Malagasy Ariary to Nigerian Naira exchange rate today

The Malagasy Ariary to Nigerian Naira exchange rate shows how much one Malagasy Ariary is worth in Nigerian Naira. Use the currency converter below and explore the historical charts to see how the rate has changed over time.

Current rate: 1 MGA = NGN

Update
Malagasy Ariary 1 MGA = Nigerian Naira 0.29259406 NGN
-0.80% · Past 24 hours
Exchange Rates 1 MGA = ₦0.29259406 NGN
Inverse rate 1 NGN = Ar3.41770439 MGA
24-hour range · Near low
Lowest ₦0.29259406 Current ₦0.29259406 Highest ₦0.29556488
Source: Currency Rates mid-market
Currency converter
Rate: 0.29259406 NGN
Inverse: 3.41770439 MGA

Malagasy Ariary to Nigerian Naira exchange rate chart

Track exchange rate trends for MGA to NGN over 24 hours, 7 days, 1 month, 6 months, 1 year, 2 years, and 5 years.

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Lowest
Highest
Average
Change

Other conversions

USD/NGN
1,329.84
7D +0.06%
EUR/NGN
1,491.66
7D +0.17%
GBP/NGN
1,763.47
7D +0.33%
CNY/NGN
198.73273955
7D +0.08%
Practical rate background

MGA/NGN exchange rate overview

Current value, recent trends, 12-month range, and monthly changes. Exchange rates are calculated by converting from 1 MGA into NGN.

366 daily data points 25 hourly data points
Current exchange rate
0.29259406 NGN
2026-10-15
Past 24 hours
-0.002373 NGN
-0.80%
Past 7 days
-0.007643 NGN
-2.55%
Past 30 days
-0.014513 NGN
-4.73%
Past 1 year
-0.032119 NGN
-9.89%
Position in 12-month range today
0/100
Low range
Lowest
0.29259406 Today
0.29259406 Highest
0.33626545
12 month change
Monthly exchange rate changes over the last 12 months.
Change %
-0.07%
November
-2.54%
December
-2.25%
January
+3.33%
February
+3.08%
March
+0.06%
April
-1.26%
May
-0.04%
June
-0.98%
July
-2.92%
August
-2.19%
September
-3.10%
October
Long-term exchange rate view

MGA/NGN 5-year exchange rate history

Annual averages, ranges, and trends over the last 5 years. Displayed rates are converted from 1 MGA into NGN.

1826 daily observations
Strongest year
2025 · 0.33610643 NGN
Average rate
Current range status
2026 · Volatility Year
YTD
Last updated
Updated hourly
Exchange rate charts by year Each row displays the average, lowest, highest, and annual change.
2022
Average rate 0.102633 NGN
Position: 3/100
Annual range
0.09844455 – 0.10470704 NGN
MGA weakens against USD -3.73%
2023
Average rate 0.14206949 NGN
Position: 17/100
Annual range
0.09915903 – 0.195747 NGN
Volatility Year +94.69%
2024
Average rate 0.32390269 NGN
Position: 95/100
Annual range
0.19135112 – 0.36963218 NGN
Volatility Year +68.53%
2025
Average rate 0.33610643 NGN
Position: 100/100
Annual range
0.31484537 – 0.36175507 NGN
Volatility Year -3.98%
2026 Year to Date
Average rate 0.30721544 NGN
Position: 88/100
Annual range
0.29259406 – 0.33626545 NGN
Volatility Year -7.09%

This module summarizes historical performance and does not predict future exchange rates.