Historical Exchange Rates
CVE to MGA Historical Exchange Rates
Review date-based historical exchange-rate data for Cape Verdean Escudo and Malagasy Ariary. This page is designed for historical lookup, not current conversion.
Showing the 1Y range. Providers may omit weekends, holidays or dates without published data.
Data source: Frankfurter | Rate date:
Historical Chart
CVE/MGA range data
1 CVE = 44.123373 MGA on
Monthly and annual reference summary
Calculated from available daily provider observations for 2026-07 and 2026.
| Date | Rate |
|---|---|
| 2026-07-08 | 1 CVE = 43.94142 MGA |
| 2026-07-09 | 1 CVE = 43.933554 MGA |
| 2026-07-10 | 1 CVE = 44.113313 MGA |
| 2026-07-13 | 1 CVE = 44.09171 MGA |
| 2026-07-14 | 1 CVE = 44.011395 MGA |
| 2026-07-15 | 1 CVE = 44.111641 MGA |
| 2026-07-16 | 1 CVE = 44.492931 MGA |
| 2026-07-17 | 1 CVE = 44.264394 MGA |
| 2026-07-20 | 1 CVE = 44.205043 MGA |
| 2026-07-21 | 1 CVE = 44.513225 MGA |
| 2026-07-22 | 1 CVE = 44.380622 MGA |
| 2026-07-23 | 1 CVE = 44.310177 MGA |
| 2026-07-24 | 1 CVE = 44.336504 MGA |
| 2026-07-27 | 1 CVE = 44.065667 MGA |
| 2026-07-28 | 1 CVE = 44.123373 MGA |
Historical trend summary
Observed changes in CVE/MGA
Across 255 provider observations from to , CVE/MGA finished below its first observation. The observed change was -5.53%.
The lowest observed rate was 1 CVE = 43.282414 MGA on . The highest was 1 CVE = 48.767462 MGA on . These statements describe the selected data only and are not a forecast.
Historical Context
Understanding CVE/MGA historical data
CVE/MGA records how many malagasy ariary units one cape verdean escudo represented at each provider publication. Both currencies are associated with Africa, but they remain separate monetary units with their own issuing and policy arrangements. The series can support dated price comparisons, cross-currency records and research into how the relationship changed over the selected period.
Observed movement can reflect relative inflation, economic activity, monetary-policy conditions, trade and demand for the two currencies. The documented exchange-rate arrangements also provide context: Fixed relationship with the euro; Market-based exchange-rate framework. These are historical reference observations, not intraday transaction prices, forecasts or evidence that a single factor caused a particular change.
Exchange-rate information is provided for reference only and is not financial, trading or investment advice.
Source and calculation method
CurrencyHub preserves the requested date separately from the actual provider publication date. Monthly and annual averages are arithmetic means of available daily observations, and the month-end value is the final published observation in that calendar month. No missing weekend or holiday rate is invented or interpolated. Review the policy that applies to any accounting, tax or legal use.
Data interpretation note
These observations are reference rates for comparison and research, not bank execution prices. A requested weekend or holiday may have no publication because the provider follows its own release calendar; CurrencyHub identifies the actual published date instead of inventing or interpolating a value. Banks and payment services can use different processing dates, spreads and fees.