Current EUR-MGA mid-market exchange rate

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Today's EUR-MGA commentary

The actual EUR-MGA rate is today near its maximal level of the past 2-week period. Its highest value observed during this timeframe was EUR 1 = MGA 3,952.8921 (it is now only 0.11% less than that), attained. The high level of the EUR-MGA rate differs significantly from the much lower level (EUR 1 = MGA 3,792.8138) recorded , when sending 4,000 EUR only gave you 15,171,255.32 MGA (the same amount is equal to 15,793,640.57 MGA at the moment).

EUR Profile

Name: Euro


Minor Unit: 1/100 Cent

Central Bank: European Central Bank

Rank in the most traded currencies: #2

MGA Profile

Name: Malagasy ariary

Symbol: Ar

Minor Unit: 1/10 Iraimbilanja

Central Bank: Banque Centrale de Madagascar

Country(ies): Madagascar