Historical Exchange Rates
MGA to ISK Historical Exchange Rates
Review date-based historical exchange-rate data for Malagasy Ariary and Icelandic Krona. 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/ISK range data
1 MGA = 0.02935653 ISK on
Monthly and annual reference summary
Calculated from available daily provider observations for 2026-07 and 2026.
| Date | Rate |
|---|---|
| 2026-07-08 | 1 MGA = 0.02968276 ISK |
| 2026-07-09 | 1 MGA = 0.02960878 ISK |
| 2026-07-10 | 1 MGA = 0.02952343 ISK |
| 2026-07-13 | 1 MGA = 0.02950515 ISK |
| 2026-07-14 | 1 MGA = 0.02954746 ISK |
| 2026-07-15 | 1 MGA = 0.02951979 ISK |
| 2026-07-16 | 1 MGA = 0.02921112 ISK |
| 2026-07-17 | 1 MGA = 0.02939574 ISK |
| 2026-07-20 | 1 MGA = 0.02941756 ISK |
| 2026-07-21 | 1 MGA = 0.02919012 ISK |
| 2026-07-22 | 1 MGA = 0.02927805 ISK |
| 2026-07-23 | 1 MGA = 0.02936971 ISK |
| 2026-07-24 | 1 MGA = 0.02931678 ISK |
| 2026-07-27 | 1 MGA = 0.0294451 ISK |
| 2026-07-28 | 1 MGA = 0.02935653 ISK |
Historical trend summary
Observed changes in MGA/ISK
Across 22 provider observations from to , MGA/ISK finished below its first observation. The observed change was -1.76%.
The lowest observed rate was 1 MGA = 0.02919012 ISK on . The highest was 1 MGA = 0.02988237 ISK on . These statements describe the selected data only and are not a forecast.
Historical Context
Understanding MGA/ISK historical data
MGA/ISK records how many icelandic krona units one malagasy ariary represented at each provider publication. Malagasy Ariary is associated with Madagascar, while Icelandic Krona is associated with Iceland. 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 These are historical reference observations, not intraday transaction prices, forecasts or evidence that a single factor caused a particular change.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.