CURRENCYHUB

Historical Exchange Rates

TOP to MGA Historical Exchange Rates

Review date-based historical exchange-rate data for Tongan Paʻanga and Malagasy Ariary. This page is designed for historical lookup, not current conversion.

1. Choose currencies
2. Choose a date or range
3. Enter an amount

Showing the 3M range. Providers may omit weekends, holidays or dates without published data.

Requested dateRange view
Actual published date
Reference rate1 TOP = 1,798.2314 MGA
Converted amount1,798.23 MGA

Data source: Frankfurter | Rate date:

Historical Chart

TOP/MGA range data

Historical result1 TOP = 1,798.23 MGA

1 TOP = 1,798.2314 MGA on

High1,809.6226
Low1,755.7223
Average1,780.5171
Change+2.00%

Monthly and annual reference summary

Calculated from available daily provider observations for 2026-07 and 2026.

Monthly average1,790.443120 observations
Annual average1,802.8677145 observations
Month-end published rate1,798.23142026-07-28
Most recent available rows
DateRate
2026-07-081 TOP = 1,775.9596 MGA
2026-07-091 TOP = 1,775.7867 MGA
2026-07-101 TOP = 1,778.7448 MGA
2026-07-131 TOP = 1,785.5015 MGA
2026-07-141 TOP = 1,781.5323 MGA
2026-07-151 TOP = 1,791.4667 MGA
2026-07-161 TOP = 1,807.2964 MGA
2026-07-171 TOP = 1,797.097 MGA
2026-07-201 TOP = 1,797.2577 MGA
2026-07-211 TOP = 1,809.6226 MGA
2026-07-221 TOP = 1,802.7993 MGA
2026-07-231 TOP = 1,800.9341 MGA
2026-07-241 TOP = 1,804.9958 MGA
2026-07-271 TOP = 1,795.6806 MGA
2026-07-281 TOP = 1,798.2314 MGA

Historical trend summary

Observed changes in TOP/MGA

30 days+1.60% to
3 months+1.94% to

Across 63 provider observations from to , TOP/MGA finished above its first observation. The observed change was +2.00%.

The lowest observed rate was 1 TOP = 1,755.7223 MGA on . The highest was 1 TOP = 1,809.6226 MGA on . These statements describe the selected data only and are not a forecast.

Historical Context

Understanding TOP/MGA historical data

TOP/MGA records how many malagasy ariary units one tongan paʻanga represented at each provider publication. Tongan Paʻanga is associated with Tonga, 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.