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 = 0.02666989 ISK on
Monthly and annual reference summary
Calculated from available daily provider observations for 2026-10 and 2026.
| Date | Rate |
|---|---|
| 2026-09-29 | 1 MGA = 0.02742107 ISK |
| 2026-09-30 | 1 MGA = 0.02736379 ISK |
| 2026-10-01 | 1 MGA = 0.02744594 ISK |
| 2026-10-02 | 1 MGA = 0.0274532 ISK |
| 2026-10-05 | 1 MGA = 0.02750611 ISK |
| 2026-10-06 | 1 MGA = 0.02753482 ISK |
| 2026-10-07 | 1 MGA = 0.02746717 ISK |
| 2026-10-08 | 1 MGA = 0.02744409 ISK |
| 2026-10-09 | 1 MGA = 0.02735029 ISK |
| 2026-10-12 | 1 MGA = 0.02711409 ISK |
| 2026-10-13 | 1 MGA = 0.0270069 ISK |
| 2026-10-14 | 1 MGA = 0.02698441 ISK |
| 2026-10-15 | 1 MGA = 0.02693537 ISK |
| 2026-10-16 | 1 MGA = 0.02672768 ISK |
| 2026-10-19 | 1 MGA = 0.02666989 ISK |
Historical trend summary
Observed changes in MGA/ISK
Across 21 provider observations from to , MGA/ISK finished below its first observation. The observed change was -3.63%.
The lowest observed rate was 1 MGA = 0.02666989 ISK on . The highest was 1 MGA = 0.02767545 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 These are historical reference observations, not intraday transaction prices, forecasts or evidence that a single factor caused a particular change.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.