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EUR to MGA exchange rate

Euro to Malagasy Ariary currency converter at the live mid-market rate.

Reference rate (mid-market)

1 EUR = 5,012.87 MGA

1 MGA = 0.0001995 EUR

Rate as of . Market reference rate, updated about every 30 minutes.

Reference rate only. MigraPay does not currently support sending Euro (EUR) to Malagasy Ariary (MGA). The rate above is the mid-market rate for comparison; it is not a MigraPay quote.

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Convert

Reference rate

Amount

Converted to

1 EUR = 0.00 MGA

Rate typeMid-market
Sending EUR with MigraPayNot yet available
See where you can send with MigraPay

Mid-market reference rate, not a MigraPay quote

EUR to MGA conversion tables

Popular amounts at today's rate, in both directions.

Euro to Malagasy Ariary
EURMGA
1 EUR5,012.87 MGA
5 EUR25,064.36 MGA
10 EUR50,128.72 MGA
20 EUR100,257.44 MGA
50 EUR250,643.61 MGA
100 EUR501,287.22 MGA
200 EUR1,002,574.44 MGA
500 EUR2,506,436.09 MGA
1,000 EUR5,012,872.19 MGA
2,000 EUR10,025,744.37 MGA
5,000 EUR25,064,360.93 MGA
10,000 EUR50,128,721.85 MGA
Malagasy Ariary to Euro
MGAEUR
1 MGA0.0001995 EUR
5 MGA0.0009974 EUR
10 MGA0.001995 EUR
20 MGA0.00399 EUR
50 MGA0.009974 EUR
100 MGA0.01995 EUR
200 MGA0.0399 EUR
500 MGA0.09974 EUR
1,000 MGA0.1995 EUR
2,000 MGA0.399 EUR
5,000 MGA0.9974 EUR
10,000 MGA1.9949 EUR

EUR to MGA exchange rate history

Market rate over time, with the high, low and average for any period you pick.

About the Euro and the Malagasy Ariary

About the Euro (EUR)

Symbol
Issued by
European Central Bank
Used in
20 euro-area countries including France, Germany, Italy, the Netherlands and Spain
Subunit
100 cents

The euro is the second most traded currency in the world and floats freely against the dollar. The West and Central African CFA francs are pegged to it at a fixed rate, which keeps EUR to XOF and EUR to XAF stable.

All EUR exchange rates

Why the EUR to MGA rate changes

The Euro to Malagasy Ariary exchange rate is not fixed. It moves with supply and demand for each currency, interest-rate decisions by the central banks that issue them, inflation, commodity prices and the general appetite for risk in global markets. Most emerging-market currencies are priced through the US dollar, so a strong or weak dollar day usually shows up in the EUR to MGA rate too.

The rate on this page is the mid-market rate: the midpoint between buy and sell prices on the global market, updated about every 30 minutes. Banks and transfer services add a spread and fees on top, so the EUR to MGA rate you are offered will usually be lower than the figure here. Use it as the benchmark to judge any quote.

EUR to MGA FAQ

What is the EUR to MGA exchange rate today?

1 Euro (EUR) is 5,012.87 Malagasy Ariary (MGA), as of 11 Sept 2026, 18:12 UTC. This is the mid-market reference rate, updated about every 30 minutes.

How much is 100 EUR in Malagasy Ariary?

100 EUR is 501,287.22 MGA at the mid-market rate.

How much is 1,000 EUR in MGA?

1,000 EUR converts to 5,012,872.19 MGA at the mid-market rate.

How much is 2,000 EUR in Malagasy Ariary?

2,000 EUR is 10,025,744.37 MGA at the mid-market rate.

How much is 100 MGA in EUR?

100 MGA converts to 0.01995 EUR at the mid-market rate.

Can I send EUR to MGA with MigraPay?

Not yet. MigraPay currently sends from Canada, the United States, the United Kingdom and the euro area to Nigeria, Ghana, Kenya and other destinations, plus USDT and USDC wallets. This page is a reference rate for Euro to Malagasy Ariary only.

Is the EUR to MGA rate the same as the mid-market rate?

Yes. It is the wholesale rate between EUR and MGA on the global market. Banks and transfer services add a spread and fees on top, so the rate you are offered will usually be lower.

How often is this exchange rate updated?

About every 30 minutes, from a global market-data provider. The history chart below shows the daily closing rate for the period you pick.

Rates are mid-market reference rates for information only and are not a quote or an offer to transact.