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Euro to Malagasy Ariary — exchange rate

You will find a currency converter from the EUR to the MGA on this page. It is possible to convert any amount from Euro to Malagasy Ariary (€ to Ar) using Myfin currency converter at the live rates of 12:23 PM 10-21-2026.

Amount
From
EUREuro
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To
MGAMalagasy Ariary
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1 EUR = 5 074.34 MGA

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Information updates: Wednesday, 10-21-2026 12:23 PM ET
MGA EUR

To calculate the values for foreign currency conversions, we use the market exchange rates of 159 currencies of the world.

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EUREuro

Country of Circulation: European Union

Currency Code, Symbol: EUR, €

Denominations of coins in circulation: 1c, 2c, 5c, 10c, 20c, 50c, €1, €2

Denominations of banknotes in circulation: €5, €10, €20, €50, €100

History: The euro (sign: €, code: EUR, number: 978) is a currency unit that is used for payment on the Eurozone territory. It is used among the majority of European countries: in Germany, Austria, Spain, France, Greece, etc. A common abbreviation of the currency is EUR.Every euro is worth 100 cents. Sometimes the coins are called eurocents to avoid misunderstanding. The € currency was introduced in 2002 after the official establishment of the European Union. It has replaced a lot of European currencies: Greek drachma, Lithuanian litas, Slovak krona and so on. Introducing euro on a vast territory has allowed to remove transfer commission connected to conversion. Many preserved local currencies have a rate closely tied to EUR.Read More

MGAMalagasy Ariary

Country of Circulation: Madagascar

Currency Code, Symbol: MGA, Ar

Denominations of coins in circulation: 1, 2 iraimbilanja; 1, 2, 4, 5, 10, 20, 50 Ar

Denominations of banknotes in circulation: 100, 200, 500, 1000, 2000, 5000, 10,000, 20,000 Ar

History: The Malagasy ariary (Ar.) is the currency of Madagascar, but is also used for payment on the territory of Mauritania. On the international currency market, it is simplified to MGA.The ariary is exchanged into iriambilanja. One MGA equals 5 iriambilanja. The Malagasy ariary has been issued since 2005. The currency has officially replaced the Malagasy franc. At the moment, the notes that were issued after 2003 are mostly in circulation. Old series are being gradually taken out of circulation and replaced by the new one.Read More

Convert Euro to Malagasy Ariary

EuroMalagasy Ariary
1 EUR 5,074.34 MGA
10 EUR 50,743.39 MGA
100 EUR 507,433.9 MGA
200 EUR 1,014,867.8 MGA
300 EUR 1,522,301.7 MGA
400 EUR 2,029,735.6 MGA
500 EUR 2,537,169.5 MGA
1,000 EUR 5,074,339 MGA
5,000 EUR 25,371,695.01 MGA
10,000 EUR 50,743,390.01 MGA
100,000 EUR 507,433,900.12 MGA
1,000,000 EUR 5,074,339,001.18 MGA
Malagasy AriaryEuro
1 MGA 0.000197 EUR
100 MGA 0.019707 EUR
1,000 MGA 0.19707 EUR
10,000 MGA 1.9707 EUR
100,000 MGA 19.707 EUR
200,000 MGA 39.414001 EUR
300,000 MGA 59.121001 EUR
400,000 MGA 78.828001 EUR
500,000 MGA 98.535001 EUR
1,000,000 MGA 197.07 EUR
5,000,000 MGA 985.35 EUR
10,000,000 MGA 1,970.7 EUR
100,000,000 MGA 19,707 EUR
1,000,000,000 MGA 197,070 EUR

Historical data of the 1 Euro to the Malagasy Ariary exchange rate

In the table you can find 1 Euro to Ariary exchange rate for the last week.

DateEURMGAChange
Wednesday 10-21-2026 1 EUR 5,074.34 MGA 24.9090571994
Tuesday 10-20-2026 1 EUR 5,099.25 MGA 8.4002447153
Monday 10-19-2026 1 EUR 5,090.85 MGA 21.9282166093
Sunday 10-18-2026 1 EUR 5,068.92 MGA 3.8725863643
Saturday 10-17-2026 1 EUR 5,065.05 MGA 7.7154502059
Friday 10-16-2026 1 EUR 5,057.33 MGA 1.0742122893
Thursday 10-15-2026 1 EUR 5,058.41 MGA -

1 EUR to MGA chart

Contains historical rates for 1 Euro against Ariary for all the time.

1 Euro to Malagasy Ariary stats

Last 30 DaysLast 5 Years
High5,014.724,576.04
Low5,014.724,576.04
Average5,014.724,576.04

Other popular conversion pairs

EUR USD EUR JPY EUR BGN
EUR CZK EUR DKK EUR GBP
EUR HUF EUR PLN EUR RON
EUR SEK EUR CHF EUR ISK
EUR NOK EUR HRK EUR RUB
EUR TRY EUR AUD EUR BRL
EUR CAD EUR CNY EUR HKD
EUR IDR EUR ILS EUR INR
EUR KRW EUR MXN EUR MYR
EUR NZD EUR PHP EUR SGD
EUR THB EUR ZAR EUR AED
EUR AFN EUR ALL EUR AMD
EUR AOA EUR ARS EUR AWG
EUR AZN EUR BAM EUR BBD
EUR BDT EUR BHD EUR BIF
EUR BMD EUR BND EUR BOB
EUR BSD EUR BTN EUR BWP
EUR BYN EUR BZD EUR CDF
EUR CLP EUR COP EUR CUC
EUR CUP EUR CVE EUR DJF
EUR DOP EUR DZD EUR EGP
EUR ERN EUR ETB EUR FJD
EUR FKP EUR GEL EUR GGP
EUR GHS EUR GIP EUR GMD
EUR GNF EUR GTQ EUR GYD
EUR HNL EUR HTG EUR IMP
EUR IQD EUR IRR EUR JEP
EUR JMD EUR JOD EUR KES
EUR KGS EUR KHR EUR KMF
EUR KPW EUR KWD EUR KYD
EUR KZT EUR LAK EUR LBP
EUR LKR EUR LRD EUR LSL
EUR LYD EUR MAD EUR MDL
EUR MKD EUR MMK EUR MNT
EUR MOP EUR MRU EUR MUR
EUR MVR EUR MWK EUR MZN
EUR NAD EUR NGN EUR NIO
EUR NPR EUR OMR EUR PAB
EUR PEN EUR PGK EUR PKR
EUR PYG EUR QAR EUR RSD
EUR RWF EUR SAR EUR SBD
EUR SCR EUR SDG EUR SHP
EUR SLL EUR SOS EUR SRD
EUR STD EUR SYP EUR SZL
EUR TJS EUR TMT EUR TND
EUR TOP EUR TTD EUR TWD
EUR TZS EUR UAH EUR UGX
EUR UYU EUR UZS EUR VND
EUR VUV EUR WST EUR XAF
EUR XCD EUR XDR EUR XOF
EUR XPF EUR YER EUR ZMW

FAQ

  • EUR/MGA – Euro to Malagasy Ariary conversion

    Our EUR/MGA currency converter allows instant conversion by live rates. Current value of 1 EUR equals 5 074.33900118 MGA.

  • Euro to Malagasy Ariary conversion

    We use quotation information as of 10-21-2026 12:23 PM ET to calculate the conversion rate of two currencies. Specified values are considered average but can match the rates of specific financial organizations. To get a result, you only need to:
    • indicate an amount of money to convert in the window with Euros;
    • wait for automatic EUR to MGA conversion.
    With the help of this tool, you can convert any amount of Euros into Malagasy Ariarys in a few seconds.

  • How has the dynamic of EUR to MGA rate changed in the last week

    Here you can also find a chart with the Euro rate fluctuations since 2015. In the last week, the pound to dollar conversion rate has changed by 15.9332 MGA or +0.314%.

  • The dynamic of EUR to MGA rate over the last month

    The monthly data of EUR to MGA conversion rate dynamic helps to understand market trends better. EUR has moved by +1.1748% or 59.6156 MGA.