Historical Exchange Rates
MGA to MWK Historical Exchange Rates
Review date-based historical exchange-rate data for Malagasy Ariary and Malawian Kwacha. This page is designed for historical lookup, not current conversion.
Showing the 1Y range. Providers may omit weekends, holidays or dates without published data.
Data source: Frankfurter | Rate date:
Historical Chart
MGA/MWK range data
1 MGA = 0.40702908 MWK on
Monthly and annual reference summary
Calculated from available daily provider observations for 2026-07 and 2026.
| Date | Rate |
|---|---|
| 2026-07-08 | 1 MGA = 0.40992886 MWK |
| 2026-07-09 | 1 MGA = 0.40983703 MWK |
| 2026-07-10 | 1 MGA = 0.40926797 MWK |
| 2026-07-13 | 1 MGA = 0.40851264 MWK |
| 2026-07-14 | 1 MGA = 0.40921566 MWK |
| 2026-07-15 | 1 MGA = 0.4081707 MWK |
| 2026-07-16 | 1 MGA = 0.40546514 MWK |
| 2026-07-17 | 1 MGA = 0.40789881 MWK |
| 2026-07-20 | 1 MGA = 0.40786237 MWK |
| 2026-07-21 | 1 MGA = 0.40492646 MWK |
| 2026-07-22 | 1 MGA = 0.40561511 MWK |
| 2026-07-23 | 1 MGA = 0.40593048 MWK |
| 2026-07-24 | 1 MGA = 0.40519788 MWK |
| 2026-07-27 | 1 MGA = 0.4076998 MWK |
| 2026-07-28 | 1 MGA = 0.40702908 MWK |
Historical trend summary
Observed changes in MGA/MWK
Across 255 provider observations from to , MGA/MWK finished above its first observation. The observed change was +3.95%.
The lowest observed rate was 1 MGA = 0.37814962 MWK on . The highest was 1 MGA = 0.4212827 MWK on . These statements describe the selected data only and are not a forecast.
Historical Context
Understanding MGA/MWK historical data
MGA/MWK records how many malawian kwacha units one malagasy ariary represented at each provider publication. Both currencies are associated with Africa, but they remain separate monetary units with their own issuing and policy arrangements. 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; 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 These are historical reference observations, not intraday transaction prices, forecasts or evidence that a single factor caused a particular change.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.