Updated 28 Oct 2026, 00:58 UTC

1 MGA to ETB - Convert Malagasy Ariarys to Ethiopian Birrs

Get the latest 1 Malagasy Ariary to Ethiopian Birr exchange rate. Convert MGA to ETB, view historical charts and learn about both currencies on Currency.me.uk.

MGA/ETB Converter

Indicative rates

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1 MGA = 0.0355 ETB1 ETB = 28.1893 MGA

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MGA to ETB Exchange Rate Chart

Explore MGA to ETB daily closing rates. Choose a range from seven days to ten years to see how the exchange rate has changed, where historical data is available.

2026-07-31 — 2026-10-28 · MGA/ETB

High0.0381

Low0.0358

Average0.0372

Daily closing rates. Gaps in the plotted line carry forward the previous close; statistics use recorded observations only.

1 MGA to ETB statistics

Compare the high, low and average daily closing rates over the last 30 and 90 days, alongside the percentage change in each period.

1 MGA to ETB statistics
1 MGA → ETB	Last 30 days	Last 90 days
High	0.0372	0.0381
Low	0.0358	0.0358
Average	0.0364	0.0372
Change	-3.42%	-4.13%

Change compares the first and last recorded closes in each window. Averages use recorded observations only; filled chart gaps are excluded. Dates are UTC.

Last 30 days

Over this period, 1 MGA ranged from 0.0358 to 0.0372 ETB, with an average daily close of 0.0364 ETB. The rate fell by 3.42% between the first and last recorded closes.

Based on 24 recorded daily closes, from 2026-09-29 to 2026-10-26.

Last 90 days

Over this period, 1 MGA ranged from 0.0358 to 0.0381 ETB, with an average daily close of 0.0372 ETB. The rate fell by 4.13% between the first and last recorded closes.

Based on 75 recorded daily closes, from 2026-07-31 to 2026-10-26.

View exchange rate chart

MGA to ETB Conversion Table

MGA → ETB

MGA	ETB
	0.0355 ETB
	0.1774 ETB
	0.3547 ETB
	0.7095 ETB
	1.7737 ETB
	3.5475 ETB
	17.7373 ETB
	35.4745 ETB
	177.3726 ETB
	354.7451 ETB

ETB → MGA

ETB	MGA
	28.1893 MGA
	140.9463 MGA
	281.8925 MGA
	563.7850 MGA
	1,409.4626 MGA
	2,818.9252 MGA
	14,094.6258 MGA
	28,189.2517 MGA
	140,946.2584 MGA
	281,892.5168 MGA

Currency information

Currency codes, issuing authorities and reference facts for your conversion.

About Malagasy Ariary MGA

Malagasy Ariary is identified by the international currency code MGA. Use the code when checking a quote or making a payment, as names and symbols can be shared by different currencies.

ISO 4217: MGA
Symbol: Ar
Numeric code: 969
ISO decimal places: 2
Countries and territories: Madagascar
Region: Africa
Currency status: Current currency
Central bank / issuing authority: Central Bank of Madagascar ↗

MGA exchange rates →Official currency reference ↗

About Ethiopian Birr ETB

Ethiopian Birr is identified by the international currency code ETB. Use the code when checking a quote or making a payment, as names and symbols can be shared by different currencies.

ISO 4217: ETB
Symbol: Br
Numeric code: 230
ISO decimal places: 2
Countries and territories: Ethiopia
Region: Africa
Currency status: Current currency
Central bank / issuing authority: National Bank of Ethiopia ↗

ETB exchange rates →Official currency reference ↗

Understanding this conversion

Multiply an amount in MGA by the MGA/ETB rate to get its market-rate equivalent in ETB. Divide by that rate to convert back. A bank or provider may quote a different rate or charge fees.

1 MGA = 0.0355 ETB · 1 ETB = 28.1893 MGA

View exchange rate chart Reverse conversion

Reference data reviewed 27 Oct 2026 · ISO 4217 / SIX