CURRENCYHUB

Historical Exchange Rates

IDR to MGA Historical Exchange Rates

Review date-based historical exchange-rate data for Indonesian Rupiah 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 30D range. Providers may omit weekends, holidays or dates without published data.

Requested dateRange view
Actual published date
Reference rate1 IDR = 0.23684193 MGA
Converted amount0.236842 MGA

Data source: Frankfurter | Rate date:

Historical Chart

IDR/MGA range data

Historical result1 IDR = 0.236842 MGA

1 IDR = 0.23684193 MGA on

High0.23970955
Low0.23475518
Average0.23686329
Change+0.29%

Monthly and annual reference summary

Calculated from available daily provider observations for 2026-07 and 2026.

Monthly average0.2368868820 observations
Annual average0.24681517145 observations
Month-end published rate0.236841932026-07-28
Most recent available rows
DateRate
2026-07-081 IDR = 0.23549203 MGA
2026-07-091 IDR = 0.23475518 MGA
2026-07-101 IDR = 0.2354192 MGA
2026-07-131 IDR = 0.23547789 MGA
2026-07-141 IDR = 0.23516108 MGA
2026-07-151 IDR = 0.23571982 MGA
2026-07-161 IDR = 0.23752608 MGA
2026-07-171 IDR = 0.23738268 MGA
2026-07-201 IDR = 0.23747366 MGA
2026-07-211 IDR = 0.23970955 MGA
2026-07-221 IDR = 0.23927203 MGA
2026-07-231 IDR = 0.23892815 MGA
2026-07-241 IDR = 0.23922965 MGA
2026-07-271 IDR = 0.236928 MGA
2026-07-281 IDR = 0.23684193 MGA

Historical trend summary

Observed changes in IDR/MGA

30 days+0.29% to
3 months-1.35% to

Across 22 provider observations from to , IDR/MGA finished above its first observation. The observed change was +0.29%.

The lowest observed rate was 1 IDR = 0.23475518 MGA on . The highest was 1 IDR = 0.23970955 MGA on . These statements describe the selected data only and are not a forecast.

Historical Context

Understanding IDR/MGA historical data

IDR/MGA records how many malagasy ariary units one indonesian rupiah represented at each provider publication. Indonesian Rupiah is associated with Indonesia, 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.