CURRENCYHUB

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.

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 = 0.0375106 ETB
Converted amount0.037511 ETB

Data source: Frankfurter | Rate date:

Historical Chart

MGA/ETB range data

Historical result1 MGA = 0.037511 ETB

1 MGA = 0.0375106 ETB on

High0.03808501
Low0.03726419
Average0.03759378
Change-0.47%

Monthly and annual reference summary

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

Monthly average0.0374750320 observations
Annual average0.0367711145 observations
Month-end published rate0.03751062026-07-28
Most recent available rows
DateRate
2026-07-081 MGA = 0.03759659 ETB
2026-07-091 MGA = 0.03758373 ETB
2026-07-101 MGA = 0.03753528 ETB
2026-07-131 MGA = 0.03743258 ETB
2026-07-141 MGA = 0.03748923 ETB
2026-07-151 MGA = 0.0374555 ETB
2026-07-161 MGA = 0.03733687 ETB
2026-07-171 MGA = 0.03753592 ETB
2026-07-201 MGA = 0.03752782 ETB
2026-07-211 MGA = 0.03726419 ETB
2026-07-221 MGA = 0.03739437 ETB
2026-07-231 MGA = 0.03739322 ETB
2026-07-241 MGA = 0.03735191 ETB
2026-07-271 MGA = 0.03756732 ETB
2026-07-281 MGA = 0.0375106 ETB

Historical trend summary

Observed changes in MGA/ETB

30 days-0.57% to
3 months-0.99% to

Across 63 provider observations from to , MGA/ETB finished below its first observation. The observed change was -0.47%.

The lowest observed rate was 1 MGA = 0.03726419 ETB on . The highest was 1 MGA = 0.03808501 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.