Euro to Malagasy Ariary – EUR/MGA Converter

Convert Euro to Malagasy Ariary at the current exchange rate and see the conversion both ways.

🇪🇺 1 EUR = 5,019 MGA 🇲🇬

1 MGA = 0.000199 EUR

Rates updated on October 10, 2026
Convert MGA to EUR

Conversion tables for common amounts

EUR MGA
1 EUR 5,009 MGA
2 EUR 10,018 MGA
5 EUR 25,045 MGA
10 EUR 50,090 MGA
20 EUR 100,179 MGA
50 EUR 250,448 MGA
100 EUR 500,896 MGA
200 EUR 1,001,793 MGA
500 EUR 2,504,482 MGA
1,000 EUR 5,008,965 MGA
MGA EUR
5,000 MGA 0.998 EUR
10,000 MGA 2 EUR
20,000 MGA 3.99 EUR
50,000 MGA 9.98 EUR
100,000 MGA 19.96 EUR
200,000 MGA 39.93 EUR
500,000 MGA 99.82 EUR
1,000,000 MGA 200 EUR
2,000,000 MGA 399 EUR
5,000,000 MGA 998 EUR

🇪🇺 Euro (EUR · €)

Used in

EUR to MGA exchange rate history

1 EUR = 5,019.07 MGA as of October 10, 2026.

  • 24 hours +0.62% Oct 5 – Oct 10
  • 7 days +0.15% Sep 28 – Oct 10
  • 1 month -0.12% Sep 7 – Oct 10
  • 3 months +2.73% Jul 6 – Oct 10
  • 6 months +3.86% Apr 6 – Oct 10
  • 1 year -3.07% Nov 3, 2025 – Oct 10
  • Low 4,741.54 MGA
  • High 5,381.69 MGA
  • Average 5,022.69 MGA

The rate history is built from weekly snapshots, so the compared dates can differ from the period label.

EUR to MGA: common questions

What is the current EUR/MGA rate?
Right now 1 EUR = 5,008.96 MGA – the mid-market reference rate, updated regularly. The update date is shown under the converter.
How do I convert 100 EUR to MGA?
Multiply by the current rate: 100 EUR = 500,896.46 MGA. Type any other amount into the converter above and the result updates as you type.
What is the reverse MGA to EUR rate?
1 MGA = 0.00019964 EUR at the mid-market rate. Open the MGA to EUR page for tables in that direction – or simply type an amount into the right-hand field of the converter.
Is the EUR/MGA rate shown here what I will pay?
Not quite – it is the mid-market reference rate, without any markup. Card payments, ATMs and exchange offices each add a margin, so compare their quote against this number before you commit.
How is the EUR/MGA rate calculated?
As a cross rate through the US dollar: both currencies are quoted against USD, and the EUR/MGA rate is derived from those two quotes. That is standard practice for pairs that are rarely traded directly.
Which countries use the euro and the Malagasy ariary?
Both currencies are official in more than one country. The cards above name each of them, and every entry links to its cost of living on CityCost.

Other popular pairs

Exchange rates are mid-market reference rates, updated regularly and intended for informational purposes. The same rates power all cost-of-living prices on CityCost.

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