Euro
EUR
The Euro (EUR) is the official currency of Euro area. Convert live mid-market rates on this page and send with PEXX.
PEXX · EUR/MGA
Euro to Malagasy Ariary exchange rate today
Convert EUR to MGA at the live mid-market rate — then send with low, transparent fees.
Live mid-market rate
1 EUR = 5,051.6642 MGA
Updated Oct 29, 2026, 6:05 AM UTC
EUR€
They get
MGAAr
5,051,664.16
1 EUR = 5,051.6642 MGA
Live mid-market rate · Updated Oct 29, 2026, 6:05 AM UTC
Popular amounts
Mid-market rate for information only. Your final send rate is confirmed in the PEXX app before you transfer.
- Real mid-market rate
- Transfers in minutes
- AUSTRAC registered
As seen in
Backed by
- Mid-market rate
- 1 EUR = 5,051.6642 MGA
- Reverse rate
- 1 MGA = 0.000198 EUR
- Transfer speed
- Minutes
- Last updated
- Oct 29, 2026, 6:05 AM UTC
About the EUR to MGA mid-market rate
Check today's Euro to Malagasy Ariary exchange rate and convert any amount at the live mid-market rate. See how much your EUR is worth in MGA and move money faster and cheaper with PEXX.
The mid-market rate is the midpoint between the global buy and sell prices for a currency pair. It's the fairest, most transparent rate — the same one you'll see on Google or Reuters — with no hidden mark-up. Banks and many providers quote a weaker rate and keep the difference. PEXX passes on the mid-market rate with a low, clearly disclosed spread.
- No hidden exchange-rate mark-up
- The same rate shown here, refreshed hourly
- Lock it in before you confirm your transfer
EUR to MGA exchange rate over time
See how the Euro to Malagasy Ariary mid-market rate has moved — from the last 48 hours to the past five years. It's the same real rate we convert at, with no hidden mark-up.
Live mid-market rate
1 EUR = 5,051.6642 MGA
up 0.95%
5,106.95,057.55,008.14,958.6
Sep 28Oct 29
- Low
- 4,958.6327
- Average
- 5,031.2248
- High
- 5,106.9087
We use the real, mid-market rate with no sneaky mark-up. Learn more
EUR to MGA conversion tables
Quick reference for converting common Euro amounts to Malagasy Ariary and back, at today's mid-market rate.
EURMGA| Euro (EUR) | Malagasy Ariary (MGA) |
|---|---|
| €1.00 EUR | Ar5,051.66 MGA |
| €5.00 EUR | Ar25,258.32 MGA |
| €10.00 EUR | Ar50,516.64 MGA |
| €25.00 EUR | Ar126,291.60 MGA |
| €50.00 EUR | Ar252,583.21 MGA |
| €100.00 EUR | Ar505,166.42 MGA |
| €250.00 EUR | Ar1,262,916.04 MGA |
| €500.00 EUR | Ar2,525,832.08 MGA |
| €1,000.00 EUR | Ar5,051,664.16 MGA |
| €5,000.00 EUR | Ar25,258,320.78 MGA |
| €10,000.00 EUR | Ar50,516,641.56 MGA |
MGAEUR| Malagasy Ariary (MGA) | Euro (EUR) |
|---|---|
| Ar1.00 MGA | €0.00 EUR |
| Ar5.00 MGA | €0.00 EUR |
| Ar10.00 MGA | €0.00 EUR |
| Ar25.00 MGA | €0.00 EUR |
| Ar50.00 MGA | €0.01 EUR |
| Ar100.00 MGA | €0.02 EUR |
| Ar250.00 MGA | €0.05 EUR |
| Ar500.00 MGA | €0.10 EUR |
| Ar1,000.00 MGA | €0.20 EUR |
| Ar5,000.00 MGA | €0.99 EUR |
| Ar10,000.00 MGA | €1.98 EUR |
Popular EUR to MGA amounts
See what common Euro amounts are worth in Malagasy Ariary at today's live mid-market rate. Tap any amount to load it into the converter above.
How to send EUR to MGA with PEXX
Create your PEXX account
Sign up in minutes and complete a quick verification. No branch visits, no paperwork.
Add the recipient's details
Enter the destination bank account in MGA — we handle the conversion and payout.
Convert and send
Lock in the rate, confirm, and your transfer settles in minutes, not days.
Why convert EUR to MGA with PEXX
Real mid-market rate
We use the same mid-market rate you see here, with a low and transparent spread — no rate mark-ups buried in the fee.
Fast settlement
Most transfers arrive within minutes to a few hours, so recipients aren't left waiting days for funds to clear.
Secure and regulated
PEXX is a registered digital currency exchange and remittance provider, with institutional-grade custody and security.
PEXX vs banks and money transfer services
- PEXX
- Exchange rate
- Mid-market
- Fees
- Low, transparent
- Transfer speed
- Minutes
- Traditional bank
- Exchange rate
- Marked up 3–5%
- Fees
- $15–50 wire fee
- Transfer speed
- 2–5 business days
- Money transfer service
- Exchange rate
- Marked up 1–3%
- Fees
- Variable
- Transfer speed
- Hours to days
Comparison is indicative and for illustration only. Actual rates, fees and speeds vary by provider, corridor, amount and payment method.
PEXX app
Convert and send from your pocket
Download the PEXX app to check the EUR to MGA rate and send money at the real mid-market rate — anytime, anywhere.
About EUR and MGA
Malagasy Ariary
MGA
The Malagasy Ariary (MGA) is the official currency of MGA. Convert live mid-market rates on this page and send with PEXX.
EUR to MGA — frequently asked questions
What is the EUR to MGA exchange rate today?
The EUR to MGA rate shown on this page is the live mid-market rate — the midpoint between the global buy and sell price for Euro against Malagasy Ariary. It refreshes throughout the day, and the "updated" time above shows when it was last synced.
How do I convert EUR to MGA?
Enter the amount of Euro you want to convert in the calculator above and we'll instantly show the equivalent in Malagasy Ariary at the mid-market rate. To actually move money, create a PEXX account and send MGA directly to a bank account.
Is the mid-market EUR to MGA rate what I'll pay?
The mid-market rate is the fairest reference rate, but most banks and money-transfer services add a margin on top. PEXX keeps its spread transparent and low, so what you convert is close to the real rate you see here.
How long does a EUR to MGA transfer take with PEXX?
Most PEXX payouts settle within minutes to a few hours, depending on the destination and banking hours — far faster than the multi-day timelines typical of traditional bank wires.
Related EUR and MGA pairs
Ready to send EUR to MGA?
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Get started with PEXXExchange rates shown are live mid-market reference rates and are for informational purposes only. They are not the rate at which any transaction will necessarily be executed. PEXX is powered by PEXX Technology Pty Ltd (ACN 672 375 030), a registered Digital Currency Exchange (DCE) provider with AUSTRAC (DCE100851583-001) and a registered independent remittance dealer with AUSTRAC (IND100851583-001).
