About MGA
Malagasy Ariary
- Symbol
- Ar
- Country or area
- Madagascar
- Region
- Africa
- Central bank
- Central Bank of Madagascar
Currency Pair
1 MGA = 0.0001957107 EUR
Currency Converter
Convert Malagasy ariary to euros, compare the current exchange rate, simulate common transfer fees and review historical movement.
Current Rate Summary
1 MGA = 0.0001957107 EUR
1 EUR = 5,109.5832 MGA
Currency Relationship
MGA/EUR is relevant when prices, invoices or payments move between the currency areas represented by Malagasy Ariary and Euro.
Cross-border services can apply spreads, fixed fees and different processing dates.
CurrencyHub shows a reference calculation, not a transaction offer.
Common uses
Currency Knowledge
About MGA
About EUR
Quick Conversion Table
Exchange-rate information is provided for reference only and is not financial, trading or investment advice.
| MGA | EUR |
|---|---|
| 1 MGA | 0.000196 EUR |
| 5 MGA | 0.000979 EUR |
| 10 MGA | 0.001957 EUR |
| 20 MGA | 0.003914 EUR |
| 25 MGA | 0.004893 EUR |
| EUR | MGA |
|---|---|
| 1 EUR | 5,109.58 MGA |
| 5 EUR | 25,547.92 MGA |
| 10 EUR | 51,095.83 MGA |
| 20 EUR | 102,191.66 MGA |
| 25 EUR | 127,739.58 MGA |
| 50 MGA | 0.009786 EUR |
| 100 MGA | 0.019571 EUR |
| 250 MGA | 0.048928 EUR |
| 500 MGA | 0.097855 EUR |
| 1,000 MGA | 0.195711 EUR |
| 5,000 MGA | 0.978553 EUR |
| 50 EUR | 255,479.16 MGA |
| 100 EUR | 510,958.32 MGA |
| 250 EUR | 1,277,395.81 MGA |
| 500 EUR | 2,554,791.61 MGA |
| 1,000 EUR | 5,109,583.22 MGA |
| 5,000 EUR | 25,547,916.11 MGA |
FAQ
MGA to EUR treats Malagasy Ariary as the starting currency and Euro as the result currency. A rate of 1 MGA = X EUR shows how many euros one malagasy ariary represents at the stated rate date.
Enter an amount in Malagasy ariary, then CurrencyHub shows the equivalent value in euros when the latest provider reference rate is available.
MGA/EUR can move as economic conditions, monetary policy expectations and demand for each currency change. For this pair, cross-border services can apply spreads, fixed fees and different processing dates.
The page displays the provider's latest available reference-rate date beside the result. It updates when a new dated publication is accepted into CurrencyHub's shared rate snapshot.
No. CurrencyHub shows reference exchange-rate information when provider data is available. Banks, card networks and money transfer providers may apply spreads or fees.
Sources and review