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.
Showing the 30D range. Providers may omit weekends, holidays or dates without published data.
Data source: Frankfurter | Rate date:
Historical Chart
MGA/NZD range data
1 MGA = 0.0003909524 NZD on
Monthly and annual reference summary
Calculated from available daily provider observations for 2026-10 and 2026.
| Date | Rate |
|---|---|
| 2026-09-28 | 1 MGA = 0.0004015472 NZD |
| 2026-09-29 | 1 MGA = 0.0004019876 NZD |
| 2026-09-30 | 1 MGA = 0.0004015518 NZD |
| 2026-10-01 | 1 MGA = 0.0004026236 NZD |
| 2026-10-02 | 1 MGA = 0.0004012564 NZD |
| 2026-10-05 | 1 MGA = 0.0004013511 NZD |
| 2026-10-06 | 1 MGA = 0.0004024564 NZD |
| 2026-10-07 | 1 MGA = 0.0004002757 NZD |
| 2026-10-08 | 1 MGA = 0.000399922 NZD |
| 2026-10-09 | 1 MGA = 0.000398974 NZD |
| 2026-10-12 | 1 MGA = 0.0003961256 NZD |
| 2026-10-13 | 1 MGA = 0.0003953095 NZD |
| 2026-10-14 | 1 MGA = 0.0003944897 NZD |
| 2026-10-15 | 1 MGA = 0.0003944898 NZD |
| 2026-10-16 | 1 MGA = 0.0003909524 NZD |
Historical trend summary
Observed changes in MGA/NZD
Across 20 provider observations from to , MGA/NZD finished below its first observation. The observed change was -2.04%.
The lowest observed rate was 1 MGA = 0.0003909524 NZD on . The highest was 1 MGA = 0.0004026236 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 These are historical reference observations, not intraday transaction prices, forecasts or evidence that a single factor caused a particular change.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.