How much is 1 EUR to MGA today?

As of May 2, 2025, the exchange rate from 1 Euro (EUR) to Malagasy Ariary (MGA) is 5,033.85. Therefore, €1 converts to MGA5,033.85. Rates are sourced from Currency.Wiki for real-time accuracy.

EUR to MGA Exchange Rate

Convert 1 Euro to Malagasy Ariary instantly. With Currency.Wiki browser extensions (Chrome and Edge extensions) or Android app, accurate rates are always at your fingertips.

Updated 12 seconds ago on May 02 2025, at 23:50:35 UTC.

EUR =

MGA

Euro = Malagasy Ariaries

Trending: € exchange rates for the last 24 hours

EUR/MGA Exchange Rate Overview

The Euro Performance Against the Malagasy Ariary: Over the last 90 days, the Euro has strengthened by 3.45% against the Malagasy Ariary, moving from MGA4,860.2446 to MGA5,033.8475 for each Euro. This trend highlights the evolving economic relationship between European Union and Madagascar.

Note: This rate indicates how many Euro one Malagasy Ariary can buy.

Trade Trends: Changes in trade flows between European Union and Madagascar may have impacted demand for Euro.
Economic Performance: Indicators like GDP, employment, or inflation in European Union or Madagascar can influence currency values.
Policy Shifts: Monetary or fiscal policies in European Union, such as interest rate changes, may affect investment in Euro.
Global Market Dynamics: Worldwide events, such as geopolitical tensions or market fluctuations, often influence exchange rates.

€

Euro Currency

Country:

European Union

Symbol:

€

ISO Code:

EUR

Bank:

European Central Bank

Interesting fact about Euro

Euro banknotes have bridges on them symbolizing connection and cooperation.

MGA

Malagasy Ariary Currency

Country:

Madagascar

Symbol:

MGA

ISO Code:

MGA

Bank:

Banque Centrale de Madagascar

Interesting fact about Malagasy Ariary

Introduced in 2005, replacing the Malagasy franc at a rate of 1 ariary = 5 francs.

Quick Conversion Guide

Euros (EUR) to Malagasy Ariaries (MGA)
€1 Euros MGA 5033.85 Malagasy Ariaries
€10 Euros MGA 50338.48 Malagasy Ariaries
€20 Euros MGA 100676.95 Malagasy Ariaries
€30 Euros MGA 151015.43 Malagasy Ariaries
€40 Euros MGA 201353.9 Malagasy Ariaries
€50 Euros MGA 251692.38 Malagasy Ariaries
€60 Euros MGA 302030.85 Malagasy Ariaries
€70 Euros MGA 352369.33 Malagasy Ariaries
€80 Euros MGA 402707.8 Malagasy Ariaries
€90 Euros MGA 453046.28 Malagasy Ariaries
€100 Euros MGA 503384.75 Malagasy Ariaries
€200 Euros MGA 1006769.51 Malagasy Ariaries
€300 Euros MGA 1510154.26 Malagasy Ariaries
€400 Euros MGA 2013539.01 Malagasy Ariaries
€500 Euros MGA 2516923.77 Malagasy Ariaries
€600 Euros MGA 3020308.52 Malagasy Ariaries
€700 Euros MGA 3523693.28 Malagasy Ariaries
€800 Euros MGA 4027078.03 Malagasy Ariaries
€900 Euros MGA 4530462.78 Malagasy Ariaries
€1000 Euros MGA 5033847.54 Malagasy Ariaries
€2000 Euros MGA 10067695.07 Malagasy Ariaries
€3000 Euros MGA 15101542.61 Malagasy Ariaries
€4000 Euros MGA 20135390.15 Malagasy Ariaries
€5000 Euros MGA 25169237.68 Malagasy Ariaries

Malagasy Ariaries (MGA) to Euros (EUR)
MGA1 Malagasy Ariaries € 0 Euros
MGA10 Malagasy Ariaries € 0 Euros
MGA20 Malagasy Ariaries € 0 Euros
MGA30 Malagasy Ariaries € 0.01 Euros
MGA40 Malagasy Ariaries € 0.01 Euros
MGA50 Malagasy Ariaries € 0.01 Euros
MGA60 Malagasy Ariaries € 0.01 Euros
MGA70 Malagasy Ariaries € 0.01 Euros
MGA80 Malagasy Ariaries € 0.02 Euros
MGA90 Malagasy Ariaries € 0.02 Euros
MGA100 Malagasy Ariaries € 0.02 Euros
MGA200 Malagasy Ariaries € 0.04 Euros
MGA300 Malagasy Ariaries € 0.06 Euros
MGA400 Malagasy Ariaries € 0.08 Euros
MGA500 Malagasy Ariaries € 0.1 Euros
MGA600 Malagasy Ariaries € 0.12 Euros
MGA700 Malagasy Ariaries € 0.14 Euros
MGA800 Malagasy Ariaries € 0.16 Euros
MGA900 Malagasy Ariaries € 0.18 Euros
MGA1000 Malagasy Ariaries € 0.2 Euros
MGA2000 Malagasy Ariaries € 0.4 Euros
MGA3000 Malagasy Ariaries € 0.6 Euros
MGA4000 Malagasy Ariaries € 0.79 Euros
MGA5000 Malagasy Ariaries € 0.99 Euros

Frequently Asked Questions

What is the exchange rate of EUR to MGA today?

The exchange rate of Euro (EUR) = 5033.85 Malagasy Ariaries (MGA) as of May 2, 2025, at 11:50 PM UTC.

What factors influence the Euro to Malagasy Ariary exchange rate?

The Euro to Malagasy Ariary exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.

How often does the Euro to Malagasy Ariary exchange rate fluctuate?

The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.

How often is the chart updated?

Our currency charts update in real-time during active forex market hours. On weekends, the exchange rate remains static, with the last Friday rate holding until trading resumes on Sunday evening (UTC). We also offer a decade of historical data for deeper insights. Check out our real-time charts for the EUR to MGA exchange rate.

Can I predict the future Euro to Malagasy Ariary rate?

While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.