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MGA to INR exchange rate

Malagasy Ariary to Indian Rupee currency converter at the live mid-market rate.

Reference rate (mid-market)

1 MGA = 0.02075 INR

1 INR = 48.1944 MGA

Rate as of . Market reference rate, updated about every 30 minutes.

Reference rate only. MigraPay does not currently support sending Malagasy Ariary (MGA) to Indian Rupee (INR). The rate above is the mid-market rate for comparison; it is not a MigraPay quote.

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Reference rate

Amount

Converted to

1 MGA = 0.0000 INR

Rate typeMid-market
Sending MGA with MigraPayNot yet available
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Mid-market reference rate, not a MigraPay quote

MGA to INR conversion tables

Popular amounts at today's rate, in both directions.

Malagasy Ariary to Indian Rupee
MGAINR
1 MGA0.02075 INR
5 MGA0.1037 INR
10 MGA0.2075 INR
20 MGA0.415 INR
50 MGA1.0375 INR
100 MGA2.0749 INR
200 MGA4.1499 INR
500 MGA10.3747 INR
1,000 MGA20.7493 INR
2,000 MGA41.4986 INR
5,000 MGA103.75 INR
10,000 MGA207.49 INR
Indian Rupee to Malagasy Ariary
INRMGA
1 INR48.1944 MGA
5 INR240.97 MGA
10 INR481.94 MGA
20 INR963.89 MGA
50 INR2,409.72 MGA
100 INR4,819.44 MGA
200 INR9,638.87 MGA
500 INR24,097.18 MGA
1,000 INR48,194.36 MGA
2,000 INR96,388.71 MGA
5,000 INR240,971.78 MGA
10,000 INR481,943.56 MGA

MGA to INR exchange rate history

Market rate over time, with the high, low and average for any period you pick.

Why the MGA to INR rate changes

The Malagasy Ariary to Indian Rupee exchange rate is not fixed. It moves with supply and demand for each currency, interest-rate decisions by the central banks that issue them, inflation, commodity prices and the general appetite for risk in global markets. Most emerging-market currencies are priced through the US dollar, so a strong or weak dollar day usually shows up in the MGA to INR rate too.

The rate on this page is the mid-market rate: the midpoint between buy and sell prices on the global market, updated about every 30 minutes. Banks and transfer services add a spread and fees on top, so the MGA to INR rate you are offered will usually be lower than the figure here. Use it as the benchmark to judge any quote.

More exchange rates

INR to MGA and other INR rates

MGA to other currencies

Other currencies to INR

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MGA to INR FAQ

What is the MGA to INR exchange rate today?

1 Malagasy Ariary (MGA) is 0.02075 Indian Rupee (INR), as of 26 Oct 2026, 21:45 UTC. This is the mid-market reference rate, updated about every 30 minutes.

How much is 100 MGA in Indian Rupee?

100 MGA is 2.0749 INR at the mid-market rate.

How much is 1,000 MGA in INR?

1,000 MGA converts to 20.7493 INR at the mid-market rate.

How much is 2,000 MGA in Indian Rupee?

2,000 MGA is 41.4986 INR at the mid-market rate.

How much is 100 INR in MGA?

100 INR converts to 4,819.44 MGA at the mid-market rate.

Can I send MGA to INR with MigraPay?

Not yet. MigraPay currently sends from Canada, the United States, the United Kingdom and the euro area to Nigeria, Ghana, Kenya and other destinations, plus USDT and USDC wallets. This page is a reference rate for Malagasy Ariary to Indian Rupee only.

Is the MGA to INR rate the same as the mid-market rate?

Yes. It is the wholesale rate between MGA and INR on the global market. Banks and transfer services add a spread and fees on top, so the rate you are offered will usually be lower.

How often is this exchange rate updated?

About every 30 minutes, from a global market-data provider. The history chart below shows the daily closing rate for the period you pick.

Rates are mid-market reference rates for information only and are not a quote or an offer to transact.