1 MGA to INR1 Malagasy Ariary = 0.02195 Indian Rupee
🏳️ 1 Malagasy Ariary (MGA1) is worth 🇮🇳 0.02195 Indian Rupee (₹0.02195) at the current exchange rate of 1 MGA = 0.02195 INR. Rates were last updated Sep 21, 2026, 08:00 PM UTC.
Over the last 30 days, the MGA to INR rate fell 1.03% (high 0.02219 on September 11, 2026, low 0.02192 on September 5, 2026, average 0.02204). Over the last 90 days, the MGA to INR rate fell 2.01% (high 0.02277 on July 16, 2026, low 0.02192 on September 5, 2026, average 0.02222).
Looking for the reverse? INR to MGA
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Convert 1 Malagasy Ariary to Indian Rupee
1 MGA = ₹0.02195 INR
1 INR = MGA45.5604 MGA
- 30-day change
- -1.03%
- 90-day high
- 0.02277
- 90-day low
- 0.02192
Last updated: Sep 21, 2026, 08:00 PM UTC
Convert Malagasy Ariary to Indian Rupee
| MGA | INR |
|---|---|
| MGA1 MGA | ₹0.02195 INR |
| MGA5 MGA | ₹0.1097 INR |
| MGA10 MGA | ₹0.2195 INR |
| MGA25 MGA | ₹0.5487 INR |
| MGA50 MGA | ₹1.0974 INR |
| MGA100 MGA | ₹2.1949 INR |
| MGA500 MGA | ₹10.9744 INR |
| MGA1,000 MGA | ₹21.9489 INR |
| MGA5,000 MGA | ₹109.7444 INR |
| MGA10,000 MGA | ₹219.4887 INR |
Convert Indian Rupee to Malagasy Ariary
| INR | MGA |
|---|---|
| ₹1 INR | MGA45.5604 MGA |
| ₹5 INR | MGA227.8022 MGA |
| ₹10 INR | MGA455.6043 MGA |
| ₹25 INR | MGA1,139.01 MGA |
| ₹50 INR | MGA2,278.02 MGA |
| ₹100 INR | MGA4,556.04 MGA |
| ₹500 INR | MGA22,780.22 MGA |
| ₹1,000 INR | MGA45,560.43 MGA |
| ₹5,000 INR | MGA227,802.15 MGA |
| ₹10,000 INR | MGA455,604.31 MGA |
MGA to INR exchange rate history
MGA to INR – last 90 days
MGA to INR – last 12 months
MGA to INR exchange rate history
Over the last 90 days, the Malagasy Ariary traded between 0.02192 and 0.02277 Indian Rupee, averaging 0.02222. The MGA/INR rate is down 2.01% over that period.
Over the last 12 months, the highest MGA to INR rate was 0.02278 (May 23, 2026) and the lowest was 0.01946 (October 25, 2025). The rate is up 9.65% year on year, meaning the Malagasy Ariary has gained value against the Indian Rupee.
| Date | 1 MGA in INR | Change |
|---|---|---|
| September 20, 2026 | 0.02196 | -0.36% |
| August 30, 2026 | 0.02204 | -0.64% |
| July 31, 2026 | 0.02218 | -0.44% |
| June 28, 2026 | 0.02228 | -2.21% |
| May 23, 2026 | 0.02278 | +0.72% |
| April 23, 2026 | 0.02262 | +0.44% |
| March 24, 2026 | 0.02252 | +7.38% |
| February 22, 2026 | 0.02097 | +3.95% |
| January 23, 2026 | 0.02017 | +2.82% |
| December 24, 2025 | 0.01962 | -1.18% |
| November 24, 2025 | 0.01986 | +2.03% |
| October 25, 2025 | 0.01946 | -2.78% |
| September 25, 2025 | 0.02002 | – |
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 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 →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 →How to convert Malagasy Ariary to Indian Rupee
- Enter the amount of MGA you want to convert in the “Amount” box.
- Check that MGA is selected as the source and INR as the target (use the swap button to reverse them).
- See the INR value update instantly, or press Convert to open a shareable page for that exact amount.
Frequently asked questions about MGA to INR
How much is 1 Malagasy Ariary in Indian Rupee?
As of September 21, 2026, 1 Malagasy Ariary (MGA) = 0.02195 Indian Rupee (INR). The rate comes from the mid-market reference rate and is refreshed hourly.
How much is 100 Malagasy Ariary in Indian Rupee?
As of September 21, 2026, 100 MGA is equal to 2.1949 INR, based on a rate of 0.02195 INR per MGA.
How much is 1 Indian Rupee in Malagasy Ariary?
As of September 21, 2026, 1 Indian Rupee (INR) = 45.5604 Malagasy Ariary (MGA).
What has the MGA to INR exchange rate done recently?
Over the last 30 days the MGA/INR rate changed by -1.03%, ranging from 0.02192 to 0.02219. Over the last 90 days it ranged from 0.02192 to 0.02277 and changed by -2.01%.
Which is stronger, the Malagasy Ariary or the Indian Rupee?
The Indian Rupee is currently worth more per unit than the Malagasy Ariary: 1 MGA = 0.02195 INR, and 1 INR = 45.5604 MGA. 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 MGA to INR?
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.