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1 EUR to MGAEuro → Malagasy Ariary
On 2026-10-29, 1 Euro (EUR) = 5,091.80 Malagasy Ariary (MGA) at the mid-market rate. Conversely, 1 MGA = 0.0001964 EUR. Over the last 30 days the EUR/MGA rate moved between 4,966.44 and 5,118.27, a change of +2.12%.
This page shows the live mid-market rate from Euro (EUR) to Malagasy Ariary (MGA), its history over the past year and ready-made conversion tables. Rates are updated twice a day; banks and card networks usually add a margin on top.
EUR/MGA exchange rate chart
EUR/MGA went from 4,995.48 on Sep 30, 2026 to 5,091.80 on Oct 29, 2026 (+1.93 %). Highest: 5,118.27 (Oct 25, 2026); lowest: 4,966.44 (Oct 6, 2026).
EUR/MGA exchange rate analysis
Over the last 30 days the EUR/MGA rate rose (+2.12%): the EUR gained ground against the MGA. Over the past 12 months it ranged from 4,759.61 (2026-03-14) to 5,400.81 (2026-01-02), with an average of 5,029.34. Today's rate is 1.24% above its one-year average: 1 EUR buys more MGA than usual. Day-to-day movements are moderate (average daily change of 0.57%). The largest daily move of the last 30 days was +1.21% on 2026-10-18.
| Period | Date | 1 EUR = | Change |
|---|---|---|---|
| 1 week ago | 5,080.37 MGA | +0.22% | |
| 1 month ago | 4,986.33 MGA | +2.12% | |
| 3 months ago | 4,944.50 MGA | +2.98% | |
| 6 months ago | 4,842.46 MGA | +5.15% | |
| 1 year ago | 5,208.80 MGA | -2.25% |
EUR/MGA · last 10 days
| Date | 1 EUR = | 1 MGA = |
|---|---|---|
| 5,091.80 MGA | 0.0001964 EUR | |
| 5,093.93 MGA | 0.0001963 EUR | |
| 5,074.10 MGA | 0.0001971 EUR | |
| 5,059.69 MGA | 0.0001976 EUR | |
| 5,118.27 MGA | 0.0001954 EUR | |
| 5,062.18 MGA | 0.0001975 EUR | |
| 5,083.40 MGA | 0.0001967 EUR | |
| 5,080.37 MGA | 0.0001968 EUR | |
| 5,116.38 MGA | 0.0001955 EUR | |
| 5,106.33 MGA | 0.0001958 EUR |
Euro to Malagasy Ariary
Malagasy Ariary to Euro
Frequently asked questions
How much is 1 EUR in MGA today?
1 Euro is worth 5,091.80 Malagasy Ariary at the mid-market rate of 2026-10-29. 1 Malagasy Ariary is worth 0.0001964 Euro.
How much is 100 EUR in MGA?
100 EUR = 509,180.06 MGA, and 100 MGA = 0.01964 EUR (rate of 2026-10-29).
How has the EUR to MGA rate changed over the last month?
Over 30 days the rate went from 4,986.33 to 5,091.80 (+2.12%). The 30-day high was 5,118.27 and the low was 4,966.44.
How has the EUR to MGA rate changed this week?
One week ago 1 EUR was worth 5,080.37 MGA; today it is worth 5,091.80 MGA (+0.22%).
What was the best EUR to MGA rate in the past year?
The highest rate of the past 12 months was 1 EUR = 5,400.81 MGA on 2026-01-02; the lowest was 4,759.61 MGA on 2026-03-14.
Where does this exchange rate come from?
XeConvert publishes daily mid-market reference rates aggregated from public market data and central bank sources. Banks, card issuers and exchange offices add a margin, so the rate you actually get may be slightly different.
Euro to other currencies
About the Euro (EUR)
The Euro is used in 34 countries and territories, including France, Spain, Germany, Finland, Italy, Greece. Symbol: €. ISO 4217 code: EUR.
All Euro (EUR) exchange rates →About the Malagasy Ariary (MGA)
The Malagasy Ariary is the official currency of Madagascar. Symbol: MGA. ISO 4217 code: MGA.
All Malagasy Ariary (MGA) exchange rates →