CURRENCYHUB

Historical Exchange Rates

MGA to NZD Historical Exchange Rates

Review date-based historical exchange-rate data for Malagasy Ariary and New Zealand 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 30D range. Providers may omit weekends, holidays or dates without published data.

Requested dateRange view
Actual published date
Reference rate1 MGA = 0.000404987 NZD
Converted amount0.000405 NZD

Data source: Frankfurter | Rate date:

Historical Chart

MGA/NZD range data

Historical result1 MGA = 0.000405 NZD

1 MGA = 0.000404987 NZD on

High0.0004189639
Low0.000398367
Average0.0004080663
Change-3.34%

Monthly and annual reference summary

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

Monthly average0.000407092820 observations
Annual average0.0004005222145 observations
Month-end published rate0.0004049872026-07-28
Most recent available rows
DateRate
2026-07-081 MGA = 0.0004142137 NZD
2026-07-091 MGA = 0.0004121493 NZD
2026-07-101 MGA = 0.0004085199 NZD
2026-07-131 MGA = 0.0004074879 NZD
2026-07-141 MGA = 0.0004066924 NZD
2026-07-151 MGA = 0.0004042346 NZD
2026-07-161 MGA = 0.000400143 NZD
2026-07-171 MGA = 0.0004021723 NZD
2026-07-201 MGA = 0.0004015925 NZD
2026-07-211 MGA = 0.000398367 NZD
2026-07-221 MGA = 0.0004004922 NZD
2026-07-231 MGA = 0.0004025776 NZD
2026-07-241 MGA = 0.0004026656 NZD
2026-07-271 MGA = 0.000405055 NZD
2026-07-281 MGA = 0.000404987 NZD

Historical trend summary

Observed changes in MGA/NZD

30 days-3.34% to
3 months-1.38% to

Across 22 provider observations from to , MGA/NZD finished below its first observation. The observed change was -3.34%.

The lowest observed rate was 1 MGA = 0.000398367 NZD on . The highest was 1 MGA = 0.0004189639 NZD on . These statements describe the selected data only and are not a forecast.

Historical Context

Understanding MGA/NZD historical data

MGA/NZD records how many new zealand dollar units one malagasy ariary represented at each provider publication. Malagasy Ariary is associated with Madagascar, while New Zealand Dollar is associated with New Zealand. 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.