MGA to EUR exchange rate
Malagasy Ariary to Euro currency converter at the live mid-market rate.
Reference rate (mid-market)
1 MGA = 0.0001995 EUR
1 EUR = 5,012.87 MGA
Rate as of . Market reference rate, updated about every 30 minutes.
Reference rate only. MigraPay does not currently support sending Malagasy Ariary (MGA) to Euro (EUR). The rate above is the mid-market rate for comparison; it is not a MigraPay quote.
Send money on a supported route:
Convert
Reference rateAmount
Converted to
1 MGA = 0.0000 EUR
Mid-market reference rate, not a MigraPay quote
MGA to EUR conversion tables
Popular amounts at today's rate, in both directions.
| MGA | EUR |
|---|---|
| 1 MGA | 0.0001995 EUR |
| 5 MGA | 0.0009974 EUR |
| 10 MGA | 0.001995 EUR |
| 20 MGA | 0.00399 EUR |
| 50 MGA | 0.009974 EUR |
| 100 MGA | 0.01995 EUR |
| 200 MGA | 0.0399 EUR |
| 500 MGA | 0.09974 EUR |
| 1,000 MGA | 0.1995 EUR |
| 2,000 MGA | 0.399 EUR |
| 5,000 MGA | 0.9974 EUR |
| 10,000 MGA | 1.9949 EUR |
| EUR | MGA |
|---|---|
| 1 EUR | 5,012.87 MGA |
| 5 EUR | 25,064.36 MGA |
| 10 EUR | 50,128.72 MGA |
| 20 EUR | 100,257.44 MGA |
| 50 EUR | 250,643.61 MGA |
| 100 EUR | 501,287.22 MGA |
| 200 EUR | 1,002,574.44 MGA |
| 500 EUR | 2,506,436.09 MGA |
| 1,000 EUR | 5,012,872.19 MGA |
| 2,000 EUR | 10,025,744.37 MGA |
| 5,000 EUR | 25,064,360.93 MGA |
| 10,000 EUR | 50,128,721.85 MGA |
MGA to EUR exchange rate history
Market rate over time, with the high, low and average for any period you pick.
About the Malagasy Ariary and the Euro
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.
Why the MGA to EUR rate changes
The Malagasy Ariary to Euro 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 MGA to EUR 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 MGA to EUR rate you are offered will usually be lower than the figure here. Use it as the benchmark to judge any quote.
More exchange rates
EUR to MGA and other EUR rates
- EUR to MGA
- EUR to CAD
- EUR to NGN
- EUR to USD
- EUR to GBP
- EUR to GHS
- EUR to USDT
- EUR to USDC
- EUR to BRL
- EUR to COP
- EUR to KES
- EUR to MXN
- EUR to RWF
- EUR to TZS
- EUR to XAF
- EUR to XOF
- EUR to ZAR
- EUR to INR
- EUR to JPY
- EUR to CNY
- EUR to AUD
- EUR to CHF
- EUR to AED
- EUR to SAR
- EUR to PHP
- EUR to PKR
- EUR to BDT
- EUR to EGP
- EUR to TRY
- EUR to SGD
MGA to other currencies
Other currencies to EUR
Send money with MigraPay
All exchange ratesAll MGA ratesAll EUR ratesSend money abroad
MGA to EUR FAQ
What is the MGA to EUR exchange rate today?
1 Malagasy Ariary (MGA) is 0.0001995 Euro (EUR), as of 11 Sept 2026, 18:12 UTC. This is the mid-market reference rate, updated about every 30 minutes.
How much is 100 MGA in Euro?
100 MGA is 0.01995 EUR at the mid-market rate.
How much is 1,000 MGA in EUR?
1,000 MGA converts to 0.1995 EUR at the mid-market rate.
How much is 2,000 MGA in Euro?
2,000 MGA is 0.399 EUR at the mid-market rate.
How much is 100 EUR in MGA?
100 EUR converts to 501,287.22 MGA at the mid-market rate.
Can I send MGA to EUR 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 Malagasy Ariary to Euro only.
Is the MGA to EUR rate the same as the mid-market rate?
Yes. It is the wholesale rate between MGA and EUR 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.