1 MGA to EUR Exchange Rate Today — Convert Malagasy Ariary to Euro

1 MGA to EUR is 0.000198998. Type your Malagasy Ariary amount and this MGA to EUR currency converter shows the live exchange rate and Converted Amount in Euros — the same mid-market rate banks quote, not a marked-up one. Hit swap for EUR to MGA. See the live New Zealand Dollar to Chinese Yuan rate too.


MGA
EUR
# 1 MGA = 0.000198998 EUR
Last updated: 2026-09-21 03:42:47 UTC
Use our currency converter for quick Malagasy Ariary to Euro exchange rate conversions.

Current MGA to EUR Exchange Rate — Live Mid-Market Rate

As of 2026-09-21 03:42:47 UTC, 1 Malagasy Ariary (MGA) equals 0.000198998 Euro (EUR). That's the MGA to EUR mid-market rate — the midpoint between the global buy and sell price, before any bank markup or transfer spread. It's the fairest benchmark for a Malagasy Ariary to Euro money transfer, remittance or travel-money budget. See the convert cve to lrd too.

Quoted in € to 2 decimal places, it's the same interbank MGA/EUR rate the forex market references — so you know exactly how much 1 MGA is worth in Euro today. In symbol terms that's MGA to €, using the ISO 4217 codes MGA and EUR. The Euro is the official currency of AD, while the Malagasy Ariary is the money of MG.

Over the past 30 days the MGA has strengthened against the Euro.

Malagasy Ariary to Euro Exchange Rate Chart — 1-Year Weekly Trend

This Malagasy Ariary to Euro exchange rate chart plots the estimated weekly MGA/EUR trend over the past year, so you can see how the currency pair has moved beyond today's live mid-market rate. See the Fijian Dollar to Philippine Peso price too.

Read it alongside the currency converter above to judge whether the MGA is trading strong or weak against the Euro before you exchange money, send a transfer or plan a forex trade — in other words, how many Euros a single Malagasy Ariary buys week to week. Longer swings in this pair usually track Malagasy Ariary and Euro central bank policy, inflation and forex demand.

Over the last 90 days the rate has trended upward (+6.83%).

MGA to Euro Conversion Table — Common Amounts

The MGA to EUR conversion table below lists common amounts — from 1 to 9,998 — converted both ways at today's rate, so you can check 1 MGA in EUR or a full transfer amount at a glance. Each row shows the Malagasy Ariaries to Euros value and the reverse EUR to MGA rate — handy for quick currency-calculator checks without retyping. Want to compare a different pair? See the pgk to npr currency converter.

Planning to send money, wire a bank transfer or just sanity-check MGA to € before you travel? The amounts below cover it.

Amount (MGA)MGA to EUR Exchange RateAmount (EUR)EUR to MGA Exchange Rate
1 MGA0.0002 EUR1 EUR5025.16605 MGA
8 MGA0.00159 EUR8 EUR40201.32836 MGA
18 MGA0.00358 EUR18 EUR90452.98881 MGA
28 MGA0.00557 EUR28 EUR140704.64927 MGA
48 MGA0.00955 EUR48 EUR241207.97017 MGA
98 MGA0.0195 EUR98 EUR492466.27243 MGA
198 MGA0.0394 EUR198 EUR994982.87696 MGA
398 MGA0.0792 EUR398 EUR2000016.086 MGA
798 MGA0.1588 EUR798 EUR4010082.50409 MGA
1598 MGA0.318 EUR1598 EUR8030215.34028 MGA
3198 MGA0.6364 EUR3198 EUR16070481.01264 MGA
6398 MGA1.27319 EUR6398 EUR32151012.35738 MGA
7998 MGA1.59159 EUR7998 EUR40191278.02974 MGA
8998 MGA1.79059 EUR8998 EUR45216444.07497 MGA
9998 MGA1.98959 EUR9998 EUR50241610.1202 MGA

Malagasy Ariary to EUR Rate Statistics — 7, 30 & 90-Day High, Low & Volatility

These MGA/EUR exchange rate statistics summarise the estimated high, low, average and volatility for the Malagasy Ariary to Euro pair over the last 7, 30 and 90 days — the kind of forex snapshot traders and remittance senders use to time a conversion and gauge how much the EUR rate typically swings around the interbank benchmark.

Because banks and money-transfer providers add a markup on top of this bank rate, watching the MGA/EUR range — nudged by central bank decisions — helps you spot a good day to exchange.

Over the last 7 days, MGA to EUR moved between 0.0002 and 0.0002. The average was 0.0002 with 2.24% volatility. Over the last 30 days, MGA to EUR moved between 0.0002 and 0.0002. The average was 0.0002 with 5.50% volatility. Over the last 90 days, MGA to EUR moved between 0.0002 and 0.0002. The average was 0.0002 with 10.53% volatility.

MetricLast 7 DaysLast 30 DaysLast 90 Days
High0.00020.00020.0002
Low0.00020.00020.0002
Average0.00020.00020.0002
Change-2.22%+1.62%+6.83%
Volatility2.24%5.50%10.53%

Using the Malagasy Ariary (MGA) to Euro (EUR) Currency Converter

To use this Malagasy Ariary to Euro currency converter, enter the Malagasy Ariary amount and pick Euro as the target. The currency calculator (or conversion calculator) applies the real-time MGA/EUR exchange rate and shows the equivalent in Euros instantly — answering how much is Malagasy Ariary in Euro the moment you type.

Tap swap to flip it into a EUR to MGA converter. It's built for planning international money transfers and SWIFT wire payments, working out how much to send money abroad or overseas, budgeting travel money, comparing remittance quotes or checking a foreign exchange (forex) trade.

Key Features of the MGA/EUR Currency Converter

Here's what makes this MGA to EUR currency converter reliable for everyday exchange-rate checks, money transfers and forex planning:

  • Real-Time Data: The converter pulls the latest Malagasy Ariary to EUR mid-market exchange rate, so the numbers you see reflect today's live market.
  • User-Friendly Interface: Enter an amount and convert between this currency pair in seconds.
  • Reliable Source: Rates are sourced from established financial data providers, the same ones banks and traders reference.
  • Both Directions: Convert Malagasy Ariaries to Euros and flip straight back to EUR → MGA — one tool for the whole MGA/EUR pair.
  • Travel & Transfer Ready: Handy for ordering Euro banknotes, sending a wire transfer, or comparing the ISO 4217 pair MGA and EUR before a forex trade.