Updated 28 Oct 2026, 04:56 UTC

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

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1 NGN = 3.4016 MGA1 MGA = 0.2940 NGN

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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.

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 → MGA	Last 30 days	Last 90 days
High	3.4183	3.4183
Low	3.3118	3.1284
Average	3.3681	3.2684
Change	2.38%	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

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

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

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 ↗

NGN exchange rates →Official currency reference ↗

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 ↗

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 = 3.4016 MGA · 1 MGA = 0.2940 NGN

View exchange rate chart Reverse conversion

Reference data reviewed 27 Oct 2026 · ISO 4217 / SIX