Updated

1 MGA to INR - Convert Malagasy Ariarys to Indian Rupees

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

MGA/INR Converter

Indicative rates
1 MGA = 0.0209 INR1 INR = 47.9294 MGA
Send MGA to INR

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MGA to INR Exchange Rate Chart

Explore MGA to INR 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 MGA = 0.0209 INR

MGA to INR Exchange Rate Chart0.02060.02130.02190.022631 Jul13 Sep28 Oct
2026-07-31 — 2026-10-28 · MGA/INR
High0.0224
Low0.0208
Average0.0218

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

1 MGA to INR 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 MGA to INR statistics
1 MGA → INRLast 30 daysLast 90 days
High0.02190.0224
Low0.02080.0208
Average0.02130.0218
Change-4.40%-6.51%

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 MGA ranged from 0.0208 to 0.0219 INR, with an average daily close of 0.0213 INR. The rate fell by 4.40% 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 MGA ranged from 0.0208 to 0.0224 INR, with an average daily close of 0.0218 INR. The rate fell by 6.51% 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

MGA to INR Conversion Table

MGA → INR

MGAINR
0.0209 INR
0.1043 INR
0.2086 INR
0.4173 INR
1.0432 INR
2.0864 INR
10.4320 INR
20.8640 INR
104.3201 INR
208.6402 INR

INR → MGA

INRMGA
47.9294 MGA
239.6470 MGA
479.2941 MGA
958.5881 MGA
2,396.4703 MGA
4,792.9406 MGA
23,964.7028 MGA
47,929.4056 MGA
239,647.0282 MGA
479,294.0565 MGA

Currency information

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

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 ↗

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 ↗

Understanding this conversion

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

1 MGA = 0.0209 INR · 1 INR = 47.9294 MGA

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