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Euro Euro to Malagasy Ariary | Bank

Live exchange rate for Euro to Malagasy Ariary at Bank, Friday, 25.04.2025 05:32

Buy 5,048.02

Sell 5,048.02

Change 1.61

Last price yesterday 5,046.41

The Euro (EUR) is the official currency of the Eurozone, which includes 20 of the 27 European Union (EU) member states. It is one of the world's most widely used and traded currencies, managed by the European Central Bank (ECB) and the Eurosystem. The Euro was introduced in 1999 for electronic transactions and officially replaced national currencies in 2002. It is known for its stability and influence in global financial markets.

The Malagasy Ariary (MGA) is the official currency of Madagascar. Introduced in 2005 to replace the Malagasy Franc, it is issued by the Central Bank of Madagascar. The currency plays a vital role in the country's economy and financial stability.