CURRENCYHUB

Historical Exchange Rates

MGA to MKD Historical Exchange Rates

Review date-based historical exchange-rate data for Malagasy Ariary and Macedonian Denar. 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 1Y range. Providers may omit weekends, holidays or dates without published data.

Requested dateRange view
Actual published date
Reference rate1 MGA = 0.01266761 MKD
Converted amount0.012668 MKD

Data source: Frankfurter | Rate date:

Historical Chart

MGA/MKD range data

Historical result1 MGA = 0.012668 MKD

1 MGA = 0.01266761 MKD on

High0.0129265
Low0.01144164
Average0.01219395
Change+6.24%

Monthly and annual reference summary

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

Monthly average0.0126714420 observations
Annual average0.01243346145 observations
Month-end published rate0.012667612026-07-28
Most recent available rows
DateRate
2026-07-081 MGA = 0.01273126 MKD
2026-07-091 MGA = 0.01273987 MKD
2026-07-101 MGA = 0.01271006 MKD
2026-07-131 MGA = 0.01268035 MKD
2026-07-141 MGA = 0.01270637 MKD
2026-07-151 MGA = 0.01268632 MKD
2026-07-161 MGA = 0.01258861 MKD
2026-07-171 MGA = 0.0126397 MKD
2026-07-201 MGA = 0.01264706 MKD
2026-07-211 MGA = 0.01255825 MKD
2026-07-221 MGA = 0.0125922 MKD
2026-07-231 MGA = 0.01260935 MKD
2026-07-241 MGA = 0.01259645 MKD
2026-07-271 MGA = 0.01268273 MKD
2026-07-281 MGA = 0.01266761 MKD

Historical trend summary

Observed changes in MGA/MKD

30 days-1.08% to
3 months-0.31% to
1 year+6.24% to

Across 255 provider observations from to , MGA/MKD finished above its first observation. The observed change was +6.24%.

The lowest observed rate was 1 MGA = 0.01144164 MKD on . The highest was 1 MGA = 0.0129265 MKD on . These statements describe the selected data only and are not a forecast.

Historical Context

Understanding MGA/MKD historical data

MGA/MKD records how many macedonian denar units one malagasy ariary represented at each provider publication. Malagasy Ariary is associated with Madagascar, while Macedonian Denar is associated with North Macedonia. 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.