🇲🇬Platinum Rate in Madagascar Today
The platinum rate in Madagascar today is MGA 235,077 per gram for 22K, based on an international spot price of $1,854.00 per troy ounce. That is down MGA 2,143 from the previous close. The MGA has weakened 1.395% against the US dollar since the previous session, which moves the local price independently of the metal itself.
Platinum rate in Madagascar — all karats and weights
| Weight | 24K | 22K | 21K | 18K | 14K |
|---|---|---|---|---|---|
| 1 Gram (1 g) | MGA 256,448 | MGA 235,077 | MGA 224,392 | MGA 192,336 | MGA 149,595 |
| 1 Troy Ounce (31.1035 g) | MGA 7,976,425 | MGA 7,311,723 | MGA 6,979,372 | MGA 5,982,319 | MGA 4,652,915 |
| 1 Kilogram (1,000 g) | MGA 256,448,019 | MGA 235,077,350 | MGA 224,392,016 | MGA 192,336,014 | MGA 149,594,678 |
All figures in MGA (Ariary). Purity follows the karat/24 standard: 22K is 91.67% gold, 21K is 87.5%, 18K is 75%.
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Platinum rate in Madagascar — questions
What is the platinum rate in Madagascar today?
The platinum rate in Madagascar today is MGA 235,077 per gram for 22K, and MGA 256,448 per gram for 24K. These are live figures converted from international spot at the current MGA exchange rate.
What is the price of 1 gram of gold in Madagascar?
One gram of 24K platinum costs MGA 256,448 in Madagascar, and 22K costs MGA 235,077 per gram. 18K works out at MGA 192,336.
Why is 22K cheaper than 24K in Madagascar?
22K gold is 91.67% pure — 22 parts gold to 24 — so it contains less gold by weight than 24K, which is 99.9% pure. That is why 22K is MGA 21,371 less per gram here. The alloy makes it harder, which is why jewellery is usually 22K or below.
How often does this rate update?
The spot price refreshes continuously through the trading day and this page reflects the latest reading, last confirmed 1 month ago. Exchange rates refresh alongside it.