Updated

1 NGN to MGA - Convert Nigerian Nairas to Malagasy Ariarys

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

NGN/MGA Converter

Indicative rates
1 NGN = 3.4012 MGA1 MGA = 0.2940 NGN
Send NGN to MGA

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

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NGN to MGA Exchange Rate Chart

Explore NGN 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 NGN = 3.4012 MGA

NGN to MGA Exchange Rate Chart3.09083.21253.33423.456031 Jul13 Sep28 Oct
2026-07-31 — 2026-10-28 · NGN/MGA
High3.4183
Low3.1284
Average3.2684

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

1 NGN 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 NGN to MGA statistics
1 NGN → MGALast 30 daysLast 90 days
High3.41833.4183
Low3.31183.1284
Average3.36813.2684
Change2.38%8.60%

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 NGN ranged from 3.3118 to 3.4183 MGA, with an average daily close of 3.3681 MGA. The rate rose by 2.38% 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 NGN ranged from 3.1284 to 3.4183 MGA, with an average daily close of 3.2684 MGA. The rate rose by 8.60% 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

NGN to MGA Conversion Table

NGN → MGA

NGNMGA
3.4012 MGA
17.0058 MGA
34.0115 MGA
68.0230 MGA
170.0575 MGA
340.1151 MGA
1,700.5753 MGA
3,401.1506 MGA
17,005.7529 MGA
34,011.5059 MGA

MGA → NGN

MGANGN
0.2940 NGN
1.4701 NGN
2.9402 NGN
5.8804 NGN
14.7009 NGN
29.4018 NGN
147.0091 NGN
294.0181 NGN
1,470.0907 NGN
2,940.1815 NGN

Currency information

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

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 ↗

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 NGN by the NGN/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 NGN = 3.4012 MGA · 1 MGA = 0.2940 NGN

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