More than exchange rates, Xe sends money to over 190 countries worldwide.
1,000 MGF to EUR - Convert Malagasy Francs to Euros
Xe currency converter
1.00 MGF = 0.00003938 EUR
Mid-market rate at 09:16 UTC
€
We use the mid-market rate for our Converter. This is for informational purposes only. You won’t receive this rate when sending money. Login to view send rates
MGF to EUR exchange rates today
Convert Malagasy Franc to Euro
MGF to EUR chart
See your 1,000 MGF in motion. Our live MGF to EUR chart tracks 12 months of real-time, mid-market rates and shows exactly how much your money was worth at any point in time. Want to know when the rate moves in your favor? Set a rate alert and we’ll let you know when it hits your target.
1 MGF = 0.0000393896 EUR
Nov 6, 2026, 09:16 UTC
Compare and save
When you compare Xe to leading banks and providers, the difference is clear. Bank-beating rates and no hidden fees mean more value on every transfer.
| Provider |  |  |
|---|---|---|
| Recipient getsSending 20,000.00 GBP | 26,868.00 USD+557.74 USD | 26,310.25 USD-557.74 USD |
| Exchange rate(1GBP → USD) | 1.343400 | 1.316500 |
| Transfer fee | 0.00 GBP | 15.00 GBP |
| Send now |
Sending 20,000.00 GBP
- Exchange rate
- 1.343400
- Transfer fee
- 0.00 GBP
- Recipient gets
- 26,868.00 USD+557.74 USD
- Exchange rate
- 1.316500
- Transfer fee
- 15.00 GBP
- Recipient gets
- 26,310.25 USD-557.74 USD
Rates obtained as of 11/5/2026
The comparison savings are based on a single transfer of GBP 20,000 to USD. Savings are calculated by comparing the exchange rate including margins and fees provided by each bank and Xe on the same day 11/5/2026. The comparison savings provided is true only for the example given and may not include all fees and charges. Different currency exchange amounts, currency types, dates, times, and other individual factors will result in different comparison savings. These results therefore may not be indicative of actual savings and should be used only as a guide. The rate comparison chart is updated quarterly.
| Metric | Last 7 days | Last 30 days | Last 90 days |
|---|---|---|---|
| High | 0.00019 | 0.00020 | 0.00020 |
| Low | 0.00019 | 0.00019 | 0.00019 |
| Average | 0.00019 | 0.00019 | 0.00019 |
| Volatility | 0.61% | 0.76% | 0.56% |
MGF to EUR statistics
Over the last 7 days, MGF to EUR moved between 0.00019 and 0.00019. The average was 0.00019 with 0.61% volatility.
Over the last 30 days, MGF to EUR moved between 0.00019 and 0.00020. The average was 0.00019 with 0.76% volatility.
Over the last 90 days, MGF to EUR moved between 0.00019 and 0.00020. The average was 0.00019 with 0.56% volatility.
Manage your currencies on the go with the Xe app
It has everything you need for international money transfers — easy, secure, and low fees starting at $0.
Showing 8 popular currency pairs
Popular Malagasy Franc (MGF) pairings
International money transfers done right
Xe makes international money transfers simple. See all pricing upfront, get reliable delivery estimates, and track every transfer in real time. Send to 190+ countries in 130+ currencies.
More live MGF currency charts
Currency information
Learn more about the MGF and EUR
MGF - Malagasy Franc
Our currency rankings show that the most popular Malagasy Franc exchange rate is the MGF to USD rate. The currency code for Malagasy Francs is MGF.
EUR - Euro
Our currency rankings show that the most popular Euro exchange rate is the EUR to USD rate. The currency code for Euros is EUR. The currency symbol is €.
More Euro infoXe for business
Global business payments simplified.
Whether you need to make cross-border payments or FX risk management solutions, we’ve got you covered. Schedule international transfers across 130 currencies in 190+ countries.
MGF to EUR frequently asked questions