CURRENCYHUB

Historical Exchange Rates

MGA to NAD Historical Exchange Rates

Review date-based historical exchange-rate data for Malagasy Ariary and Namibian Dollar. 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 = 0.0039334139 NAD
Converted amount0.003933 NAD

Data source: Frankfurter | Rate date:

Historical Chart

MGA/NAD range data

Historical result1 MGA = 0.003933 NAD

1 MGA = 0.0039334139 NAD on

High0.0041104798
Low0.0035586917
Average0.0038689732
Change-2.49%

Monthly and annual reference summary

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

Monthly average0.003859222320 observations
Annual average0.003849591145 observations
Month-end published rate0.00393341392026-07-28
Most recent available rows
DateRate
2026-07-081 MGA = 0.0038526008 NAD
2026-07-091 MGA = 0.0038606318 NAD
2026-07-101 MGA = 0.0038489132 NAD
2026-07-131 MGA = 0.0038428382 NAD
2026-07-141 MGA = 0.0038676967 NAD
2026-07-151 MGA = 0.0038489466 NAD
2026-07-161 MGA = 0.0038197803 NAD
2026-07-171 MGA = 0.0038607271 NAD
2026-07-201 MGA = 0.0038707148 NAD
2026-07-211 MGA = 0.0038348184 NAD
2026-07-221 MGA = 0.0038487834 NAD
2026-07-231 MGA = 0.0038579226 NAD
2026-07-241 MGA = 0.0038879186 NAD
2026-07-271 MGA = 0.0039319198 NAD
2026-07-281 MGA = 0.0039334139 NAD

Historical trend summary

Observed changes in MGA/NAD

30 days+1.02% to
3 months-1.56% to
1 year-2.49% to

Across 255 provider observations from to , MGA/NAD finished below its first observation. The observed change was -2.49%.

The lowest observed rate was 1 MGA = 0.0035586917 NAD on . The highest was 1 MGA = 0.0041104798 NAD on . These statements describe the selected data only and are not a forecast.

Historical Context

Understanding MGA/NAD historical data

MGA/NAD records how many namibian dollar 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; One-to-one relationship with the South African rand within the Common Monetary Area. 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.