Updated 28 Oct 2026, 03:47 UTC

1 MGA to NGN - Convert Malagasy Ariarys to Nigerian Nairas

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

MGA/NGN Converter

Indicative rates

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1 MGA = 0.2940 NGN1 NGN = 3.4016 MGA

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MGA to NGN Exchange Rate Chart

Explore MGA to NGN 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.

2026-07-31 — 2026-10-28 · MGA/NGN

High0.3196

Low0.2925

Average0.3062

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

1 MGA to NGN 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 NGN statistics
1 MGA → NGN	Last 30 days	Last 90 days
High	0.3019	0.3196
Low	0.2925	0.2925
Average	0.2969	0.3062
Change	-2.32%	-7.92%

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 0.2925 to 0.3019 NGN, with an average daily close of 0.2969 NGN. The rate fell by 2.32% 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 0.2925 to 0.3196 NGN, with an average daily close of 0.3062 NGN. The rate fell by 7.92% 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 NGN Conversion Table

MGA → NGN

MGA	NGN
	0.2940 NGN
	1.4699 NGN
	2.9398 NGN
	5.8796 NGN
	14.6990 NGN
	29.3980 NGN
	146.9902 NGN
	293.9804 NGN
	1,469.9021 NGN
	2,939.8043 NGN

NGN → MGA

NGN	MGA
	3.4016 MGA
	17.0079 MGA
	34.0159 MGA
	68.0317 MGA
	170.0794 MGA
	340.1587 MGA
	1,700.7935 MGA
	3,401.5870 MGA
	17,007.9350 MGA
	34,015.8700 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 ↗

MGA exchange rates →Official currency reference ↗

About Nigerian Naira NGN

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

ISO 4217: NGN
Symbol: ₦
Numeric code: 566
ISO decimal places: 2
Countries and territories: Nigeria
Region: Africa
Currency status: Current currency
Central bank / issuing authority: Central Bank of Nigeria ↗

NGN exchange rates →Official currency reference ↗

Understanding this conversion

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

1 MGA = 0.2940 NGN · 1 NGN = 3.4016 MGA

View exchange rate chart Reverse conversion

Reference data reviewed 27 Oct 2026 · ISO 4217 / SIX