Historical Exchange Rates
ZMW to MGA Historical Exchange Rates
Review date-based historical exchange-rate data for Zambian Kwacha 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
ZMW/MGA range data
1 ZMW = 226.926996 MGA on
Monthly and annual reference summary
Calculated from available daily provider observations for 2026-10 and 2026.
| Date | Rate |
|---|---|
| 2026-10-06 | 1 ZMW = 223.983697 MGA |
| 2026-10-07 | 1 ZMW = 224.212005 MGA |
| 2026-10-08 | 1 ZMW = 224.47397 MGA |
| 2026-10-09 | 1 ZMW = 224.52286 MGA |
| 2026-10-12 | 1 ZMW = 225.570522 MGA |
| 2026-10-13 | 1 ZMW = 226.775341 MGA |
| 2026-10-14 | 1 ZMW = 226.46544 MGA |
| 2026-10-15 | 1 ZMW = 226.192932 MGA |
| 2026-10-16 | 1 ZMW = 227.041026 MGA |
| 2026-10-19 | 1 ZMW = 227.035392 MGA |
| 2026-10-20 | 1 ZMW = 227.049556 MGA |
| 2026-10-21 | 1 ZMW = 227.842971 MGA |
| 2026-10-22 | 1 ZMW = 227.470533 MGA |
| 2026-10-23 | 1 ZMW = 225.198953 MGA |
| 2026-10-26 | 1 ZMW = 226.926996 MGA |
Historical trend summary
Observed changes in ZMW/MGA
Across 21 provider observations from to , ZMW/MGA finished above its first observation. The observed change was +0.88%.
The lowest observed rate was 1 ZMW = 223.983697 MGA on . The highest was 1 ZMW = 227.842971 MGA on . These statements describe the selected data only and are not a forecast.
Historical Context
Understanding ZMW/MGA historical data
ZMW/MGA records how many malagasy ariary units one zambian kwacha 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 These are historical reference observations, not intraday transaction prices, forecasts or evidence that a single factor caused a particular change.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.