Historical Exchange Rates
MGA to PAB Historical Exchange Rates
Review date-based historical exchange-rate data for Malagasy Ariary and Panamanian Balboa. 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/PAB range data
1 MGA = 0.0002342714 PAB on
Monthly and annual reference summary
Calculated from available daily provider observations for 2026-07 and 2026.
| Date | Rate |
|---|---|
| 2026-07-08 | 1 MGA = 0.0002361408 PAB |
| 2026-07-09 | 1 MGA = 0.0002359453 PAB |
| 2026-07-10 | 1 MGA = 0.0002362157 PAB |
| 2026-07-13 | 1 MGA = 0.0002351669 PAB |
| 2026-07-14 | 1 MGA = 0.0002358053 PAB |
| 2026-07-15 | 1 MGA = 0.0002349928 PAB |
| 2026-07-16 | 1 MGA = 0.0002331773 PAB |
| 2026-07-17 | 1 MGA = 0.0002350251 PAB |
| 2026-07-20 | 1 MGA = 0.0002347865 PAB |
| 2026-07-21 | 1 MGA = 0.0002330177 PAB |
| 2026-07-22 | 1 MGA = 0.0002334959 PAB |
| 2026-07-23 | 1 MGA = 0.0002336492 PAB |
| 2026-07-24 | 1 MGA = 0.0002333357 PAB |
| 2026-07-27 | 1 MGA = 0.0002344954 PAB |
| 2026-07-28 | 1 MGA = 0.0002342714 PAB |
Historical trend summary
Observed changes in MGA/PAB
Across 22 provider observations from to , MGA/PAB finished below its first observation. The observed change was -1.22%.
The lowest observed rate was 1 MGA = 0.0002330177 PAB on . The highest was 1 MGA = 0.0002371556 PAB on . These statements describe the selected data only and are not a forecast.
Historical Context
Understanding MGA/PAB historical data
MGA/PAB records how many panamanian balboa units one malagasy ariary represented at each provider publication. Malagasy Ariary is associated with Madagascar, while Panamanian Balboa is associated with Panama. 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; Fixed at parity with the US dollar. These are historical reference observations, not intraday transaction prices, forecasts or evidence that a single factor caused a particular change.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.