Updated

1 MGA to NIO - Convert Malagasy Ariarys to Nicaraguan Córdobas

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

MGA/NIO Converter

Indicative rates
1 MGA = 0.008084 NIO1 NIO = 123.7013 MGA
Send MGA to NIO

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MGA to NIO Exchange Rate Chart

Explore MGA to NIO 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 = 0.008084 NIO

MGA to NIO Exchange Rate Chart0.0079860.0082290.0084710.00871431 Jul13 Sep28 Oct
2026-07-31 — 2026-10-28 · MGA/NIO
High0.008639
Low0.008061
Average0.008417

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

1 MGA to NIO 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 NIO statistics
1 MGA → NIOLast 30 daysLast 90 days
High0.0083770.008639
Low0.0080610.008061
Average0.0082090.008417
Change-3.55%-6.31%

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 0.008061 to 0.008377 NIO, with an average daily close of 0.008209 NIO. The rate fell by 3.55% 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 0.008061 to 0.008639 NIO, with an average daily close of 0.008417 NIO. The rate fell by 6.31% 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 NIO Conversion Table

MGA → NIO

MGANIO
0.008084 NIO
0.0404 NIO
0.0808 NIO
0.1617 NIO
0.4042 NIO
0.8084 NIO
4.0420 NIO
8.0840 NIO
40.4200 NIO
80.8399 NIO

NIO → MGA

NIOMGA
123.7013 MGA
618.5063 MGA
1,237.0126 MGA
2,474.0253 MGA
6,185.0631 MGA
12,370.1263 MGA
61,850.6315 MGA
123,701.2630 MGA
618,506.3149 MGA
1,237,012.6298 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 Nicaragua Cordoba NIO

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

ISO 4217
NIO
Symbol
C$
Numeric code
558
ISO decimal places
2
Countries and territories
Nicaragua
Region
North America
Currency status
Current currency
Central bank / issuing authority
Central Bank of Nicaragua ↗

Understanding this conversion

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

1 MGA = 0.008084 NIO · 1 NIO = 123.7013 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