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.

1. Choose currencies
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 = 0.0002055472 EUR
Converted amount0.000206 EUR

Data source: Frankfurter | Rate date:

Historical Chart

MGA/EUR range data

Historical result1 MGA = 0.000206 EUR

1 MGA = 0.0002055472 EUR on

High0.0002073632
Low0.000203732
Average0.0002055807
Change-0.88%

Monthly and annual reference summary

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

Monthly average0.000205445620 observations
Annual average0.0002015775145 observations
Month-end published rate0.00020554722026-07-28
Most recent available rows
DateRate
2026-07-081 MGA = 0.0002063919 EUR
2026-07-091 MGA = 0.0002064309 EUR
2026-07-101 MGA = 0.0002055749 EUR
2026-07-131 MGA = 0.0002056829 EUR
2026-07-141 MGA = 0.0002060554 EUR
2026-07-151 MGA = 0.0002055952 EUR
2026-07-161 MGA = 0.0002038306 EUR
2026-07-171 MGA = 0.0002048921 EUR
2026-07-201 MGA = 0.00020516 EUR
2026-07-211 MGA = 0.000203732 EUR
2026-07-221 MGA = 0.0002043533 EUR
2026-07-231 MGA = 0.0002046814 EUR
2026-07-241 MGA = 0.0002045413 EUR
2026-07-271 MGA = 0.000205813 EUR
2026-07-281 MGA = 0.0002055472 EUR

Historical trend summary

Observed changes in MGA/EUR

30 days-0.88% to
3 months-0.19% to

Across 22 provider observations from to , MGA/EUR finished below its first observation. The observed change was -0.88%.

The lowest observed rate was 1 MGA = 0.000203732 EUR on . The highest was 1 MGA = 0.0002073632 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.