Malagasy Ariary to Euro — MGA to EUR
1 MGA = 0.000199 EUR
1 EUR = 5,025.17 MGA
Need to make a money transfer? High-street banks add a markup to the exchange rate. Wise can save you money.
MGA/EUR Rate Statistics
| Metric | 30 Days | 90 Days |
|---|---|---|
| High | 0.00020046 | 0.00020922 |
| Low | 0.00019788 | 0.00019788 |
| Average | 0.00019902 | 0.00019958 |
| Change | +0.36% | -4.50% |
MGA to EUR Conversion Table
| MGA | EUR |
|---|---|
| MGA 1,000 | EUR 0.20 |
| MGA 5,000 | EUR 0.99 |
| MGA 10,000 | EUR 1.99 |
| MGA 25,000 | EUR 4.97 |
| MGA 50,000 | EUR 9.95 |
| MGA 100,000 | EUR 19.90 |
| MGA 500,000 | EUR 99.50 |
EUR to MGA Conversion Table
| EUR | MGA |
|---|---|
| EUR 1 | MGA 5,025 |
| EUR 5 | MGA 25,126 |
| EUR 10 | MGA 50,252 |
| EUR 25 | MGA 125,629 |
| EUR 50 | MGA 251,258 |
| EUR 100 | MGA 502,517 |
| EUR 500 | MGA 2,512,583 |
Need to make a money transfer? High-street banks add a markup to the exchange rate. Wise can save you money.Convert Malagasy Ariary (MGA) to Euro (EUR) at the live mid-market exchange rate. As of the latest update, 1 MGA = 0.000199 EUR.
The MGA/EUR 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 EUR = 5,025.17 MGA.
Frequently Asked Questions
What is the current MGA to EUR exchange rate?
The current mid-market exchange rate is 1 MGA = 0.000199 EUR. This rate is updated every minute.
How do I convert Malagasy Ariary to Euro?
Enter the amount of Malagasy Ariary you want to convert in the input field above. The equivalent amount in Euro will be calculated automatically using the latest mid-market exchange rate.
What is the reverse rate for EUR to MGA?
The reverse exchange rate is 1 EUR = 5,025.17 MGA. You can use the swap button on the converter to switch between MGA to EUR and EUR to MGA.
How often is the MGA/EUR rate updated?
The MGA/EUR 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 MGA to EUR?
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 EUR for your MGA than the mid-market rate suggests.