Euro to Malagasy Ariary — exchange rate

You will find a currency converter from the EUR to the MGA on this page. It is possible to convert any amount from Euro to Malagasy Ariary (€ to Ar) using Myfin currency converter at the live rates of 10:22 PM 11-30-2023.

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MGAMalagasy Ariary
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1 EUR = 4 956.54 MGA

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Country of Circulation: European Union

Currency Code, Symbol: EUR, €

Denominations of coins in circulation: 1c, 2c, 5c, 10c, 20c, 50c, €1, €2

Denominations of banknotes in circulation: €5, €10, €20, €50, €100

History: The euro (sign: €, code: EUR, number: 978) is a currency unit that is used for payment on the Eurozone territory. It is used among the majority of European countries: in Germany, Austria, Spain, France, Greece, etc. A common abbreviation of the currency is EUR.Every euro is worth 100 cents. Sometimes the coins are called eurocents to avoid misunderstanding. The € currency was introduced in 2002 after the official establishment of the European Union. It has replaced a lot of European currencies: Greek drachma, Lithuanian litas, Slovak krona and so on. Introducing euro on a vast territory has allowed to remove transfer commission connected to conversion. Many preserved local currencies have a rate closely tied to EUR.Read More

MGAMalagasy Ariary

Country of Circulation: Madagascar

Currency Code, Symbol: MGA, Ar

Denominations of coins in circulation: 1, 2 iraimbilanja; 1, 2, 4, 5, 10, 20, 50 Ar

Denominations of banknotes in circulation: 100, 200, 500, 1000, 2000, 5000, 10,000, 20,000 Ar

History: The Malagasy ariary (Ar.) is the currency of Madagascar, but is also used for payment on the territory of Mauritania. On the international currency market, it is simplified to MGA.The ariary is exchanged into iriambilanja. One MGA equals 5 iriambilanja. The Malagasy ariary has been issued since 2005. The currency has officially replaced the Malagasy franc. At the moment, the notes that were issued after 2003 are mostly in circulation. Old series are being gradually taken out of circulation and replaced by the new one.Read More

Historical data of the 1 Euro to the Malagasy Ariary exchange rate

In the table you can find 1 Euro to Ariary exchange rate for the last week.

Thursday 11-30-2023 1 EUR 4,956.54 MGA 31.0539913563
Wednesday 11-29-2023 1 EUR 4,987.59 MGA 76.9913033441
Tuesday 11-28-2023 1 EUR 4,910.6 MGA 60.7890369159
Monday 11-27-2023 1 EUR 4,971.39 MGA 18.8130908928
Sunday 11-26-2023 1 EUR 4,952.57 MGA 2.1358808521
Saturday 11-25-2023 1 EUR 4,950.44 MGA 23.2719773482
Friday 11-24-2023 1 EUR 4,927.17 MGA -

1 EUR to MGA chart

Contains historical rates for 1 Euro against Ariary for all the time.

1 Euro to Malagasy Ariary stats

Last 30 DaysLast 5 Years


  • EUR/MGA – Euro to Malagasy Ariary conversion

    Our EUR/MGA currency converter allows instant conversion by live rates. Current value of 1 EUR equals 4 956.53514811 MGA.
  • Euro to Malagasy Ariary conversion

    We use quotation information as of 11-30-2023 10:22 PM ET to calculate the conversion rate of two currencies. Specified values are considered average but can match the rates of specific financial organizations. To get a result, you only need to:
    • indicate an amount of money to convert in the window with Euros;
    • wait for automatic EUR to MGA conversion.
    With the help of this tool, you can convert any amount of Euros into Malagasy Ariarys in a few seconds.
  • How has the dynamic of EUR to MGA rate changed in the last week

    Here you can also find a chart with the Euro rate fluctuations since 2015. In the last week, the pound to dollar conversion rate has changed by 29.3692 MGA or +0.5925%.
  • The dynamic of EUR to MGA rate over the last month

    The monthly data of EUR to MGA conversion rate dynamic helps to understand market trends better. EUR has moved by +3.5246% or 174.6969 MGA.