Updated

1 MGA to EUR - Convert Malagasy Ariarys to Euros

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

MGA/EUR Converter

Indicative rates
1 MGA = 0.0001969 EUR1 EUR = 5,079.1985 MGA
Send MGA to EUR

Sponsored link. We may earn a commission if you use this provider.

Indicative market rates. Banks and transfer providers may add fees or a margin.

Free to use No sign-up

MGA to EUR Exchange Rate Chart

Explore MGA to EUR 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.

1 MGA = 0.0001969 EUR

MGA to EUR Exchange Rate Chart0.00019480.00019810.00020150.000204831 Jul13 Sep28 Oct
2026-07-31 — 2026-10-28 · MGA/EUR
High0.0002038
Low0.0001958
Average0.0001999

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

1 MGA to EUR 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 EUR statistics
1 MGA → EURLast 30 daysLast 90 days
High0.00020170.0002038
Low0.00019580.0001958
Average0.00019880.0001999
Change-1.69%-2.91%

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 0.0001958 to 0.0002017 EUR, with an average daily close of 0.0001988 EUR. The rate fell by 1.69% between the first and last recorded closes.

Based on 25 recorded daily closes, from 2026-09-29 to 2026-10-27.

Last 90 days

Over this period, 1 MGA ranged from 0.0001958 to 0.0002038 EUR, with an average daily close of 0.0001999 EUR. The rate fell by 2.91% between the first and last recorded closes.

Based on 76 recorded daily closes, from 2026-07-31 to 2026-10-27.

View exchange rate chart

MGA to EUR Conversion Table

MGA → EUR

MGAEUR
0.0001969 EUR
0.0009844 EUR
0.001969 EUR
0.003938 EUR
0.009844 EUR
0.0197 EUR
0.0984 EUR
0.1969 EUR
0.9844 EUR
1.9688 EUR

EUR → MGA

EURMGA
5,079.1985 MGA
25,395.9923 MGA
50,791.9846 MGA
101,583.9692 MGA
253,959.9230 MGA
507,919.8460 MGA
2,539,599.2302 MGA
5,079,198.4604 MGA
25,395,992.3019 MGA
50,791,984.6037 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 ↗

About Euro EUR

The euro is a shared currency. The European Central Bank and the national central banks in the Eurosystem are responsible for monetary policy and the currency. EUR identifies the euro in international payments and exchange-rate quotations.

ISO 4217
EUR
Symbol
€
Numeric code
978
ISO decimal places
2
Countries and territories
Åland Islands, Andorra, Austria, Belgium, Bulgaria, Croatia, Cyprus, Estonia, European Union, Finland, France, French Guiana, French Southern Territories, Germany, Greece, Guadeloupe, Holy See, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Martinique, Mayotte, Monaco, Montenegro, Netherlands, Portugal, Réunion, Saint Barthélemy, Saint Martin (French Part), Saint Pierre and Miquelon, San Marino, Slovakia, Slovenia, Spain
Region
Europe
Currency status
Current currency
Central bank / issuing authority
European Central Bank ↗

Understanding this conversion

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

1 MGA = 0.0001969 EUR · 1 EUR = 5,079.1985 MGA

Reference data reviewed 27 Oct 2026 · ISO 4217 / SIX

About these rates

Indicative market rates. Banks and transfer providers may add fees or a margin.

Amount × Exchange rate = To