EUR to MGA in 2024
Monthly average Euro/Malagasy Ariary exchange rates in 2024, with the year’s high, low and change.
1 Euro in Malagasy Ariary, mid-market. 2024 opened at 5,061.26 and closed at 4,878.09.
EUR to MGA Chart, 2024
EUR to MGA by Month, 2024
Monthly average, high and low mid-market rates for 1 Euro in Malagasy Ariary during 2024.
| Month | Average | High | Low |
|---|---|---|---|
| January 2024 | 4,986.55 | 5,061.26 | 4,907.73 |
| February 2024 | 4,896.89 | 4,927.18 | 4,842.80 |
| March 2024 | 4,869.96 | 4,948.92 | 4,728.58 |
| April 2024 | 4,712.96 | 4,761.49 | 4,651.52 |
| May 2024 | 4,785.35 | 4,827.27 | 4,731.65 |
| June 2024 | 4,806.40 | 4,860.90 | 4,771.94 |
| July 2024 | 4,870.58 | 4,919.28 | 4,792.07 |
| August 2024 | 5,023.63 | 5,095.81 | 4,892.07 |
| September 2024 | 5,031.47 | 5,062.67 | 4,994.32 |
| October 2024 | 4,984.98 | 5,044.56 | 4,935.44 |
| November 2024 | 4,928.30 | 5,022.76 | 4,846.23 |
| December 2024 | 4,903.89 | 4,951.55 | 4,829.42 |
Source: daily mid-market rates. Averages are over trading days.
EUR/MGA in 2024: key facts
In 2024, 1 Euro was worth 4,900.43 MGA on average. The pair opened 2024 at 5,061.26 and closed at 4,878.09 — a change of −3.62%. The 2024 high was 5,095.81 MGA and the low was 4,651.52 MGA, based on 366 trading days of daily mid-market rates.
September had 2024’s highest monthly average at 5,031.47 MGA per EUR; April had the lowest, at 4,712.96 MGA.
EUR/MGA 2024 FAQ
What was the average EUR/MGA rate in 2024?
In 2024, 1 EUR was worth 4,900.43 MGA on average, ranging between a low of 4,651.52 and a high of 5,095.81 MGA over the year.
Which month had the EUR/MGA rate highest and lowest in 2024?
September had the highest average rate in 2024, at 5,031.47 MGA per EUR; April had the lowest, at 4,712.96 MGA.