On 2026-10-21, 1 Malagasy Ariary (MGA) = 33.2111 ECash (XEC) at the mid-market rate. Conversely, 1 XEC = 0.03011 MGA. Over the last 30 days the MGA/XEC rate moved between 24.2755 and 34.7501, a change of +13.08%.
This page shows the live mid-market rate from Malagasy Ariary (MGA) to ECash (XEC), 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.
Over the last 30 days the MGA/XEC rate rose sharply (+13.08%): the MGA strengthened markedly against the XEC. Over the past 12 months it ranged from 13.9841 (2025-10-27) to 47.4725 (2026-07-01), with an average of 30.0291. Today's rate is 10.60% above its one-year average: 1 MGA buys more XEC than usual. Day-to-day movements are large (average daily change of 2.72%), so the amount received can vary noticeably from one day to the next. The largest daily move of the last 30 days was -11.79% on 2026-09-22.
| Period | Date | 1 MGA = | Change |
|---|---|---|---|
| 1 week ago | 2026-10-14 | 31.7883 XEC | +4.48% |
| 1 month ago | 2026-09-21 | 29.3686 XEC | +13.08% |
| 3 months ago | 2026-07-18 | 30.6390 XEC | +8.39% |
| 6 months ago | 2026-04-22 | 33.4406 XEC | -0.69% |
| 1 year ago | 2025-10-21 | 15.2613 XEC | +117.62% |
| Date | Malagasy Ariary | ECash |
|---|---|---|
| Wednesday, 10/21/2026 | 1 MGA = | 33.21108861 XEC |
| Tuesday, 10/20/2026 | 1 MGA = | 33.76239126 XEC |
| Monday, 10/19/2026 | 1 MGA = | 34.75011469 XEC |
| Sunday, 10/18/2026 | 1 MGA = | 33.97495983 XEC |
| Saturday, 10/17/2026 | 1 MGA = | 33.55319403 XEC |
| Friday, 10/16/2026 | 1 MGA = | 33.44512072 XEC |
| Thursday, 10/15/2026 | 1 MGA = | 34.57705078 XEC |
| Wednesday, 10/14/2026 | 1 MGA = | 31.78825047 XEC |
| Tuesday, 10/13/2026 | 1 MGA = | 31.25370594 XEC |
| Monday, 10/12/2026 | 1 MGA = | 30.73935067 XEC |
| MGA | XEC | MGA | XEC |
|---|---|---|---|
| 5 MGA = | 166.0554 XEC | 0.1506 MGA = | 5 XEC |
| 10 MGA = | 332.1109 XEC | 0.3011 MGA = | 10 XEC |
| 20 MGA = | 664.2218 XEC | 0.6022 MGA = | 20 XEC |
| 50 MGA = | 1660.5544 XEC | 1.5055 MGA = | 50 XEC |
| 100 MGA = | 3321.1089 XEC | 3.0110 MGA = | 100 XEC |
| 300 MGA = | 9963.3266 XEC | 9.0331 MGA = | 300 XEC |
| 500 MGA = | 16605.5443 XEC | 15.0552 MGA = | 500 XEC |
| 1000 MGA = | 33211.0886 XEC | 30.1104 MGA = | 1000 XEC |
1 Malagasy Ariary is worth 33.2111 ECash at the mid-market rate of 2026-10-21. 1 ECash is worth 0.03011 Malagasy Ariary.
100 MGA = 3,321.11 XEC, and 100 XEC = 3.0110 MGA (rate of 2026-10-21).
Over 30 days the rate went from 29.3686 to 33.2111 (+13.08%). The 30-day high was 34.7501 and the low was 24.2755.
One week ago 1 MGA was worth 31.7883 XEC; today it is worth 33.2111 XEC (+4.48%).
The highest rate of the past 12 months was 1 MGA = 47.4725 XEC on 2026-07-01; the lowest was 13.9841 XEC on 2025-10-27.
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.
The Malagasy Ariary is the official currency of Madagascar. Symbol: MGA. ISO 4217 code: MGA.
All Malagasy Ariary (MGA) exchange rates →