MGA/EUR exchange rate
At the latest update, 1 MGA equals 0.0002041813 EUR. Over the last 30 days, the observed reference rate ranged from 0.0001983123 to 0.0002057818, with an average of 0.0002038682.
Malagasy Ariary to Euro
1 MGA = 0.0002 EUR▲ 1.12% today
Mid-market rate · 1 EUR = 4897.6082 MGAMGA1,000.00
⇄EUR0.20
You get
0.2
1 MGA = 0.0002 EUR· 1 EUR = 4897.6082 MGA
Open MGA/EUR page Informational mid-market rate · no provider fees included
MGA / EUR — last 30 days
30d low: 0.0002Average: 0.000230d high: 0.0002Now 1.6% below average
Popular conversions
| MGA 1 | €0.00 |
| MGA 100 | €0.02 |
| MGA 250 | €0.05 |
| MGA 500 | €0.10 |
| MGA 1,000 | €0.20 |
| MGA 5,000 | €1.02 |
About Malagasy Ariary (MGA)
Malagasy Ariary is the base currency in this conversion. The quoted rate shows how many EUR one MGA buys.
About Euro (EUR)
Euro is the quote currency. The converter result shows the reference amount in EUR before provider fees or exchange-rate markup.
What can move the MGA/EUR rate
Exchange rates can change with central-bank policy, inflation, economic data, trade flows, market liquidity and broader risk sentiment.
Mid-market rate vs transfer provider rate
This converter uses a reference mid-market rate. A money transfer provider may apply a fee or exchange-rate markup, so the recipient payout can differ from the calculated amount. Compare the final amount delivered before choosing a service.
Frequently asked questions
How much is 1 MGA in EUR?
At the latest update, 1 MGA equals 0.0002041813 EUR at the reference mid-market rate.
What is the reverse EUR to MGA rate?
At the latest update, 1 EUR equals 4897.6081551053 MGA at the reference mid-market rate.
Is the MGA/EUR rate the same as a transfer provider's rate?
Not always. Providers may add a fee or exchange-rate markup, so compare the final recipient payout with the reference rate shown here.