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 1Y range. Providers may omit weekends, holidays or dates without published data.
Data source: Frankfurter | Rate date:
Historical Chart
MXN/MGA range data
1 MXN = 245.263405 MGA on
Monthly and annual reference summary
Calculated from available daily provider observations for 2026-07 and 2026.
| Date | Rate |
|---|---|
| 2026-07-09 | 1 MXN = 241.384083 MGA |
| 2026-07-10 | 1 MXN = 242.620705 MGA |
| 2026-07-13 | 1 MXN = 243.156517 MGA |
| 2026-07-14 | 1 MXN = 243.032109 MGA |
| 2026-07-15 | 1 MXN = 244.097537 MGA |
| 2026-07-16 | 1 MXN = 245.636729 MGA |
| 2026-07-17 | 1 MXN = 243.686026 MGA |
| 2026-07-20 | 1 MXN = 243.738664 MGA |
| 2026-07-21 | 1 MXN = 246.460609 MGA |
| 2026-07-22 | 1 MXN = 246.008076 MGA |
| 2026-07-23 | 1 MXN = 245.089247 MGA |
| 2026-07-24 | 1 MXN = 245.406219 MGA |
| 2026-07-27 | 1 MXN = 244.081476 MGA |
| 2026-07-28 | 1 MXN = 244.5991 MGA |
| 2026-07-29 | 1 MXN = 245.263405 MGA |
Historical trend summary
Observed changes in MXN/MGA
Across 255 provider observations from to , MXN/MGA finished above its first observation. The observed change was +3.85%.
The lowest observed rate was 1 MXN = 230.953592 MGA on . The highest was 1 MXN = 260.687333 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 These are historical reference observations, not intraday transaction prices, forecasts or evidence that a single factor caused a particular change.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.