Historical Exchange Rates
MGA to ZAR Historical Exchange Rates
Review date-based historical exchange-rate data for Malagasy Ariary and South African Rand. 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/ZAR range data
1 MGA = 0.0039216347 ZAR on
Monthly and annual reference summary
Calculated from available daily provider observations for 2026-07 and 2026.
| Date | Rate |
|---|---|
| 2026-07-08 | 1 MGA = 0.0038471267 ZAR |
| 2026-07-09 | 1 MGA = 0.0038605374 ZAR |
| 2026-07-10 | 1 MGA = 0.0038375518 ZAR |
| 2026-07-13 | 1 MGA = 0.003840958 ZAR |
| 2026-07-14 | 1 MGA = 0.003859576 ZAR |
| 2026-07-15 | 1 MGA = 0.0038468082 ZAR |
| 2026-07-16 | 1 MGA = 0.0038202008 ZAR |
| 2026-07-17 | 1 MGA = 0.003858074 ZAR |
| 2026-07-20 | 1 MGA = 0.0038658088 ZAR |
| 2026-07-21 | 1 MGA = 0.0038293658 ZAR |
| 2026-07-22 | 1 MGA = 0.0038362446 ZAR |
| 2026-07-23 | 1 MGA = 0.0038498617 ZAR |
| 2026-07-24 | 1 MGA = 0.0038952636 ZAR |
| 2026-07-27 | 1 MGA = 0.0039275782 ZAR |
| 2026-07-28 | 1 MGA = 0.0039216347 ZAR |
Historical trend summary
Observed changes in MGA/ZAR
Across 22 provider observations from to , MGA/ZAR finished above its first observation. The observed change was +0.89%.
The lowest observed rate was 1 MGA = 0.0038061919 ZAR on . The highest was 1 MGA = 0.0039275782 ZAR on . These statements describe the selected data only and are not a forecast.
Historical Context
Understanding MGA/ZAR historical data
MGA/ZAR records how many south african rand 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. These are historical reference observations, not intraday transaction prices, forecasts or evidence that a single factor caused a particular change.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.