CURRENCYHUB

Historical Exchange Rates

EUR to MGA Historical Exchange Rates

Review date-based historical exchange-rate data for Euro and Malagasy Ariary. This page is designed for historical lookup, not current conversion.

1. Choose currencies
2. Choose a date or range
3. Enter an amount

Showing the 3M range. Providers may omit weekends, holidays or dates without published data.

Requested dateRange view
Actual published date
Reference rate1 EUR = 5,014.4318 MGA
Converted amount5,014.43 MGA

Data source: Frankfurter | Rate date:

Historical Chart

EUR/MGA range data

Historical result1 EUR = 5,014.43 MGA

1 EUR = 5,014.4318 MGA on

High5,036.3326
Low4,812.1942
Average4,924.7514
Change+3.62%

Monthly and annual reference summary

Calculated from available daily provider observations for 2026-09 and 2026.

Monthly average5,006.30159 observations
Annual average4,974.1291178 observations
Month-end published rate5,014.43182026-09-11
Most recent available rows
DateRate
2026-08-241 EUR = 5,007.4166 MGA
2026-08-251 EUR = 4,999.475 MGA
2026-08-261 EUR = 5,036.3326 MGA
2026-08-271 EUR = 5,035.2268 MGA
2026-08-281 EUR = 5,019.376 MGA
2026-08-311 EUR = 5,024.8786 MGA
2026-09-011 EUR = 5,020.1269 MGA
2026-09-021 EUR = 4,989.7788 MGA
2026-09-031 EUR = 5,005.929 MGA
2026-09-041 EUR = 5,011.2996 MGA
2026-09-071 EUR = 5,013.3494 MGA
2026-09-081 EUR = 4,987.8559 MGA
2026-09-091 EUR = 5,017.7123 MGA
2026-09-101 EUR = 4,996.2295 MGA
2026-09-111 EUR = 5,014.4318 MGA

Historical trend summary

Observed changes in EUR/MGA

30 days+1.20% to
3 months+3.62% to

Across 65 provider observations from to , EUR/MGA finished above its first observation. The observed change was +3.62%.

The lowest observed rate was 1 EUR = 4,812.1942 MGA on . The highest was 1 EUR = 5,036.3326 MGA on . These statements describe the selected data only and are not a forecast.

Historical Context

Understanding EUR/MGA historical data

EUR/MGA records how many malagasy ariary units one euro represented at each provider publication. Euro is associated with Euro Area, while Malagasy Ariary is associated with Madagascar. 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: 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.