1 MGA to KRW1 Malagasy Ariary = 0.3151 South Korean Won
🏳️ 1 Malagasy Ariary (MGA1) is worth 🇰🇷 0.3151 South Korean Won (₩0.3151) at the current exchange rate of 1 MGA = 0.3151 KRW. Rates were last updated Sep 21, 2026, 11:00 PM UTC.
Over the last 30 days, the MGA to KRW rate fell 1.75% (high 0.3207 on August 24, 2026, low 0.3106 on September 14, 2026, average 0.3155). Over the last 90 days, the MGA to KRW rate fell 14.24% (high 0.3674 on June 25, 2026, low 0.3106 on September 14, 2026, average 0.3337).
Looking for the reverse? KRW to MGA
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Convert 1 Malagasy Ariary to South Korean Won
1 MGA = ₩0.3151 KRW
1 KRW = MGA3.1737 MGA
- 30-day change
- -1.75%
- 90-day high
- 0.3674
- 90-day low
- 0.3106
Last updated: Sep 21, 2026, 11:00 PM UTC
Convert Malagasy Ariary to South Korean Won
| MGA | KRW |
|---|---|
| MGA1 MGA | ₩0.3151 KRW |
| MGA5 MGA | ₩1.5755 KRW |
| MGA10 MGA | ₩3.1509 KRW |
| MGA25 MGA | ₩7.8773 KRW |
| MGA50 MGA | ₩15.7546 KRW |
| MGA100 MGA | ₩31.5093 KRW |
| MGA500 MGA | ₩157.5464 KRW |
| MGA1,000 MGA | ₩315.0928 KRW |
| MGA5,000 MGA | ₩1,575.46 KRW |
| MGA10,000 MGA | ₩3,150.93 KRW |
Convert South Korean Won to Malagasy Ariary
| KRW | MGA |
|---|---|
| ₩1 KRW | MGA3.1737 MGA |
| ₩5 KRW | MGA15.8683 MGA |
| ₩10 KRW | MGA31.7367 MGA |
| ₩25 KRW | MGA79.3417 MGA |
| ₩50 KRW | MGA158.6834 MGA |
| ₩100 KRW | MGA317.3668 MGA |
| ₩500 KRW | MGA1,586.83 MGA |
| ₩1,000 KRW | MGA3,173.67 MGA |
| ₩5,000 KRW | MGA15,868.34 MGA |
| ₩10,000 KRW | MGA31,736.68 MGA |
MGA to KRW exchange rate history
MGA to KRW – last 90 days
MGA to KRW – last 12 months
MGA to KRW exchange rate history
Over the last 90 days, the Malagasy Ariary traded between 0.3106 and 0.3674 South Korean Won, averaging 0.3337. The MGA/KRW rate is down 14.24% over that period.
Over the last 12 months, the highest MGA to KRW rate was 0.3674 (June 25, 2026) and the lowest was 0.3106 (September 14, 2026). The rate is down 0.29% year on year, meaning the Malagasy Ariary has lost value against the South Korean Won.
| Date | 1 MGA in KRW | Change |
|---|---|---|
| September 20, 2026 | 0.3172 | -0.14% |
| August 30, 2026 | 0.3176 | -4.89% |
| July 31, 2026 | 0.3339 | -7.73% |
| June 28, 2026 | 0.3619 | -0.02% |
| May 23, 2026 | 0.362 | +1.55% |
| April 23, 2026 | 0.3565 | -1.20% |
| March 24, 2026 | 0.3608 | +7.92% |
| February 22, 2026 | 0.3343 | +3.33% |
| January 23, 2026 | 0.3235 | +0.87% |
| December 24, 2025 | 0.3208 | -1.74% |
| November 24, 2025 | 0.3264 | +2.35% |
| October 25, 2025 | 0.3189 | +0.92% |
| September 25, 2025 | 0.316 | – |
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 South Korean Won and other world currencies. See the MGA page for its live rates against major currencies.
More about MGA →The South Korean Won is the official currency of South Korea, issued under the oversight of the Bank of Korea. It has been in use since 1962 and is divided into 100 Jeon (not used).
South Korea is a leading global economy and technology hub. The won is important for Asian trade, particularly in electronics, automobiles, and semiconductors.
More about KRW →How to convert Malagasy Ariary to South Korean Won
- Enter the amount of MGA you want to convert in the “Amount” box.
- Check that MGA is selected as the source and KRW as the target (use the swap button to reverse them).
- See the KRW value update instantly, or press Convert to open a shareable page for that exact amount.
Frequently asked questions about MGA to KRW
How much is 1 Malagasy Ariary in South Korean Won?
As of September 21, 2026, 1 Malagasy Ariary (MGA) = 0.3151 South Korean Won (KRW). The rate comes from the mid-market reference rate and is refreshed hourly.
How much is 100 Malagasy Ariary in South Korean Won?
As of September 21, 2026, 100 MGA is equal to 31.5093 KRW, based on a rate of 0.3151 KRW per MGA.
How much is 1 South Korean Won in Malagasy Ariary?
As of September 21, 2026, 1 South Korean Won (KRW) = 3.1737 Malagasy Ariary (MGA).
What has the MGA to KRW exchange rate done recently?
Over the last 30 days the MGA/KRW rate changed by -1.75%, ranging from 0.3106 to 0.3207. Over the last 90 days it ranged from 0.3106 to 0.3674 and changed by -14.24%.
Which is stronger, the Malagasy Ariary or the South Korean Won?
The South Korean Won is currently worth more per unit than the Malagasy Ariary: 1 MGA = 0.3151 KRW, and 1 KRW = 3.1737 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 KRW?
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.