EUR to MGA in 2022
Monthly average Euro/Malagasy Ariary exchange rates in 2022, with the year’s high, low and change.
1 Euro in Malagasy Ariary, mid-market. 2022 opened at 4,513.38 and closed at 4,779.42.
EUR to MGA Chart, 2022
EUR to MGA by Month, 2022
Monthly average, high and low mid-market rates for 1 Euro in Malagasy Ariary during 2022.
| Month | Average | High | Low |
|---|---|---|---|
| January 2022 | 4,507.62 | 4,562.55 | 4,445.74 |
| February 2022 | 4,519.78 | 4,564.62 | 4,457.51 |
| March 2022 | 4,439.60 | 4,503.87 | 4,353.03 |
| April 2022 | 4,376.06 | 4,469.97 | 4,246.65 |
| May 2022 | 4,270.31 | 4,357.68 | 4,163.96 |
| June 2022 | 4,290.20 | 4,351.47 | 4,222.04 |
| July 2022 | 4,231.47 | 4,309.81 | 4,107.19 |
| August 2022 | 4,224.20 | 4,342.56 | 4,091.20 |
| September 2022 | 4,174.43 | 4,269.37 | 3,979.94 |
| October 2022 | 4,187.90 | 4,306.41 | 4,128.39 |
| November 2022 | 4,398.38 | 4,515.75 | 4,172.57 |
| December 2022 | 4,673.31 | 4,779.42 | 4,548.60 |
Source: daily mid-market rates. Averages are over trading days.
EUR/MGA in 2022: key facts
In 2022, 1 Euro was worth 4,356.97 MGA on average. The pair opened 2022 at 4,513.38 and closed at 4,779.42 — a change of +5.89%. The 2022 high was 4,779.42 MGA and the low was 3,979.94 MGA, based on 365 trading days of daily mid-market rates.
December had 2022’s highest monthly average at 4,673.31 MGA per EUR; September had the lowest, at 4,174.43 MGA.
EUR/MGA 2022 FAQ
What was the average EUR/MGA rate in 2022?
In 2022, 1 EUR was worth 4,356.97 MGA on average, ranging between a low of 3,979.94 and a high of 4,779.42 MGA over the year.
Which month had the EUR/MGA rate highest and lowest in 2022?
December had the highest average rate in 2022, at 4,673.31 MGA per EUR; September had the lowest, at 4,174.43 MGA.