CURRENCYHUB

Historical Exchange Rates

MGA to AZN Historical Exchange Rates

Review date-based historical exchange-rate data for Malagasy Ariary and Azerbaijani Manat. 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 MGA = 0.0003979851 AZN
Converted amount0.000398 AZN

Data source: Frankfurter | Rate date:

Historical Chart

MGA/AZN range data

Historical result1 MGA = 0.000398 AZN

1 MGA = 0.0003979851 AZN on

High0.0004093332
Low0.0003960135
Average0.0004033999
Change-2.75%

Monthly and annual reference summary

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

Monthly average0.000398997820 observations
Annual average0.0003986731145 observations
Month-end published rate0.00039798512026-07-28
Most recent available rows
DateRate
2026-07-081 MGA = 0.000401024 AZN
2026-07-091 MGA = 0.0004009655 AZN
2026-07-101 MGA = 0.0004000753 AZN
2026-07-131 MGA = 0.00039945 AZN
2026-07-141 MGA = 0.0004001017 AZN
2026-07-151 MGA = 0.0003993702 AZN
2026-07-161 MGA = 0.0003969188 AZN
2026-07-171 MGA = 0.0003990496 AZN
2026-07-201 MGA = 0.0003989164 AZN
2026-07-211 MGA = 0.0003960135 AZN
2026-07-221 MGA = 0.0003968263 AZN
2026-07-231 MGA = 0.0003970635 AZN
2026-07-241 MGA = 0.0003963 AZN
2026-07-271 MGA = 0.0003987891 AZN
2026-07-281 MGA = 0.0003979851 AZN

Historical trend summary

Observed changes in MGA/AZN

30 days-1.07% to
3 months-2.85% to

Across 63 provider observations from to , MGA/AZN finished below its first observation. The observed change was -2.75%.

The lowest observed rate was 1 MGA = 0.0003960135 AZN on . The highest was 1 MGA = 0.0004093332 AZN on . These statements describe the selected data only and are not a forecast.

Historical Context

Understanding MGA/AZN historical data

MGA/AZN records how many azerbaijani manat units one malagasy ariary represented at each provider publication. Malagasy Ariary is associated with Madagascar, while Azerbaijani Manat is associated with Azerbaijan. 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.