Euro to Malagasy Ariary market rate
1 Euro =
5,105.94 MGA
1 MGA = 0.000196 EUR
Market rates from ExchangeRate-API, for information only.
Market exchange rate
1 EUR = 5,105.94 MGA
We record one rate per day — the trend chart fills up as history builds. Check back tomorrow!
Money transfer services rarely give you the market rate. Compare their real rate and fees for your corridor:
| 1 EUR | 5,105.94 MGA |
| 5 EUR | 25,529.70 MGA |
| 10 EUR | 51,059.39 MGA |
| 25 EUR | 127,648.48 MGA |
| 50 EUR | 255,296.96 MGA |
| 100 EUR | 510,593.92 MGA |
| 250 EUR | 1,276,484.79 MGA |
| 500 EUR | 2,552,969.58 MGA |
| 1,000 EUR | 5,105,939.17 MGA |
| 5,000 EUR | 25,529,695.84 MGA |
| 1 MGA | 0.00 EUR |
| 5 MGA | 0.00 EUR |
| 10 MGA | 0.00 EUR |
| 25 MGA | 0.00 EUR |
| 50 MGA | 0.01 EUR |
| 100 MGA | 0.02 EUR |
| 250 MGA | 0.05 EUR |
| 500 MGA | 0.10 EUR |
| 1,000 MGA | 0.20 EUR |
| 5,000 MGA | 0.98 EUR |
Today's market rate is 1 EUR = 5,105.94 MGA (updated October 30, 2026 at 12:00 AM UTC). Conversely, 1 MGA = 0.000196 EUR.
Not exactly. The market rate is a benchmark: most banks and transfer services apply a margin to it. Compare providers on RemitLens to find the one whose rate is closest to 5,105.94 MGA per EUR, with the lowest fees.
At today's market rate, 100 EUR equals 510,593.92 MGA. What your recipient actually receives depends on the provider's exchange rate and fees.
We refresh our market rates once a day. Provider rates on our comparison pages are also checked daily.