Updated

1 MGA to NZD - Convert Malagasy Ariarys to New Zealand Dollars

Get the latest 1 Malagasy Ariary to New Zealand Dollar exchange rate. Convert MGA to NZD, view historical charts and learn about both currencies on Currency.me.uk.

MGA/NZD Converter

Indicative rates
1 MGA = 0.0003910 NZD1 NZD = 2,557.3703 MGA
Send MGA to NZD

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

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MGA to NZD Exchange Rate Chart

Explore MGA to NZD 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 = 0.0003910 NZD

MGA to NZD Exchange Rate Chart0.00038320.00039090.00039860.000406331 Jul13 Sep28 Oct
2026-07-31 — 2026-10-28 · MGA/NZD
High0.0004040
Low0.0003856
Average0.0003961

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

1 MGA to NZD 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 NZD statistics
1 MGA → NZDLast 30 daysLast 90 days
High0.00040400.0004040
Low0.00038560.0003856
Average0.00039560.0003961
Change-4.21%-2.85%

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 0.0003856 to 0.0004040 NZD, with an average daily close of 0.0003956 NZD. The rate fell by 4.21% 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 0.0003856 to 0.0004040 NZD, with an average daily close of 0.0003961 NZD. The rate fell by 2.85% 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 NZD Conversion Table

MGA → NZD

MGANZD
0.0003910 NZD
0.001955 NZD
0.003910 NZD
0.007821 NZD
0.0196 NZD
0.0391 NZD
0.1955 NZD
0.3910 NZD
1.9551 NZD
3.9103 NZD

NZD → MGA

NZDMGA
2,557.3703 MGA
12,786.8514 MGA
25,573.7029 MGA
51,147.4058 MGA
127,868.5144 MGA
255,737.0289 MGA
1,278,685.1444 MGA
2,557,370.2887 MGA
12,786,851.4437 MGA
25,573,702.8875 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 New Zealand Dollar NZD

NZD identifies the New Zealand dollar. The Reserve Bank of New Zealand is its central bank. Use the currency code alongside the amount to distinguish New Zealand dollars from other dollar-denominated currencies.

ISO 4217
NZD
Symbol
NZ$
Numeric code
554
ISO decimal places
2
Countries and territories
Cook Islands, New Zealand, Niue, Pitcairn, Tokelau
Region
Oceania
Currency status
Current currency
Central bank / issuing authority
Reserve Bank of New Zealand ↗

Understanding this conversion

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

1 MGA = 0.0003910 NZD · 1 NZD = 2,557.3703 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