Nigerian Naira to Malagasy Ariary exchange rate today

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

Current rate: 1 NGN = MGA

Update
Nigerian Naira 1 NGN = Malagasy Ariary 3.41770439 MGA
+0.81% · Past 24 hours
Exchange Rates 1 NGN = Ar3.41770439 MGA
Inverse rate 1 MGA = ₦0.29259406 NGN
24-hour range · Near high
Lowest Ar3.3833519 Current Ar3.41770439 Highest Ar3.41770439
Source: Currency Rates mid-market
Currency converter
Rate: 3.41770439 MGA
Inverse: 0.29259406 NGN

Nigerian Naira to Malagasy Ariary exchange rate chart

Track exchange rate trends for NGN to MGA 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

NGN/MGA
3.41770439
7D +1.86%
AOA/MGA
4.97809419
7D +2.49%
BIF/MGA
1.51885049
7D +2.19%
BWP/MGA
331.06328568
7D +2.13%
Practical rate background

NGN/MGA exchange rate overview

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

366 daily data points 25 hourly data points
Current exchange rate
3.41770439 MGA
2026-10-15
Past 24 hours
+0.027498 MGA
+0.81%
Past 7 days
+0.087006 MGA
+2.61%
Past 30 days
+0.16151 MGA
+4.96%
Past 1 year
+0.338063 MGA
+10.98%
Position in 12-month range today
100/100
High range
Lowest
2.97384108 Today
3.41770439 Highest
3.41770439
12 month change
Monthly exchange rate changes over the last 12 months.
Change %
+0.07%
November
+2.61%
December
+2.30%
January
-3.22%
February
-2.99%
March
-0.06%
April
+1.28%
May
+0.04%
June
+0.99%
July
+3.01%
August
+2.23%
September
+3.20%
October
Long-term exchange rate view

NGN/MGA 5-year exchange rate history

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

1826 daily observations
Strongest year
2022 · 9.74506404 MGA
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 9.74506404 MGA
Position: 100/100
Annual range
9.55045613 – 10.15800254 MGA
NGN strengthens against USD +3.88%
2023
Average rate 7.48004806 MGA
Position: 67/100
Annual range
5.1086351 – 10.08481035 MGA
Volatility Year -48.64%
2024
Average rate 3.18152709 MGA
Position: 3/100
Annual range
2.70539213 – 5.22599504 MGA
Volatility Year -40.66%
2025
Average rate 2.9795696 MGA
Position: 3/100
Annual range
2.76430128 – 3.17616229 MGA
Volatility Year +4.15%
2026 Year to Date
Average rate 3.25964453 MGA
Position: 4/100
Annual range
2.97384108 – 3.41770439 MGA
Volatility Year +7.64%

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