🇲🇬Malagasy Ariary to Euro
This page gives a quick reference rate for converting between the Malagasy Ariary (MGA) and the Euro (EUR). The Malagasy Ariary is used in Madagascar. Rates below are indicative snapshots as of late July 2026 — for live rates when sending money or exchanging cash, check your bank, Wise, or XE.
Conversion Table
MGA → EUR
| MGA | EUR |
|---|---|
| 1 MGA | 0.000202 EUR |
| 5 MGA | 0.001011 EUR |
| 10 MGA | 0.002022 EUR |
| 25 MGA | 0.005055 EUR |
| 50 MGA | 0.01011 EUR |
| 100 MGA | 0.02022 EUR |
| 250 MGA | 0.050549 EUR |
| 500 MGA | 0.101099 EUR |
| 1,000 MGA | 0.202198 EUR |
| 5,000 MGA | 1.011 EUR |
EUR → MGA
| EUR | MGA |
|---|---|
| 1 EUR | 4,945.65 MGA |
| 5 EUR | 24,728.26 MGA |
| 10 EUR | 49,456.52 MGA |
| 25 EUR | 123,641.30 MGA |
| 50 EUR | 247,282.61 MGA |
| 100 EUR | 494,565.22 MGA |
| 250 EUR | 1,236,413.04 MGA |
| 500 EUR | 2,472,826.09 MGA |
| 1,000 EUR | 4,945,652.17 MGA |
| 5,000 EUR | 24,728,260.87 MGA |
Frequently Asked Questions
How much is 100 MGA in EUR?
100 MGA is approximately 0.02022 EUR at the reference rate of 1 EUR ≈ 4,945.65 MGA. Rates move daily — use the converter above for other amounts.
Is the Malagasy Ariary pegged to the Euro?
Most African currencies either float freely or are pegged to a major reference currency, often the US dollar or euro. See the full Malagasy Ariary guide for its specific exchange rate regime and how that affects its rate against the Euro.
What's the best way to exchange MGA for EUR?
Banks, licensed forex bureaus, and services like Wise or Revolut typically offer better rates than airport kiosks. Compare the mid-market rate shown here against what you're quoted before exchanging.
Where can I find rates for other currency pairs?
The African Currencies directory covers all 54 African countries, with USD, EUR and GBP conversions for each.