Euro to Malagasy Ariary
Convert EUR to MGA
One EUR is worth 5,130.55 MGA.
One MGA is worth 0.000195 EUR.
1 EUR is worth 5,130.55 MGA at the mid-market rate. That rate is indicative, dated below, and is the reference figure before any bank or bureau margin.
Updated Nov 10, 2026, 12:02 AM
Converted amount
5,131 MGA
1 EUR = 5,130.55 MGA · 1 MGA = 0.000195 EUR
Updated Nov 10, 2026, 12:02 AM
EUR to MGA conversion table
Common Euro amounts converted into Malagasy Ariary at the mid-market rate dated on this page. Read a price straight off the table instead of typing an amount.
| Amount in EUR | Converted to MGA |
|---|---|
| 1 EUR | 5,131 MGA |
| 5 EUR | 25,653 MGA |
| 10 EUR | 51,306 MGA |
| 25 EUR | 128,264 MGA |
| 50 EUR | 256,528 MGA |
| 100 EUR | 513,055 MGA |
| 250 EUR | 1,282,638 MGA |
| 500 EUR | 2,565,275 MGA |
| 1,000 EUR | 5,130,550 MGA |
| 2,500 EUR | 12,826,376 MGA |
| 5,000 EUR | 25,652,752 MGA |
| 10,000 EUR | 51,305,503 MGA |
| 25,000 EUR | 128,263,759 MGA |
| 50,000 EUR | 256,527,517 MGA |
| 100,000 EUR | 513,055,034 MGA |
Convert MGA back to EUR
| Amount in MGA | Converted to EUR |
|---|---|
| 10,000 MGA | 1.95 EUR |
| 50,000 MGA | 9.75 EUR |
| 100,000 MGA | 19.49 EUR |
| 250,000 MGA | 48.73 EUR |
| 500,000 MGA | 97.46 EUR |
| 1,000,000 MGA | 194.91 EUR |
| 2,500,000 MGA | 487.28 EUR |
| 5,000,000 MGA | 974.55 EUR |
| 10,000,000 MGA | 1,949.11 EUR |
| 50,000,000 MGA | 9,745.54 EUR |
| 100,000,000 MGA | 19,491.09 EUR |
The figure shown is the mid-market rate: the midpoint between the buy and sell price, dated on the page. 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 a mid-market reading of EUR/MGA, dated above. It says where the pair stood at that time, 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 513,055 MGA at the mid-market rate shown on this page, where one EUR is worth 5,130.55 MGA. The pair moves through the day, so check the date under the rate before you rely on the figure.
Is 5,130.55 the rate my bank will give me?
No. 5,130.55 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?
One EUR is worth 5,130.55 MGA, and one MGA is worth 0.000195 EUR, at the time shown under the rate. The figure comes from ExchangeRate-API: it is a mid-market reading rather than a live trading price, and every figure on this page, the converter included, uses it.
How do I convert MGA back to EUR?
Use the inverse rate: one MGA is worth 0.000195 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. 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, dated where it is shown. 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.