Current EUR-MGA mid-market exchange rate

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Total cost
25.47 EUR

Total cost
26.48 EUR


Today's EUR-MGA commentary

The EUR-MGA rate is now close to its maximal level of the past fourteen days. The highest value during this timeframe was EUR 1 = MGA 3,833.3667 (only 0.21% more than its current level of EUR 1 = MGA 3,825.3658), attained today at 5:00 PM. This current high level of the EUR-MGA rate is in stark contrast with the recent much lower value (EUR 1 = MGA 3,704.3428) observed on November 13, when exchanging 4,000 EUR for instance only gave you 14,817,371.15 MGA (the same amount is equal to 15,301,463.23 MGA with the current rate).


EUR Profile

Name: Euro

Symbol:

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




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