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.
Showing the 30D range. Providers may omit weekends, holidays or dates without published data.
Data source: Frankfurter | Rate date:
Historical Chart
MGA/KRW range data
1 MGA = 0.29312695 KRW on
Monthly and annual reference summary
Calculated from available daily provider observations for 2026-10 and 2026.
| Date | Rate |
|---|---|
| 2026-09-29 | 1 MGA = 0.30874871 KRW |
| 2026-09-30 | 1 MGA = 0.30734745 KRW |
| 2026-10-01 | 1 MGA = 0.30775716 KRW |
| 2026-10-02 | 1 MGA = 0.30550733 KRW |
| 2026-10-05 | 1 MGA = 0.30289126 KRW |
| 2026-10-06 | 1 MGA = 0.30308401 KRW |
| 2026-10-07 | 1 MGA = 0.30085233 KRW |
| 2026-10-08 | 1 MGA = 0.30033919 KRW |
| 2026-10-09 | 1 MGA = 0.3003787 KRW |
| 2026-10-12 | 1 MGA = 0.29700423 KRW |
| 2026-10-13 | 1 MGA = 0.29671477 KRW |
| 2026-10-14 | 1 MGA = 0.29645641 KRW |
| 2026-10-15 | 1 MGA = 0.29732948 KRW |
| 2026-10-16 | 1 MGA = 0.29506025 KRW |
| 2026-10-19 | 1 MGA = 0.29312695 KRW |
Historical trend summary
Observed changes in MGA/KRW
Across 21 provider observations from to , MGA/KRW finished below its first observation. The observed change was -7.01%.
The lowest observed rate was 1 MGA = 0.29312695 KRW on . The highest was 1 MGA = 0.31523875 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 These are historical reference observations, not intraday transaction prices, forecasts or evidence that a single factor caused a particular change.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.