Euro to Malagasy Ariary — EUR to MGA

1 EUR = 5167.9703 MGA
1 MGA = 0.0001935 EUR · Mid-market rate, 07:12 UTC

EUR/MGA Exchange Rate Chart

1D | 1W | 1M | 3M | 6M | 1Y | 2Y | 5Y | 10Y

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EUR/MGA Rate Statistics

Metric 7 Days 30 Days 90 Days
High 5,174.03 5,174.03 5,174.03
Low 5,105.07 4,966.66 4,947.16
Average 5,142.30 5,091.68 5,039.19
Change +1.09% +3.43% +3.74%

EUR/MGA Over the Past Year

EUR/MGA is at 5,167.97, 64% of the way between its 52-week low of 4,749.08 (13 Mar 2026) and high of 5,407.44 (27 Jan 2026). It is down 3.9% since 1 January and down 0.1% on a year ago.

52-week high (27 Jan 2026)5,407.44
52-week low (13 Mar 2026)4,749.08
Change since 1 January-3.93%
Change over 1 year-0.11%

Based on daily closing rates over the past 12 months.

EUR to MGA Conversion Table

EUR MGA
EUR 1 MGA 5,168
EUR 5 MGA 25,840
EUR 10 MGA 51,680
EUR 25 MGA 129,199
EUR 50 MGA 258,399
EUR 100 MGA 516,797
EUR 500 MGA 2,583,985

MGA to EUR Conversion Table

MGA EUR
MGA 1,000 EUR 0.19
MGA 5,000 EUR 0.97
MGA 10,000 EUR 1.93
MGA 25,000 EUR 4.84
MGA 50,000 EUR 9.67
MGA 100,000 EUR 19.35
MGA 500,000 EUR 96.75

One Euro is worth 5,167.97 MGA at today's mid-market rate, so 100 EUR converts to 516,797 MGA and 1,000 EUR converts to 5,167,970 MGA. Over the past 30 days the rate has moved between 4,966.66 and 5,174.03.

Over the past year EUR/MGA has ranged from 4,749.08 (13 March 2026) to 5,407.44 (27 January 2026). Its biggest one-day move in that time was a fall of 2.15% on 26 February 2026. For longer context, five years ago one EUR bought about 4,490.90 MGA; ten years ago, about 3,438.90.

Rates on this page update every minute. They are mid-market rates, which is usually better than the rate a bank or transfer provider will offer you.

Frequently Asked Questions

What is the EUR to MGA exchange rate today?
The mid-market rate is 1 EUR = 5,167.97 MGA, so 100 EUR converts to 516,797 MGA. The rate updates every minute.
What was the highest EUR to MGA rate in the past year?
The highest daily closing rate in the past 12 months was 5,407.44 on 27 January 2026. The lowest was 4,749.08 on 13 March 2026.
How much has EUR/MGA changed this year?
EUR/MGA is down 3.9% since 1 January, and down 0.1% on a year ago.
What was the EUR to MGA rate five years ago?
About 4,490.90 MGA per EUR. Today's rate of 5,167.97 is up 15.1% on that.
Why is my bank's EUR to MGA rate different?
The rate on this page is the mid-market rate: the midpoint between what buyers and sellers of EUR and MGA are paying on the wholesale market. Banks and money transfer providers rarely give you that rate. Most build their profit into the exchange rate itself, quoting you a rate some way below mid-market and often advertising the transfer as "fee free". High-street banks commonly take 2-4% this way; specialist transfer services and brokers usually take much less. The gap matters most on large amounts: on a 50,000 EUR transfer, the difference between a 3% and a 0.5% margin is 1,250 EUR. Before you send, compare the rate you're offered against the mid-market rate here, and ask for the total amount that will arrive rather than the fee alone.

Euro (EUR) exchange rates

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Malagasy Ariary (MGA) exchange rates

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