Historical Exchange Rates
MGA to ETB Historical Exchange Rates
Review date-based historical exchange-rate data for Malagasy Ariary and Ethiopian Birr. This page is designed for historical lookup, not current conversion.
Showing the 30D range. Providers may omit weekends, holidays or dates without published data.
Data source: Frankfurter | Rate date:
Historical Chart
MGA/ETB range data
1 MGA = 0.03545798 ETB on
Monthly and annual reference summary
Calculated from available daily provider observations for 2026-10 and 2026.
| Date | Rate |
|---|---|
| 2026-09-29 | 1 MGA = 0.03669491 ETB |
| 2026-09-30 | 1 MGA = 0.03668168 ETB |
| 2026-10-01 | 1 MGA = 0.03669733 ETB |
| 2026-10-02 | 1 MGA = 0.0365494 ETB |
| 2026-10-05 | 1 MGA = 0.03637026 ETB |
| 2026-10-06 | 1 MGA = 0.03646174 ETB |
| 2026-10-07 | 1 MGA = 0.03623969 ETB |
| 2026-10-08 | 1 MGA = 0.03615675 ETB |
| 2026-10-09 | 1 MGA = 0.03611492 ETB |
| 2026-10-12 | 1 MGA = 0.03582481 ETB |
| 2026-10-13 | 1 MGA = 0.03575955 ETB |
| 2026-10-14 | 1 MGA = 0.035757 ETB |
| 2026-10-15 | 1 MGA = 0.03572346 ETB |
| 2026-10-16 | 1 MGA = 0.03555535 ETB |
| 2026-10-19 | 1 MGA = 0.03545798 ETB |
Historical trend summary
Observed changes in MGA/ETB
Across 21 provider observations from to , MGA/ETB finished below its first observation. The observed change was -3.78%.
The lowest observed rate was 1 MGA = 0.03545798 ETB on . The highest was 1 MGA = 0.03685033 ETB on . These statements describe the selected data only and are not a forecast.
Historical Context
Understanding MGA/ETB historical data
MGA/ETB records how many ethiopian birr units one malagasy ariary 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: 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 These are historical reference observations, not intraday transaction prices, forecasts or evidence that a single factor caused a particular change.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.