Euro to Malagasy Ariary
Convert EUR to MGA
One EUR is worth 5,010.89 MGA.
One MGA is worth 0.000200 EUR.
1 EUR is worth 5,010.89 MGA at the mid-market rate. That rate is indicative, refreshed hourly, and is the reference figure before any bank or bureau margin.
Updated Sep 20, 2026, 12:02 AM
Converted amount
5,011 MGA
1 EUR = 5,010.89 MGA · 1 MGA = 0.000200 EUR
Updated Sep 20, 2026, 12:02 AM
EUR to MGA conversion table
Common Euro amounts converted into Malagasy Ariary at the current mid-market rate, refreshed every hour. Read a price straight off the table instead of typing an amount.
| Amount in EUR | Converted to MGA |
|---|---|
| 1 EUR | 5,011 MGA |
| 5 EUR | 25,054 MGA |
| 10 EUR | 50,109 MGA |
| 25 EUR | 125,272 MGA |
| 50 EUR | 250,545 MGA |
| 100 EUR | 501,089 MGA |
| 250 EUR | 1,252,723 MGA |
| 500 EUR | 2,505,446 MGA |
| 1,000 EUR | 5,010,892 MGA |
| 5,000 EUR | 25,054,462 MGA |
| 10,000 EUR | 50,108,924 MGA |
Convert MGA back to EUR
| Amount in MGA | Converted to EUR |
|---|---|
| 10,000 MGA | 2.00 EUR |
| 50,000 MGA | 9.98 EUR |
| 100,000 MGA | 19.96 EUR |
| 250,000 MGA | 49.89 EUR |
| 500,000 MGA | 99.78 EUR |
| 1,000,000 MGA | 199.57 EUR |
| 5,000,000 MGA | 997.83 EUR |
| 10,000,000 MGA | 1,995.65 EUR |
The figure shown is the mid-market rate: the midpoint between the buy and sell price, updated hourly. It is the rate before any margin is added, so a bank or a bureau de change will quote you a lower one.
About the Euro to Malagasy Ariary rate
This page converts the Euro (EUR) into the Malagasy Ariary (MGA) at the mid-market rate. Both currencies trade continuously on the foreign exchange market, and the ratio between them moves with interest rates, inflation and the trade flows between their economies. The rate shown here is the neutral reference each bank, card network and bureau de change then builds its own price on top of.
Every figure on this page is an hourly mid-market reading of EUR/MGA. It says where the pair stands right now, not where it is heading: no rate here is a forecast, a quote, or an offer to exchange.
EUR to MGA: common questions
How much is 100 EUR in MGA?
100 EUR converts to 501,089 MGA at the current mid-market rate, where one EUR is worth 5,010.89 MGA. That rate is refreshed every hour from ExchangeRate-API, so the figure moves through the day.
Is 5,010.89 the rate my bank will give me?
No. 5,010.89 is the mid-market rate for EUR to MGA, the midpoint between the buy and sell price and the rate before anyone adds a margin. A bank, a card network or a bureau de change quotes a lower rate on this pair and may charge a fee on top, so expect to receive less than the converted figure shown here.
What is the EUR to MGA exchange rate today?
Today one EUR is worth 5,010.89 MGA, and one MGA is worth 0.000200 EUR. The figure comes from ExchangeRate-API and is refreshed every hour, so it is the latest hourly mid-market reading rather than a live trading price.
How do I convert MGA back to EUR?
Use the inverse rate: one MGA is worth 0.000200 EUR, so multiply your Malagasy Ariary amount by that figure. You can also swap the two currencies in the converter above and the table recalculates in the other direction.
Can I convert EUR to MGA without internet?
Yes, in the Android app. It stores the last synced EUR to MGA rate on the device and keeps converting with no connection, then updates as soon as you are online again. This website needs a connection, because it fetches the rate when the page loads.
Why does the EUR to MGA rate keep changing?
The Euro and the Malagasy Ariary are priced against each other continuously on the currency market, and this page follows that market with an hourly refresh. Interest rates, inflation, trade flows and political news all move the pair, which is why the rate you saw in the morning is rarely the rate you see at night.
Convert EUR to MGA offline
The Android app keeps the last synced rates on your phone, so EUR to MGA still converts with no connection: on a plane, in a metro, or abroad without a data plan. It also converts one source currency into several targets on one screen, charts the history of every pair, and can send you a push notification when EUR/MGA crosses a level you set.
Other conversions people make with EUR and MGA
The EUR to MGA rate on this page is an indicative mid-market rate from ExchangeRate-API, refreshed hourly. It is the rate before any margin is added, so a bank, a bureau de change or a payment provider will quote you less. Nothing on this page is financial advice.