Malagasy Ariary to Euro – MGA/EUR Converter

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

🇲🇬 1 MGA = 0.000199 EUR 🇪🇺

1 EUR = 5,019 MGA

Rates updated on October 10, 2026
Convert EUR to MGA

Conversion tables for common amounts

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
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 to EUR exchange rate history

1 MGA = 0.000199 EUR as of October 10, 2026.

  • 24 hours -0.61% Oct 5 – Oct 10
  • 7 days -0.15% Sep 28 – Oct 10
  • 1 month +0.12% Sep 7 – Oct 10
  • 3 months -2.66% Jul 6 – Oct 10
  • 6 months -3.72% Apr 6 – Oct 10
  • 1 year +3.16% Nov 3, 2025 – Oct 10
  • Low 0.000186 EUR
  • High 0.000211 EUR
  • Average 0.000199 EUR

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

MGA to EUR: common questions

What is the Malagasy ariary to euro exchange rate today?
The mid-market rate is 1 MGA = 0.00019964 EUR. The date of the latest update is shown under the converter above.
What is 500,000 MGA in EUR today?
500,000 MGA converts to 99.821 EUR at the mid-market rate. Click any row in the tables above to load that amount straight into the converter.
What is the reverse EUR to MGA rate?
1 EUR = 5,008.96 MGA at the mid-market rate. Open the EUR to MGA page for tables in that direction – or simply type an amount into the right-hand field of the converter.
Can I exchange Malagasy ariaries for euros at this rate?
This is the mid-market reference rate – banks, cards and exchange services usually add their own margin on top. It is the fair baseline to compare their offers against.
How is the MGA/EUR rate calculated?
As a cross rate through the US dollar: both currencies are quoted against USD, and the MGA/EUR rate is derived from those two quotes. That is standard practice for pairs that are rarely traded directly.
Which countries use the Malagasy ariary and the euro?
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.

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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