Euro to Malagasy Ariary — EUR to MGA
1 EUR = 4960.4994 MGA
1 MGA = 0.00020159 EUR
Need to make a money transfer? High-street banks add a markup to the exchange rate. Wise can save you money.
EUR/MGA Rate Statistics
| Metric | 30 Days | 90 Days |
|---|---|---|
| High | — | — |
| Low | — | — |
| Average | — | — |
| Change | — | — |
EUR to MGA Conversion Table
| EUR | MGA |
|---|---|
| EUR 1 | MGA 4,960 |
| EUR 5 | MGA 24,802 |
| EUR 10 | MGA 49,605 |
| EUR 25 | MGA 124,012 |
| EUR 50 | MGA 248,025 |
| EUR 100 | MGA 496,050 |
| EUR 500 | MGA 2,480,250 |
MGA to EUR Conversion Table
| MGA | EUR |
|---|---|
| MGA 1,000 | EUR 0.20 |
| MGA 5,000 | EUR 1.01 |
| MGA 10,000 | EUR 2.02 |
| MGA 25,000 | EUR 5.04 |
| MGA 50,000 | EUR 10.08 |
| MGA 100,000 | EUR 20.16 |
| MGA 500,000 | EUR 100.80 |
Need to make a money transfer? High-street banks add a markup to the exchange rate. Wise can save you money.Convert Euro (EUR) to Malagasy Ariary (MGA) at the live mid-market exchange rate. As of the latest update, 1 EUR = 4,960.50 MGA.
The EUR/MGA exchange rate is updated every minute using data from global currency markets. The rate shown is the mid-market rate — the midpoint between buy and sell prices — without any markup or fees. For the reverse conversion, 1 MGA = 0.00020159 EUR.
Frequently Asked Questions
What is the current EUR to MGA exchange rate?
The current mid-market exchange rate is 1 EUR = 4,960.50 MGA. This rate is updated every minute.
How do I convert Euro to Malagasy Ariary?
Enter the amount of Euro you want to convert in the input field above. The equivalent amount in Malagasy Ariary will be calculated automatically using the latest mid-market exchange rate.
What is the reverse rate for MGA to EUR?
The reverse exchange rate is 1 MGA = 0.00020159 EUR. You can use the swap button on the converter to switch between EUR to MGA and MGA to EUR.
How often is the EUR/MGA rate updated?
The EUR/MGA exchange rate is updated every minute using live data from global currency markets. The rate shown is the mid-market rate without any markup.
What is the difference between mid-market and bank rates for EUR to MGA?
The mid-market rate is the midpoint between buy and sell prices on global currency markets — the fairest rate. Banks and transfer services add a margin (markup) to this rate, meaning you typically receive less MGA for your EUR than the mid-market rate suggests.