Historical Exchange Rates
MDL to MGA Historical Exchange Rates
Review date-based historical exchange-rate data for Moldovan Leu 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
MDL/MGA range data
1 MDL = 250.379739 MGA on
Monthly and annual reference summary
Calculated from available daily provider observations for 2026-09 and 2026.
| Date | Rate |
|---|---|
| 2026-08-24 | 1 MDL = 249.983965 MGA |
| 2026-08-25 | 1 MDL = 249.319269 MGA |
| 2026-08-26 | 1 MDL = 250.176594 MGA |
| 2026-08-27 | 1 MDL = 250.420017 MGA |
| 2026-08-28 | 1 MDL = 249.945173 MGA |
| 2026-08-31 | 1 MDL = 250.70669 MGA |
| 2026-09-01 | 1 MDL = 251.009257 MGA |
| 2026-09-02 | 1 MDL = 249.377675 MGA |
| 2026-09-03 | 1 MDL = 249.682284 MGA |
| 2026-09-04 | 1 MDL = 249.730328 MGA |
| 2026-09-07 | 1 MDL = 250.456506 MGA |
| 2026-09-08 | 1 MDL = 249.064279 MGA |
| 2026-09-09 | 1 MDL = 250.246377 MGA |
| 2026-09-10 | 1 MDL = 249.1533 MGA |
| 2026-09-11 | 1 MDL = 250.379739 MGA |
Historical trend summary
Observed changes in MDL/MGA
Across 255 provider observations from to , MDL/MGA finished below its first observation. The observed change was -6.10%.
The lowest observed rate was 1 MDL = 236.586598 MGA on . The highest was 1 MDL = 274.564198 MGA on . These statements describe the selected data only and are not a forecast.
Historical Context
Understanding MDL/MGA historical data
MDL/MGA records how many malagasy ariary units one moldovan leu represented at each provider publication. Moldovan Leu is associated with Moldova, 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 These are historical reference observations, not intraday transaction prices, forecasts or evidence that a single factor caused a particular change.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.