EUR to MGA Exchange Rate History
Yearly and monthly average Euro/Malagasy Ariary rates since 2021, with charts.
EUR to MGA Chart
EUR to MGA rate on a specific date
Pick any date back to 2021 to see that day’s mid-market rate. Weekends and holidays use the closest earlier trading day.
EUR to MGA Rate by Year
Average, high and low mid-market rates for 1 Euro in Malagasy Ariary, every year since 2021. Click a year for its monthly breakdown.
EUR/MGA averaged 5,009.15 MGA per EUR in September 2026, up 0.39% from August. Across 2021–2026 the yearly average has been 4786.70 MGA per EUR, and the biggest single-year move came in 2025, when the rate rose 9.39%.
| Year | Average | High | Low | Change |
|---|---|---|---|---|
| 2026 | 4,980.43 | 5,399.77 | 4,790.43 | −6.32% |
| 2025 | 5,107.33 | 5,343.47 | 4,783.25 | +9.39% |
| 2024 | 4,900.43 | 5,095.81 | 4,651.52 | −3.62% |
| 2023 | 4,814.99 | 5,084.47 | 4,494.93 | +5.88% |
| 2022 | 4,356.97 | 4,779.42 | 3,979.94 | +5.89% |
| 2021 | 4,560.03 | 4,659.50 | 4,458.28 | −2.85% |
Change compares each year’s closing rate with its opening rate. Source: daily mid-market rates. First and last years may be partial.
EUR to MGA in 2026 by Month
Monthly average, high and low mid-market rates for 1 Euro in Malagasy Ariary this year, newest first.
| Month | Average | High | Low |
|---|---|---|---|
| September 2026 | 5,009.15 | 5,030.64 | 4,982.90 |
| August 2026 | 4,989.73 | 5,032.52 | 4,950.62 |
| July 2026 | 4,885.56 | 4,952.22 | 4,838.23 |
| June 2026 | 4,837.58 | 4,876.21 | 4,801.21 |
| May 2026 | 4,868.11 | 4,895.54 | 4,839.75 |
| April 2026 | 4,855.94 | 4,893.80 | 4,808.05 |
| March 2026 | 4,893.37 | 4,998.58 | 4,790.43 |
| February 2026 | 5,205.26 | 5,299.40 | 4,972.15 |
| January 2026 | 5,310.85 | 5,399.77 | 5,266.38 |
More EUR/MGA tools
- Convert EUR to MGA at today’s rate
- MGA to EUR exchange rate history
- About the EUR — profile & facts
- About the MGA
- Printable EUR/MGA cheat sheet
- EUR to USD exchange rate history
- EUR to GBP exchange rate history
- EUR to JPY exchange rate history
- EUR to CHF exchange rate history
- EUR to CAD exchange rate history
- EUR to AUD exchange rate history
- EUR to CNY exchange rate history
EUR/MGA history FAQ
When was the EUR to MGA exchange rate at its highest?
Based on daily mid-market data since 2021, the EUR/MGA rate peaked in 2026 at 5,399.77 MGA per 1 EUR. Its lowest point came in 2022, at 3,979.94 MGA.
What was the average EUR to MGA exchange rate in 2025?
In 2025, 1 EUR was worth 5,107.33 MGA on average, ranging between a low of 4,783.25 and a high of 5,343.47 MGA over the year.
How far back does this EUR/MGA history go?
The chart and tables cover 2021 to 2026, built from daily mid-market rates. Yearly and monthly figures are averages, highs and lows of those daily mid-market rates.