Historical Exchange Rates
MGA to RWF Historical Exchange Rates
Review date-based historical exchange-rate data for Malagasy Ariary and Rwandan Franc. This page is designed for historical lookup, not current conversion.
Showing the 1Y range. Providers may omit weekends, holidays or dates without published data.
Data source: Frankfurter | Rate date:
Historical Chart
MGA/RWF range data
1 MGA = 0.3440376 RWF on
Monthly and annual reference summary
Calculated from available daily provider observations for 2026-07 and 2026.
| Date | Rate |
|---|---|
| 2026-07-08 | 1 MGA = 0.34647193 RWF |
| 2026-07-09 | 1 MGA = 0.34651403 RWF |
| 2026-07-10 | 1 MGA = 0.34583177 RWF |
| 2026-07-13 | 1 MGA = 0.34526952 RWF |
| 2026-07-14 | 1 MGA = 0.34594508 RWF |
| 2026-07-15 | 1 MGA = 0.34511979 RWF |
| 2026-07-16 | 1 MGA = 0.34285387 RWF |
| 2026-07-17 | 1 MGA = 0.34506189 RWF |
| 2026-07-20 | 1 MGA = 0.34498502 RWF |
| 2026-07-21 | 1 MGA = 0.34282259 RWF |
| 2026-07-22 | 1 MGA = 0.34353788 RWF |
| 2026-07-23 | 1 MGA = 0.34331249 RWF |
| 2026-07-24 | 1 MGA = 0.34268899 RWF |
| 2026-07-27 | 1 MGA = 0.34483649 RWF |
| 2026-07-28 | 1 MGA = 0.3440376 RWF |
Historical trend summary
Observed changes in MGA/RWF
Across 255 provider observations from to , MGA/RWF finished above its first observation. The observed change was +5.74%.
The lowest observed rate was 1 MGA = 0.31708473 RWF on . The highest was 1 MGA = 0.35440919 RWF on . These statements describe the selected data only and are not a forecast.
Historical Context
Understanding MGA/RWF historical data
MGA/RWF records how many rwandan franc 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; 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 These are historical reference observations, not intraday transaction prices, forecasts or evidence that a single factor caused a particular change.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.