CURRENCYHUB

Historical Exchange Rates

ZAR to MGA Historical Exchange Rates

Review date-based historical exchange-rate data for South African Rand 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 30D range. Providers may omit weekends, holidays or dates without published data.

Requested dateRange view
Actual published date
Reference rate1 ZAR = 276.84142 MGA
Converted amount276.8414 MGA

Data source: Frankfurter | Rate date:

Historical Chart

ZAR/MGA range data

Historical result1 ZAR = 276.8414 MGA

1 ZAR = 276.84142 MGA on

High276.84142
Low266.948775
Average270.36906
Change+2.68%

Monthly and annual reference summary

Calculated from available daily provider observations for 2026-10 and 2026.

Monthly average271.03400613 observations
Annual average262.725767204 observations
Month-end published rate276.841422026-10-19
Most recent available rows
DateRate
2026-09-291 ZAR = 268.23472 MGA
2026-09-301 ZAR = 269.22701 MGA
2026-10-011 ZAR = 267.828267 MGA
2026-10-021 ZAR = 266.948775 MGA
2026-10-051 ZAR = 267.062917 MGA
2026-10-061 ZAR = 267.587765 MGA
2026-10-071 ZAR = 268.352173 MGA
2026-10-081 ZAR = 268.617681 MGA
2026-10-091 ZAR = 270.17633 MGA
2026-10-121 ZAR = 272.559658 MGA
2026-10-131 ZAR = 273.89043 MGA
2026-10-141 ZAR = 274.073714 MGA
2026-10-151 ZAR = 273.705384 MGA
2026-10-161 ZAR = 275.797568 MGA
2026-10-191 ZAR = 276.84142 MGA

Historical trend summary

Observed changes in ZAR/MGA

30 days+2.68% to
3 months+6.09% to

Across 21 provider observations from to , ZAR/MGA finished above its first observation. The observed change was +2.68%.

The lowest observed rate was 1 ZAR = 266.948775 MGA on . The highest was 1 ZAR = 276.84142 MGA on . These statements describe the selected data only and are not a forecast.

Historical Context

Understanding ZAR/MGA historical data

ZAR/MGA records how many malagasy ariary units one south african rand 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.