CURRENCYHUB

Historical Exchange Rates

MGA to EUR Historical Exchange Rates

Review date-based historical exchange-rate data for Malagasy Ariary and Euro. This page is designed for historical lookup, not current conversion.

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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 MGA = 0.0001957041 EUR
Converted amount0.000196 EUR

Data source: Frankfurter | Rate date:

Historical Chart

MGA/EUR range data

Historical result1 MGA = 0.000196 EUR

1 MGA = 0.0001957041 EUR on

High0.0002009031
Low0.0001944024
Average0.000197928
Change-2.04%

Monthly and annual reference summary

Calculated from available daily provider observations for 2026-10 and 2026.

Monthly average0.00019760919 observations
Annual average0.0002008898210 observations
Month-end published rate0.00019570412026-10-27
Most recent available rows
DateRate
2026-10-071 MGA = 0.0001999201 EUR
2026-10-081 MGA = 0.0001999633 EUR
2026-10-091 MGA = 0.000199534 EUR
2026-10-121 MGA = 0.0001983138 EUR
2026-10-131 MGA = 0.0001979051 EUR
2026-10-141 MGA = 0.0001977786 EUR
2026-10-151 MGA = 0.0001976279 EUR
2026-10-161 MGA = 0.0001962476 EUR
2026-10-191 MGA = 0.0001957368 EUR
2026-10-201 MGA = 0.0001955706 EUR
2026-10-211 MGA = 0.0001948089 EUR
2026-10-221 MGA = 0.0001945909 EUR
2026-10-231 MGA = 0.0001953907 EUR
2026-10-261 MGA = 0.0001944024 EUR
2026-10-271 MGA = 0.0001957041 EUR

Historical trend summary

Observed changes in MGA/EUR

30 days-2.04% to
3 months-4.15% to

Across 22 provider observations from to , MGA/EUR finished below its first observation. The observed change was -2.04%.

The lowest observed rate was 1 MGA = 0.0001944024 EUR on . The highest was 1 MGA = 0.0002009031 EUR on . These statements describe the selected data only and are not a forecast.

Historical Context

Understanding MGA/EUR historical data

MGA/EUR records how many euro units one malagasy ariary represented at each provider publication. Malagasy Ariary is associated with Madagascar, while Euro is associated with Euro Area. 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.