NULL47,824.84
1 INR = NULL47.8248 MGA

INR to MGA rate history

1 INR in MGA, daily close, 16 Oct 2026 to 3 Nov 2026. High 48.3660, low 47.4262.

Week of 26 Oct – 1 Nov 2026

In the week of 26 Oct–1 Nov 2026, the Indian Rupee rose sharply by 1.15% against the Malagasy Ariary, closing at 1 INR = 48.3660 MGA. It traded between 47.8494 (Wed 28 Oct) and 48.3660 (Sun 1 Nov), a range of 1.08%. This extends the previous week's 0.77% gain. Over the last 30 days the INR/MGA rate is up 1.98%.

Previous weeks

Week of 19 Oct – 25 Oct 2026

In the week of 19 Oct–25 Oct 2026, the Indian Rupee rose by 0.77% against the Malagasy Ariary, closing at 1 INR = 47.8161 MGA. It traded between 47.6745 (Fri 23 Oct) and 48.3553 (Sat 24 Oct), a range of 1.43%. The week before was broadly flat. Over the last 30 days the INR/MGA rate is up 0.82%.

Week of 12 Oct – 18 Oct 2026

In the week of 12 Oct–18 Oct 2026, the Indian Rupee was broadly flat against the Malagasy Ariary, closing at 1 INR = 47.4484 MGA. It traded between 47.4262 (Fri 16 Oct) and 47.8050 (Sat 17 Oct), a range of 0.80%. Over the last 30 days the INR/MGA rate is little changed.

Daily closing mid-market rates from our data provider. The statistics update daily; a new weekly summary is added each Monday and the last four are kept.

About INR to MGA Conversion

Convert Indian Rupee (INR) to Malagasy Ariary (MGA) with our free currency converter. We provide real-time exchange rates to help you get accurate conversions for international transactions, travel planning, or forex trading.

INR to MGA Exchange Rate Information

The exchange rate between Indian Rupee and Malagasy Ariary fluctuates based on market conditions. Our converter uses live rates to ensure you get the most current information for your currency conversions. Convert any other pair with the currency converter, or check today's gold rate — bullion prices move with the same currency market.

Getting the Best INR to MGA Rate

The rate above is the mid-market benchmark; banks, cards and money changers each add their own margin and fees on top. When sending or converting a meaningful amount, compare the effective rate (amount received divided by amount paid) across at least two providers. Spreads of 1% to 3% between channels are routine. Rates move continuously during global trading hours, so a quote from this morning may differ by the afternoon; for large transfers, watching the pair for a few days often matters more than picking a provider.

Indian Rupee / Malagasy Ariary

Indian Rupee to Malagasy Ariary

INR
MGA
NULL47.82
NULL239.12
NULL478.25
NULL1,195.62
NULL2,391.24
NULL4,782.48
NULL23,912.42
NULL47,824.84
NULL239,124.21
NULL478,248.42

Malagasy Ariary to Indian Rupee

MGA
INR
₹0.02
₹0.10
₹0.21
₹0.52
₹1.05
₹2.09
₹10.45
₹20.91
₹104.55
₹209.10

FAQs

The current exchange rate is displayed above in the converter. 1 INR equals 47.8248 MGA. Please note that rates change frequently based on market conditions.
You can exchange Indian Rupee to Malagasy Ariary at banks, currency exchange offices, airports, or through online forex platforms. Compare rates before exchanging to get the best deal.
The rates shown are indicative market rates. Actual rates you receive may differ based on your service provider, transaction size, and any applicable fees or commissions.