss of 43.35 ariary in a week. However, the ariary has slightly appreciated compared to the dollar with a parity of 3 202.75 in the late of January against 3 178,46. Currently, a gain of 24.29 ariary in a week.