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EUR to MGA Exchange Rates & Currency Deals

EUR-MGA Rate Calculator

 
 
   

Understanding the Table:

The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.

To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.

 
 
   

EUR to MGA Market Data

Euro (EUR) to Malagasy ariary (MGA) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell EUR   →   Buy MGA
1 EUR = 5,385.3 MGA
1d+0.1%
90dHighs
EUR to MGA is at 90-day highs near 5390, 3.1% above its 3-month average of 5229, having traded in a quite stable 4.7% range from 5149 to 5390
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Tracker

Is the EUR to MGA Exchange Rate Likely to Improve?

Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Euro against the Malagasy ariary is to review how the EUR/MGA rate has changed over time.

The table below shows the percentage change in the EUR to MGA exchange rate across various timeframes—from the past 2 weeks to the last 20 years:

DateEUR/MGAChangePeriod
07 Jul 2023
4974.44
0.1% 2 Week
22 Apr 2023
4893.56
1.6% 3 Month
21 Jul 2022
4299.42
15.6% 1 Year
22 Jul 2018
3938.37
26.2% 5 Year
23 Jul 2013
2902.65
71.2% 10 Year
EUR/MGA historic rates & change to 21-Jul-2023

Currency Forecasts related to EUR/MGA

EUR to USD 2025 Forecasts

The EUR/USD exchange rate has recently faced downward pressure due to several macroeconomic factors affecting both currencies.

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EUR to JPY 2025 Forecasts

The recent outlook for the EUR to JPY exchange rate reflects a mix of central bank actions, inflation dynamics, and geopolitical factors impacting both currencies.

Read forecast

 

EUR to MGA Conversion: What Is Your Money Worth?

To help you understand the real-world value of the current exchange rate, the table below shows how much Euro are worth in Malagasy ariary across a range of amounts.

This gives a quick view of what you’d get when converting different EUR amounts at today’s rate * :

EUR MGA
EUR MGA
0.0002 Ar 1
0.0009 Ar 5
0.0019 Ar 10
0.0037 Ar 20
0.0093 Ar 50
0.0186 Ar 100
0.0465 Ar 250
0.0930 Ar 500
0.1860 Ar 1,000
0.3720 Ar 2,000
0.9300 Ar 5,000
1.8600 Ar 10,000
3.7200 Ar 20,000
9.3000 Ar 50,000
18.60 Ar 100,000

More amounts

*Converted at the current EUR-MGA interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
   

View a full list of exchange rates by selecting your Base (from) currency: