CURRENCYHUB

Historical Exchange Rates

MGA to MXN Historical Exchange Rates

Review date-based historical exchange-rate data for Malagasy Ariary and Mexican Peso. 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 = 0.004058023 MXN
Converted amount0.004058 MXN

Data source: Frankfurter | Rate date:

Historical Chart

MGA/MXN range data

Historical result1 MGA = 0.004058 MXN

1 MGA = 0.004058023 MXN on

High0.0041197015
Low0.0039311896
Average0.0040485856
Change+3.23%

Monthly and annual reference summary

Calculated from available daily provider observations for 2026-10 and 2026.

Monthly average0.004074331713 observations
Annual average0.0040662422204 observations
Month-end published rate0.0040580232026-10-19
Most recent available rows
DateRate
2026-09-291 MGA = 0.0040784636 MXN
2026-09-301 MGA = 0.0040970585 MXN
2026-10-011 MGA = 0.0041197015 MXN
2026-10-021 MGA = 0.0041123202 MXN
2026-10-051 MGA = 0.0040900458 MXN
2026-10-061 MGA = 0.0040669406 MXN
2026-10-071 MGA = 0.0040481804 MXN
2026-10-081 MGA = 0.0040421228 MXN
2026-10-091 MGA = 0.0040742084 MXN
2026-10-121 MGA = 0.0040709343 MXN
2026-10-131 MGA = 0.0040588577 MXN
2026-10-141 MGA = 0.0040724885 MXN
2026-10-151 MGA = 0.0040888061 MXN
2026-10-161 MGA = 0.0040636827 MXN
2026-10-191 MGA = 0.004058023 MXN

Historical trend summary

Observed changes in MGA/MXN

30 days+3.23% to
3 months-0.08% to

Across 21 provider observations from to , MGA/MXN finished above its first observation. The observed change was +3.23%.

The lowest observed rate was 1 MGA = 0.0039311896 MXN on . The highest was 1 MGA = 0.0041197015 MXN on . These statements describe the selected data only and are not a forecast.

Historical Context

Understanding MGA/MXN historical data

MGA/MXN records how many mexican peso units one malagasy ariary represented at each provider publication. Malagasy Ariary is associated with Madagascar, while Mexican Peso is associated with Mexico. 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.