EUR to MGA in 2026
Monthly average Euro/Malagasy Ariary exchange rates in 2026, with the year’s high, low and change.
1 Euro in Malagasy Ariary, mid-market. 2026 opened at 5,330.92 and closed at 4,994.19.
EUR to MGA Chart, 2026
EUR to MGA by Month, 2026
Monthly average, high and low mid-market rates for 1 Euro in Malagasy Ariary during 2026.
| Month | Average | High | Low |
|---|---|---|---|
| January 2026 | 5,310.85 | 5,399.77 | 5,266.38 |
| February 2026 | 5,205.26 | 5,299.40 | 4,972.15 |
| March 2026 | 4,893.37 | 4,998.58 | 4,790.43 |
| April 2026 | 4,855.94 | 4,893.80 | 4,808.05 |
| May 2026 | 4,868.11 | 4,895.54 | 4,839.75 |
| June 2026 | 4,837.58 | 4,876.21 | 4,801.21 |
| July 2026 | 4,885.56 | 4,952.22 | 4,838.23 |
| August 2026 | 4,989.73 | 5,032.52 | 4,950.62 |
| September 2026 | 5,009.15 | 5,030.64 | 4,982.90 |
Source: daily mid-market rates. Averages are over trading days.
EUR/MGA in 2026: key facts
So far in 2026, 1 Euro is worth 4,980.43 MGA on average. The pair opened 2026 at 5,330.92 and has most recently traded at 4,994.19 — a change of −6.32%. The 2026 high was 5,399.77 MGA and the low was 4,790.43 MGA, based on 254 trading days of daily mid-market rates.
January had 2026’s highest monthly average at 5,310.85 MGA per EUR; June had the lowest, at 4,837.58 MGA.
EUR/MGA 2026 FAQ
What is the average EUR/MGA rate in 2026 so far?
So far in 2026, 1 EUR is worth 4,980.43 MGA on average, ranging between a low of 4,790.43 and a high of 5,399.77 MGA.
Which month had the EUR/MGA rate highest and lowest in 2026?
January had the highest average rate in 2026, at 5,310.85 MGA per EUR; June had the lowest, at 4,837.58 MGA.