Historical Exchange Rates
MGA to ILS Historical Exchange Rates
Review date-based historical exchange-rate data for Malagasy Ariary and Israeli New Shekel. This page is designed for historical lookup, not current conversion.
Showing the 3M range. Providers may omit weekends, holidays or dates without published data.
Data source: Frankfurter | Rate date:
Historical Chart
MGA/ILS range data
1 MGA = 0.000682519 ILS on
Monthly and annual reference summary
Calculated from available daily provider observations for 2026-10 and 2026.
| Date | Rate |
|---|---|
| 2026-09-28 | 1 MGA = 0.0006957525 ILS |
| 2026-09-29 | 1 MGA = 0.0006972897 ILS |
| 2026-09-30 | 1 MGA = 0.0006958356 ILS |
| 2026-10-01 | 1 MGA = 0.0006970045 ILS |
| 2026-10-02 | 1 MGA = 0.0006911667 ILS |
| 2026-10-05 | 1 MGA = 0.0006888117 ILS |
| 2026-10-06 | 1 MGA = 0.0006894092 ILS |
| 2026-10-07 | 1 MGA = 0.0006872968 ILS |
| 2026-10-08 | 1 MGA = 0.0006884771 ILS |
| 2026-10-09 | 1 MGA = 0.0006854135 ILS |
| 2026-10-12 | 1 MGA = 0.0006813512 ILS |
| 2026-10-13 | 1 MGA = 0.0006812662 ILS |
| 2026-10-14 | 1 MGA = 0.0006812766 ILS |
| 2026-10-15 | 1 MGA = 0.00068536 ILS |
| 2026-10-16 | 1 MGA = 0.000682519 ILS |
Historical trend summary
Observed changes in MGA/ILS
Across 64 provider observations from to , MGA/ILS finished below its first observation. The observed change was -4.01%.
The lowest observed rate was 1 MGA = 0.0006812662 ILS on . The highest was 1 MGA = 0.0007143955 ILS on . These statements describe the selected data only and are not a forecast.
Historical Context
Understanding MGA/ILS historical data
MGA/ILS records how many israeli new shekel units one malagasy ariary represented at each provider publication. Malagasy Ariary is associated with Madagascar, while Israeli New Shekel is associated with Israel. 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 These are historical reference observations, not intraday transaction prices, forecasts or evidence that a single factor caused a particular change.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.