Historical Exchange Rates
MGA to NIO Historical Exchange Rates
Review date-based historical exchange-rate data for Malagasy Ariary and Nicaraguan Córdoba. 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/NIO range data
1 MGA = 0.0079825458 NIO on
Monthly and annual reference summary
Calculated from available daily provider observations for 2026-10 and 2026.
| Date | Rate |
|---|---|
| 2026-10-06 | 1 MGA = 0.0082685752 NIO |
| 2026-10-07 | 1 MGA = 0.008223312 NIO |
| 2026-10-08 | 1 MGA = 0.0082049995 NIO |
| 2026-10-09 | 1 MGA = 0.0081970295 NIO |
| 2026-10-12 | 1 MGA = 0.0081362258 NIO |
| 2026-10-13 | 1 MGA = 0.0081153665 NIO |
| 2026-10-14 | 1 MGA = 0.0081112686 NIO |
| 2026-10-15 | 1 MGA = 0.0081071748 NIO |
| 2026-10-16 | 1 MGA = 0.0080725258 NIO |
| 2026-10-19 | 1 MGA = 0.0080524163 NIO |
| 2026-10-20 | 1 MGA = 0.0080418782 NIO |
| 2026-10-21 | 1 MGA = 0.0080130751 NIO |
| 2026-10-22 | 1 MGA = 0.0080074337 NIO |
| 2026-10-23 | 1 MGA = 0.008028709 NIO |
| 2026-10-26 | 1 MGA = 0.0079825458 NIO |
Historical trend summary
Observed changes in MGA/NIO
Across 64 provider observations from to , MGA/NIO finished below its first observation. The observed change was -6.26%.
The lowest observed rate was 1 MGA = 0.0079825458 NIO on . The highest was 1 MGA = 0.0085553303 NIO on . These statements describe the selected data only and are not a forecast.
Historical Context
Understanding MGA/NIO historical data
MGA/NIO records how many nicaraguan córdoba units one malagasy ariary represented at each provider publication. Malagasy Ariary is associated with Madagascar, while Nicaraguan Córdoba is associated with Nicaragua. 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; Managed 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 These are historical reference observations, not intraday transaction prices, forecasts or evidence that a single factor caused a particular change.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.