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.
Showing the 3M range. Providers may omit weekends, holidays or dates without published data.
Data source: Frankfurter | Rate date:
Historical Chart
MGA/MXN range data
1 MGA = 0.004058023 MXN on
Monthly and annual reference summary
Calculated from available daily provider observations for 2026-10 and 2026.
| Date | Rate |
|---|---|
| 2026-09-29 | 1 MGA = 0.0040784636 MXN |
| 2026-09-30 | 1 MGA = 0.0040970585 MXN |
| 2026-10-01 | 1 MGA = 0.0041197015 MXN |
| 2026-10-02 | 1 MGA = 0.0041123202 MXN |
| 2026-10-05 | 1 MGA = 0.0040900458 MXN |
| 2026-10-06 | 1 MGA = 0.0040669406 MXN |
| 2026-10-07 | 1 MGA = 0.0040481804 MXN |
| 2026-10-08 | 1 MGA = 0.0040421228 MXN |
| 2026-10-09 | 1 MGA = 0.0040742084 MXN |
| 2026-10-12 | 1 MGA = 0.0040709343 MXN |
| 2026-10-13 | 1 MGA = 0.0040588577 MXN |
| 2026-10-14 | 1 MGA = 0.0040724885 MXN |
| 2026-10-15 | 1 MGA = 0.0040888061 MXN |
| 2026-10-16 | 1 MGA = 0.0040636827 MXN |
| 2026-10-19 | 1 MGA = 0.004058023 MXN |
Historical trend summary
Observed changes in MGA/MXN
Across 64 provider observations from to , MGA/MXN finished below its first observation. The observed change was -0.13%.
The lowest observed rate was 1 MGA = 0.0039167562 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 These are historical reference observations, not intraday transaction prices, forecasts or evidence that a single factor caused a particular change.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.