Updated

1 INR to MGA - Convert Indian Rupees to Malagasy Ariarys

Get the latest 1 Indian Rupee to Malagasy Ariary exchange rate. Convert INR to MGA, view historical charts and learn about both currencies on Currency.me.uk.

INR/MGA Converter

Indicative rates
1 INR = 47.9653 MGA1 MGA = 0.0208 INR
Send INR to MGA

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INR to MGA Exchange Rate Chart

Explore INR to MGA daily closing rates. Choose a range from seven days to ten years to see how the exchange rate has changed, where historical data is available.

1 INR = 47.9653 MGA

INR to MGA Exchange Rate Chart44.305545.689647.073648.457631 Jul13 Sep28 Oct
2026-07-31 — 2026-10-28 · INR/MGA
High48.0293
Low44.7339
Average45.7879

Daily closing rates. Gaps in the plotted line carry forward the previous close; statistics use recorded observations only.

1 INR to MGA statistics

Compare the high, low and average daily closing rates over the last 30 and 90 days, alongside the percentage change in each period.

1 INR to MGA statistics
1 INR → MGALast 30 daysLast 90 days
High48.029348.0293
Low45.757244.7339
Average46.900045.7879
Change4.61%6.96%

Change compares the first and last recorded closes in each window. Averages use recorded observations only; filled chart gaps are excluded. Dates are UTC.

Last 30 days

Over this period, 1 INR ranged from 45.7572 to 48.0293 MGA, with an average daily close of 46.9000 MGA. The rate rose by 4.61% between the first and last recorded closes.

Based on 25 recorded daily closes, from 2026-09-29 to 2026-10-27.

Last 90 days

Over this period, 1 INR ranged from 44.7339 to 48.0293 MGA, with an average daily close of 45.7879 MGA. The rate rose by 6.96% between the first and last recorded closes.

Based on 76 recorded daily closes, from 2026-07-31 to 2026-10-27.

View exchange rate chart

INR to MGA Conversion Table

INR → MGA

INRMGA
47.9653 MGA
239.8267 MGA
479.6534 MGA
959.3068 MGA
2,398.2669 MGA
4,796.5339 MGA
23,982.6694 MGA
47,965.3389 MGA
239,826.6944 MGA
479,653.3888 MGA

MGA → INR

MGAINR
0.0208 INR
0.1042 INR
0.2085 INR
0.4170 INR
1.0424 INR
2.0848 INR
10.4242 INR
20.8484 INR
104.2419 INR
208.4839 INR

Currency information

Currency codes, issuing authorities and reference facts for your conversion.

About Indian Rupee INR

INR identifies the Indian rupee and ₹ is its currency symbol. The Reserve Bank of India is its central bank. A conversion calculation is a market-rate indication; the rate available from a bank or transfer provider may include charges or a margin.

ISO 4217
INR
Symbol
₹
Numeric code
356
ISO decimal places
2
Countries and territories
Bhutan, India
Region
Asia
Currency status
Current currency
Central bank / issuing authority
Reserve Bank of India ↗

About Malagasy Ariary MGA

Malagasy Ariary is identified by the international currency code MGA. Use the code when checking a quote or making a payment, as names and symbols can be shared by different currencies.

ISO 4217
MGA
Symbol
Ar
Numeric code
969
ISO decimal places
2
Countries and territories
Madagascar
Region
Africa
Currency status
Current currency
Central bank / issuing authority
Central Bank of Madagascar ↗

Understanding this conversion

Multiply an amount in INR by the INR/MGA rate to get its market-rate equivalent in MGA. Divide by that rate to convert back. A bank or provider may quote a different rate or charge fees.

1 INR = 47.9653 MGA · 1 MGA = 0.0208 INR

Reference data reviewed 27 Oct 2026 · ISO 4217 / SIX

About these rates

Indicative market rates. Banks and transfer providers may add fees or a margin.

Amount × Exchange rate = To