Historical Exchange Rates
MXN to MGA Historical Exchange Rates
Review date-based historical exchange-rate data for Mexican Peso and Malagasy Ariary. 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
MXN/MGA range data
1 MXN = 246.425417 MGA on
Monthly and annual reference summary
Calculated from available daily provider observations for 2026-10 and 2026.
| Date | Rate |
|---|---|
| 2026-09-29 | 1 MXN = 245.190371 MGA |
| 2026-09-30 | 1 MXN = 244.077548 MGA |
| 2026-10-01 | 1 MXN = 242.736035 MGA |
| 2026-10-02 | 1 MXN = 243.171724 MGA |
| 2026-10-05 | 1 MXN = 244.496041 MGA |
| 2026-10-06 | 1 MXN = 245.885076 MGA |
| 2026-10-07 | 1 MXN = 247.024566 MGA |
| 2026-10-08 | 1 MXN = 247.394762 MGA |
| 2026-10-09 | 1 MXN = 245.446455 MGA |
| 2026-10-12 | 1 MXN = 245.643858 MGA |
| 2026-10-13 | 1 MXN = 246.374739 MGA |
| 2026-10-14 | 1 MXN = 245.550111 MGA |
| 2026-10-15 | 1 MXN = 244.570166 MGA |
| 2026-10-16 | 1 MXN = 246.082207 MGA |
| 2026-10-19 | 1 MXN = 246.425417 MGA |
Historical trend summary
Observed changes in MXN/MGA
Across 21 provider observations from to , MXN/MGA finished below its first observation. The observed change was -3.13%.
The lowest observed rate was 1 MXN = 242.736035 MGA on . The highest was 1 MXN = 254.37593 MGA on . These statements describe the selected data only and are not a forecast.
Historical Context
Understanding MXN/MGA historical data
MXN/MGA records how many malagasy ariary units one mexican peso represented at each provider publication. Mexican Peso is associated with Mexico, while Malagasy Ariary is associated with Madagascar. 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 These are historical reference observations, not intraday transaction prices, forecasts or evidence that a single factor caused a particular change.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.