MGA to EUR in 2023
Monthly average Malagasy Ariary/Euro exchange rates in 2023, with the year’s high, low and change.
1 Malagasy Ariary in Euro, mid-market. 2023 opened at 0.00020900 and closed at 0.00019800.
MGA to EUR Chart, 2023
MGA to EUR by Month, 2023
Monthly average, high and low mid-market rates for 1 Malagasy Ariary in Euro during 2023.
| Month | Average | High | Low |
|---|---|---|---|
| January 2023 | 0.00021100 | 0.00021700 | 0.00020300 |
| February 2023 | 0.00021800 | 0.00022200 | 0.00021300 |
| March 2023 | 0.00021800 | 0.00022200 | 0.00021200 |
| April 2023 | 0.00020900 | 0.00021500 | 0.00020500 |
| May 2023 | 0.00020900 | 0.00021200 | 0.00020500 |
| June 2023 | 0.00020600 | 0.00021200 | 0.00020000 |
| July 2023 | 0.00020000 | 0.00020400 | 0.00019700 |
| August 2023 | 0.00020300 | 0.00020500 | 0.00020100 |
| September 2023 | 0.00020700 | 0.00020900 | 0.00020400 |
| October 2023 | 0.00020900 | 0.00021400 | 0.00020700 |
| November 2023 | 0.00020400 | 0.00021100 | 0.00020000 |
| December 2023 | 0.00020000 | 0.00020500 | 0.00019700 |
Source: daily mid-market rates. Averages are over trading days.
MGA/EUR in 2023: key facts
In 2023, 1 Malagasy Ariary was worth 0.00020800 EUR on average. The pair opened 2023 at 0.00020900 and closed at 0.00019800 — a change of −5.56%. The 2023 high was 0.00022200 EUR and the low was 0.00019700 EUR, based on 365 trading days of daily mid-market rates.
February had 2023’s highest monthly average at 0.00021800 EUR per MGA; July had the lowest, at 0.00020000 EUR.
MGA/EUR 2023 FAQ
What was the average MGA/EUR rate in 2023?
In 2023, 1 MGA was worth 0.00020800 EUR on average, ranging between a low of 0.00019700 and a high of 0.00022200 EUR over the year.
Which month had the MGA/EUR rate highest and lowest in 2023?
February had the highest average rate in 2023, at 0.00021800 EUR per MGA; July had the lowest, at 0.00020000 EUR.