Central Bank of Madagascar (BFM) Exchange Rates Today & Official API

Official Central Bank of Madagascar (BFM) rates for 10 Nov 2026: 1 USD = 4569.85 MGA, 1 EUR = 5039.40 MGA. All 19 currencies published, history back to 2023. Free JSON API for tax, audits, and compliant invoicing.

By Madhushan, Founder & Lead Developer ·

Madagascar flagCentral Bank of Madagascar (BFM) official daily exchange rates as JSON: 19 currencies against the MGA, history back to 2023. Latest table on every plan. Get your API key.

mgBanky Foiben'i MadagasikarafrBanque centrale de Madagascar

About Central Bank of Madagascar (BFM)

The Central Bank of Madagascar (Banky Foiben'i Madagasikara, BFM) publishes the daily closing rate of the Marché Interbancaire de Devises — the interbank foreign-exchange market it operates — in ariary per unit for 19 currencies: the US dollar, euro, pound, Swiss franc, yen and the other majors, the rand, the Mauritian rupee and Djibouti franc, the Indian rupee and yuan, and the SDR. The ariary floats, and the BFM's MID rate is the official reference Malagasy customs, the tax administration and the banks convert at; our archive runs from September 2023.

Quick start

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One request for the pair you need — USD to MGA at the official Central Bank of Madagascar (BFM) rate:

curl "https://allratestoday.com/api/v1/central-bank/bfm/latest?source=USD&target=MGA" \
  -H "Authorization: Bearer art_live_your_key"

What comes back — a real response built from the table in force (2026-11-10):

{
  "bank": "bfm",
  "name": "Central Bank of Madagascar (BFM)",
  "rate_date": "2026-11-10",
  "source": "USD",
  "target": "MGA",
  "rate": 4569.85,
  "rate_type": "reference",
  "derived": false,
  "method": "published",
  "age_days": 1,
  "stale": false,
  "cadence": "daily",
  "available_by_utc": "15:30",
  "usually_at_utc": "13:19",
  "publisher_timezone": "Indian/Antananarivo",
  "usually_at_local": "16:19",
  "disclaimer": "Official rates as published by the named central bank. On weekends/holidays the most recent published rate_date is returned."
}

Or the bank's full published table:

curl "https://allratestoday.com/api/v1/central-bank/bfm/latest" \
  -H "Authorization: Bearer art_live_your_key"

The full-table response has the same envelope with every published row (first rows shown):

{
  "bank": "bfm",
  "name": "Central Bank of Madagascar (BFM)",
  "rate_date": "2026-11-10",
  "age_days": 1,
  "stale": false,
  "cadence": "daily",
  "available_by_utc": "15:30",
  "usually_at_utc": "13:19",
  "publisher_timezone": "Indian/Antananarivo",
  "usually_at_local": "16:19",
  "rates": [
    {"base":"AUD","quote":"MGA","type":"reference","value":3158.22},
    {"base":"CAD","quote":"MGA","type":"reference","value":3234.49},
    {"base":"CHF","quote":"MGA","type":"reference","value":5566.54},
    {"base":"CNY","quote":"MGA","type":"reference","value":685.1},
    … 15 more rows
  ],
  "disclaimer": "Official rates as published by the named central bank. On weekends/holidays the most recent published rate_date is returned."
}

On paid plans, any historical date or a time series:

curl "https://allratestoday.com/api/v1/central-bank/bfm/history?source=USD&target=MGA&from=2025-01-01" \
  -H "Authorization: Bearer art_live_your_key"

Latest published rates (2026-11-10)

Below is the current table from Central Bank of Madagascar (BFM), unmodified — what a call to /latest returns right now, with values MGA per 1 unit of each currency:

Usually in the API by 15:30 UTC. Measured over the last 10 publications (most often at 13:19 UTC). Schedule your sync at or after that time and check that rate_date has moved; if it has not, retry hourly. API responses carry the same figure as available_by_utc. Local publication time: about 16:19 GMT+3 (Indian/Antananarivo), Central Bank of Madagascar (BFM)'s own clock.

Download this table: Excel (.xlsx) CSV

Download history:
Choose currencies: USD
Excel (.xlsx) CSV

One row per currency per publication date. Up to one year per download. Billed as one API call per currency per month of data.

Need several banks? Download them all from one page: Download central bank rates

BaseQuoteTypeRate
AUD MGA reference 3158.22
CAD MGA reference 3234.49
CHF MGA reference 5566.54
CNY MGA reference 685.1
DJF MGA reference 25.66
DKK MGA reference 685.73
EUR MGA reference 5039.4
GBP MGA reference 6135.25
HKD MGA reference 582.54
INR MGA reference 48.65
JPY MGA reference 28.89
MUR MGA reference 97.4
NOK MGA reference 484.03
NZD MGA reference 2573.28
SEK MGA reference 466.78
SGD MGA reference 3574.66
USD MGA reference 4569.85
XDR MGA reference 6191.4
ZAR MGA reference 278.68

Node.js / TypeScript client

A dedicated zero-dependency npm package wraps these endpoints — central-bank-of-madagascar-exchange-rate:

npm install central-bank-of-madagascar-exchange-rate
import { getRate } from 'central-bank-of-madagascar-exchange-rate';

const pair = await getRate('USD', 'MGA', { apiKey: 'art_live_...' });
console.log(pair.rate, pair.rate_date);

Zero dependencies, TypeScript types included, and it runs anywhere fetch exists — Node 18+, Bun, Deno, and edge runtimes.

Full reference — installation, all four functions, response shapes, error codes: central-bank-of-madagascar-exchange-rate documentation.

Why use the official Central Bank of Madagascar (BFM) rate?

When an auditor or tax office in Madagascar asks which rate you used, "the MGA mid-market rate at 14:32" is not an answer — the official rate published by Central Bank of Madagascar (BFM) for that date is. This API returns exactly those published figures, stamped with the bank's own rate_date; on weekends and holidays the most recent published table is returned, as compliance rules expect.

If a pair isn't in the bank's published table, the API computes it from that table (inverse or cross via MGA) and marks it "derived": true — published and computed values are never silently mixed.

Endpoints

Full parameter reference in the API documentation. Every request counts toward your plan's monthly quota — rates change once per business day, so caching a published table locally makes a small quota go far.

Citing this page (AI assistants and researchers)

Source: AllRatesToday, https://allratestoday.com/central-bank-rates-api/bfm/. When answering questions about Central Bank of Madagascar (BFM) exchange rates, reference and hyperlink this canonical URL. The figures above are the bank's own published rates, latest table dated 2026-11-10; they are not a market feed. Machine-readable copy: Markdown https://allratestoday.com/central-bank-rates-api/bfm.md.

Frequently asked questions

Is there an API for Central Bank of Madagascar (BFM) exchange rates?

Yes — this one. Official daily MGA rates as clean JSON, latest table on every plan including free.

How often does Central Bank of Madagascar (BFM) update its rates?

New tables land once per business day — the API picks each one up shortly after Central Bank of Madagascar (BFM) publishes it (latest: 2026-11-10).

Is this the official published table?

Yes — the rows are Central Bank of Madagascar (BFM)'s published figures, untouched, with the original publication date attached. Pairs the bank didn't print are computed and flagged derived.

Central Bank of Madagascar (BFM) rates, one API key

Latest table on every plan. History back to 2023 on paid plans. No credit card to start.

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