For a full comparison of all services including payment and receiving options, transfer times, and customer reviews, please use our comparison tool:
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).
Minor Unit: 1/100 Cent
Central Bank: European Central Bank
Rank in the most traded currencies: #2
Name: Malagasy ariary
Minor Unit: 1/10 Iraimbilanja
Central Bank: Banque Centrale de Madagascar