Historical Exchange Rates
PAB to MGA Historical Exchange Rates
Review date-based historical exchange-rate data for Panamanian Balboa and Malagasy Ariary. This page is designed for historical lookup, not current conversion.
Showing the 3M range. Providers may omit weekends, holidays or dates without published data.
Data source: Frankfurter | Rate date:
Historical Chart
PAB/MGA range data
1 PAB = 4,549.4283 MGA on
Monthly and annual reference summary
Calculated from available daily provider observations for 2026-10 and 2026.
| Date | Rate |
|---|---|
| 2026-09-29 | 1 PAB = 4,392.5245 MGA |
| 2026-09-30 | 1 PAB = 4,407.9145 MGA |
| 2026-10-01 | 1 PAB = 4,398.2356 MGA |
| 2026-10-02 | 1 PAB = 4,410.1233 MGA |
| 2026-10-05 | 1 PAB = 4,427.7999 MGA |
| 2026-10-06 | 1 PAB = 4,422.666 MGA |
| 2026-10-07 | 1 PAB = 4,451.8992 MGA |
| 2026-10-08 | 1 PAB = 4,461.8353 MGA |
| 2026-10-09 | 1 PAB = 4,470.7319 MGA |
| 2026-10-12 | 1 PAB = 4,499.5502 MGA |
| 2026-10-13 | 1 PAB = 4,512.0176 MGA |
| 2026-10-14 | 1 PAB = 4,515.2 MGA |
| 2026-10-15 | 1 PAB = 4,520.9611 MGA |
| 2026-10-16 | 1 PAB = 4,545.2332 MGA |
| 2026-10-19 | 1 PAB = 4,549.4283 MGA |
Historical trend summary
Observed changes in PAB/MGA
Across 64 provider observations from to , PAB/MGA finished above its first observation. The observed change was +6.20%.
The lowest observed rate was 1 PAB = 4,283.91 MGA on . The highest was 1 PAB = 4,549.4283 MGA on . These statements describe the selected data only and are not a forecast.
Historical Context
Understanding PAB/MGA historical data
PAB/MGA records how many malagasy ariary units one panamanian balboa represented at each provider publication. Panamanian Balboa is associated with Panama, 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: Fixed at parity with the US dollar; 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 These are historical reference observations, not intraday transaction prices, forecasts or evidence that a single factor caused a particular change.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.