CURRENCYHUB

Historical Exchange Rates

MGA to KRW Historical Exchange Rates

Review date-based historical exchange-rate data for Malagasy Ariary and South Korean Won. 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 = 0.34301658 KRW
Converted amount0.343017 KRW

Data source: Frankfurter | Rate date:

Historical Chart

MGA/KRW range data

Historical result1 MGA = 0.343017 KRW

1 MGA = 0.34301658 KRW on

High0.36617506
Low0.34204777
Average0.35334513
Change-6.00%

Monthly and annual reference summary

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

Monthly average0.3521992320 observations
Annual average0.34855341145 observations
Month-end published rate0.343016582026-07-28
Most recent available rows
DateRate
2026-07-081 MGA = 0.35717471 KRW
2026-07-091 MGA = 0.35607217 KRW
2026-07-101 MGA = 0.35450461 KRW
2026-07-131 MGA = 0.35256707 KRW
2026-07-141 MGA = 0.35186964 KRW
2026-07-151 MGA = 0.35086771 KRW
2026-07-161 MGA = 0.34717141 KRW
2026-07-171 MGA = 0.3482973 KRW
2026-07-201 MGA = 0.34815166 KRW
2026-07-211 MGA = 0.34457954 KRW
2026-07-221 MGA = 0.34527976 KRW
2026-07-231 MGA = 0.34453214 KRW
2026-07-241 MGA = 0.34204777 KRW
2026-07-271 MGA = 0.34426387 KRW
2026-07-281 MGA = 0.34301658 KRW

Historical trend summary

Observed changes in MGA/KRW

30 days-6.00% to
3 months-3.68% to

Across 22 provider observations from to , MGA/KRW finished below its first observation. The observed change was -6.00%.

The lowest observed rate was 1 MGA = 0.34204777 KRW on . The highest was 1 MGA = 0.36617506 KRW on . These statements describe the selected data only and are not a forecast.

Historical Context

Understanding MGA/KRW historical data

MGA/KRW records how many south korean won units one malagasy ariary represented at each provider publication. Malagasy Ariary is associated with Madagascar, while South Korean Won is associated with South Korea. 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.