1 EUR to MGA1 Euro = 5,004.10 Malagasy Ariary
🇪🇺 1 Euro (€1) is worth 🏳️ 5,004.10 Malagasy Ariary (MGA5,004.10) at the current exchange rate of 1 EUR = 5,004.10 MGA. Rates were last updated Sep 21, 2026, 10:00 PM UTC.
Over the last 30 days, the EUR to MGA rate fell 0.70% (high 5,039.33 on August 24, 2026, low 4,981.10 on September 8, 2026, average 5,010.75). Over the last 90 days, the EUR to MGA rate rose 4.52% (high 5,039.33 on August 24, 2026, low 4,787.63 on June 25, 2026, average 4,945.05).
Looking for the reverse? MGA to EUR
Currency converter
Convert 1 Euro to Malagasy Ariary
1 EUR = MGA5,004.10 MGA
1 MGA = €0.0001998 EUR
- 30-day change
- -0.70%
- 90-day high
- 5,039.33
- 90-day low
- 4,787.63
Last updated: Sep 21, 2026, 10:00 PM UTC
Convert Euro to Malagasy Ariary
| EUR | MGA |
|---|---|
| €1 EUR | MGA5,004.10 MGA |
| €5 EUR | MGA25,020.48 MGA |
| €10 EUR | MGA50,040.96 MGA |
| €25 EUR | MGA125,102.40 MGA |
| €50 EUR | MGA250,204.80 MGA |
| €100 EUR | MGA500,409.60 MGA |
| €500 EUR | MGA2,502,047.98 MGA |
| €1,000 EUR | MGA5,004,095.97 MGA |
| €5,000 EUR | MGA25,020,479.85 MGA |
| €10,000 EUR | MGA50,040,959.70 MGA |
Convert Malagasy Ariary to Euro
| MGA | EUR |
|---|---|
| MGA1 MGA | €0.0001998 EUR |
| MGA5 MGA | €0.0009992 EUR |
| MGA10 MGA | €0.001998 EUR |
| MGA25 MGA | €0.004996 EUR |
| MGA50 MGA | €0.009992 EUR |
| MGA100 MGA | €0.01998 EUR |
| MGA500 MGA | €0.09992 EUR |
| MGA1,000 MGA | €0.1998 EUR |
| MGA5,000 MGA | €0.9992 EUR |
| MGA10,000 MGA | €1.9984 EUR |
EUR to MGA exchange rate history
EUR to MGA – last 90 days
EUR to MGA – last 12 months
EUR to MGA exchange rate history
Over the last 90 days, the Euro traded between 4,787.63 and 5,039.33 Malagasy Ariary, averaging 4,945.05. The EUR/MGA rate is up 4.52% over that period.
Over the last 12 months, the highest EUR to MGA rate was 5,388.66 (December 24, 2025) and the lowest was 4,787.63 (June 25, 2026). The rate is down 3.87% year on year, meaning the Euro has lost value against the Malagasy Ariary.
| Date | 1 EUR in MGA | Change |
|---|---|---|
| September 20, 2026 | 5,019.84 | +0.06% |
| August 30, 2026 | 5,016.65 | +1.24% |
| July 31, 2026 | 4,955.04 | +2.53% |
| June 28, 2026 | 4,832.68 | -0.86% |
| May 23, 2026 | 4,874.46 | +0.12% |
| April 23, 2026 | 4,868.74 | +1.13% |
| March 24, 2026 | 4,814.18 | -5.60% |
| February 22, 2026 | 5,099.64 | -4.38% |
| January 23, 2026 | 5,333.28 | -1.03% |
| December 24, 2025 | 5,388.66 | +3.70% |
| November 24, 2025 | 5,196.25 | -0.94% |
| October 25, 2025 | 5,245.62 | +0.77% |
| September 25, 2025 | 5,205.51 | – |
Historical figures use daily reference rates: sampled every three days for the 90-day view and monthly for the 12-month view, plus today's live rate.
The Euro is the official currency of European Union (20 countries), issued under the oversight of the European Central Bank (ECB). It has been in use since 1999 (physical notes: 2002) and is divided into 100 Cent.
The Euro is the second most traded currency in the world and the second largest reserve currency. It represents the economic power of the Eurozone, which collectively has one of the largest GDPs globally.
More about EUR →The Malagasy Ariary (MGA) is traded against the Euro and other world currencies. See the MGA page for its live rates against major currencies.
More about MGA →How to convert Euro to Malagasy Ariary
- Enter the amount of EUR you want to convert in the “Amount” box.
- Check that EUR is selected as the source and MGA as the target (use the swap button to reverse them).
- See the MGA value update instantly, or press Convert to open a shareable page for that exact amount.
Frequently asked questions about EUR to MGA
How much is 1 Euro in Malagasy Ariary?
As of September 21, 2026, 1 Euro (EUR) = 5,004.10 Malagasy Ariary (MGA). The rate comes from the mid-market reference rate and is refreshed hourly.
How much is 100 Euro in Malagasy Ariary?
As of September 21, 2026, 100 EUR is equal to 500,409.60 MGA, based on a rate of 5,004.10 MGA per EUR.
How much is 1 Malagasy Ariary in Euro?
As of September 21, 2026, 1 Malagasy Ariary (MGA) = 0.0001998 Euro (EUR).
What has the EUR to MGA exchange rate done recently?
Over the last 30 days the EUR/MGA rate changed by -0.70%, ranging from 4,981.10 to 5,039.33. Over the last 90 days it ranged from 4,787.63 to 5,039.33 and changed by +4.52%.
Which is stronger, the Euro or the Malagasy Ariary?
The Euro is currently worth more per unit than the Malagasy Ariary: 1 EUR = 5,004.10 MGA, and 1 MGA = 0.0001998 EUR. A higher number per unit does not by itself mean a stronger economy; it also reflects how each currency is denominated.
When is the best time to convert EUR to MGA?
Currencies trade 24 hours a day from Monday morning in Sydney to Friday evening in New York, and rates move by the minute while markets are open. Liquidity is usually highest around 1–4 PM GMT, when the London and New York sessions overlap. Watching the 90-day range above helps you judge whether today's rate is high or low compared with recent weeks.
Is this the rate I will get at a bank or exchange service?
No. The figures on this page are mid-market reference rates used for information. Banks, cash exchanges and money-transfer services add a margin or fee, so the amount you actually receive is usually a little lower than the converted amount shown here.