1 INR to MGA1 Indian Rupee = 45.6007 Malagasy Ariary
🇮🇳 1 Indian Rupee (₹1) is worth 🏳️ 45.6007 Malagasy Ariary (MGA45.6007) at the current exchange rate of 1 INR = 45.6007 MGA. Rates were last updated Sep 22, 2026, 02:00 AM UTC.
Over the last 30 days, the INR to MGA rate rose 1.40% (high 45.8555 on September 18, 2026, low 44.9696 on August 25, 2026, average 45.4667). Over the last 90 days, the INR to MGA rate rose 1.39% (high 45.8555 on September 18, 2026, low 44.1842 on July 23, 2026, average 45.0626).
Looking for the reverse? MGA to INR
Currency converter
Convert 1 Indian Rupee to Malagasy Ariary
1 INR = MGA45.6007 MGA
1 MGA = ₹0.02193 INR
- 30-day change
- +1.40%
- 90-day high
- 45.8555
- 90-day low
- 44.1842
Last updated: Sep 22, 2026, 02:00 AM UTC
Convert Indian Rupee to Malagasy Ariary
| INR | MGA |
|---|---|
| ₹1 INR | MGA45.6007 MGA |
| ₹5 INR | MGA228.0033 MGA |
| ₹10 INR | MGA456.0067 MGA |
| ₹25 INR | MGA1,140.02 MGA |
| ₹50 INR | MGA2,280.03 MGA |
| ₹100 INR | MGA4,560.07 MGA |
| ₹500 INR | MGA22,800.33 MGA |
| ₹1,000 INR | MGA45,600.67 MGA |
| ₹5,000 INR | MGA228,003.34 MGA |
| ₹10,000 INR | MGA456,006.69 MGA |
Convert Malagasy Ariary to Indian Rupee
| MGA | INR |
|---|---|
| MGA1 MGA | ₹0.02193 INR |
| MGA5 MGA | ₹0.1096 INR |
| MGA10 MGA | ₹0.2193 INR |
| MGA25 MGA | ₹0.5482 INR |
| MGA50 MGA | ₹1.0965 INR |
| MGA100 MGA | ₹2.193 INR |
| MGA500 MGA | ₹10.9648 INR |
| MGA1,000 MGA | ₹21.9295 INR |
| MGA5,000 MGA | ₹109.6475 INR |
| MGA10,000 MGA | ₹219.295 INR |
INR to MGA exchange rate history
INR to MGA – last 90 days
INR to MGA – last 12 months
INR to MGA exchange rate history
Over the last 90 days, the Indian Rupee traded between 44.1842 and 45.8555 Malagasy Ariary, averaging 45.0626. The INR/MGA rate is up 1.39% over that period.
Over the last 12 months, the highest INR to MGA rate was 51.4312 (October 26, 2025) and the lowest was 43.8946 (May 24, 2026). The rate is down 9.14% year on year, meaning the Indian Rupee has lost value against the Malagasy Ariary.
| Date | 1 INR in MGA | Change |
|---|---|---|
| September 21, 2026 | 45.3117 | -0.26% |
| August 31, 2026 | 45.4286 | +1.00% |
| July 29, 2026 | 44.9792 | +0.17% |
| June 29, 2026 | 44.9019 | +2.29% |
| May 24, 2026 | 43.8946 | -0.29% |
| April 24, 2026 | 44.0205 | -0.84% |
| March 25, 2026 | 44.3923 | -6.21% |
| February 23, 2026 | 47.3327 | -4.38% |
| January 24, 2026 | 49.5004 | -2.78% |
| December 25, 2025 | 50.916 | +0.85% |
| November 25, 2025 | 50.4844 | -1.84% |
| October 26, 2025 | 51.4312 | +2.48% |
| September 26, 2025 | 50.1863 | – |
Historical figures use daily reference rates: sampled every three days for the 90-day view and monthly for the 12-month view, plus today's live rate.
The Indian Rupee is the official currency of India, issued under the oversight of the Reserve Bank of India (RBI). It has been in use since 1540 (modern: 1947) and is divided into 100 Paisa.
India has one of the world's fastest-growing major economies, making the rupee increasingly important in global trade. The INR is the most traded currency in South Asia.
More about INR →The Malagasy Ariary (MGA) is traded against the Indian Rupee and other world currencies. See the MGA page for its live rates against major currencies.
More about MGA →How to convert Indian Rupee to Malagasy Ariary
- Enter the amount of INR you want to convert in the “Amount” box.
- Check that INR is selected as the source and MGA as the target (use the swap button to reverse them).
- See the MGA value update instantly, or press Convert to open a shareable page for that exact amount.
Frequently asked questions about INR to MGA
How much is 1 Indian Rupee in Malagasy Ariary?
As of September 22, 2026, 1 Indian Rupee (INR) = 45.6007 Malagasy Ariary (MGA). The rate comes from the mid-market reference rate and is refreshed hourly.
How much is 100 Indian Rupee in Malagasy Ariary?
As of September 22, 2026, 100 INR is equal to 4,560.07 MGA, based on a rate of 45.6007 MGA per INR.
How much is 1 Malagasy Ariary in Indian Rupee?
As of September 22, 2026, 1 Malagasy Ariary (MGA) = 0.02193 Indian Rupee (INR).
What has the INR to MGA exchange rate done recently?
Over the last 30 days the INR/MGA rate changed by +1.40%, ranging from 44.9696 to 45.8555. Over the last 90 days it ranged from 44.1842 to 45.8555 and changed by +1.39%.
Which is stronger, the Indian Rupee or the Malagasy Ariary?
The Indian Rupee is currently worth more per unit than the Malagasy Ariary: 1 INR = 45.6007 MGA, and 1 MGA = 0.02193 INR. A higher number per unit does not by itself mean a stronger economy; it also reflects how each currency is denominated.
When is the best time to convert INR to MGA?
Currencies trade 24 hours a day from Monday morning in Sydney to Friday evening in New York, and rates move by the minute while markets are open. Liquidity is usually highest around 1–4 PM GMT, when the London and New York sessions overlap. Watching the 90-day range above helps you judge whether today's rate is high or low compared with recent weeks.
Is this the rate I will get at a bank or exchange service?
No. The figures on this page are mid-market reference rates used for information. Banks, cash exchanges and money-transfer services add a margin or fee, so the amount you actually receive is usually a little lower than the converted amount shown here.