₹0.52
1 MGA = ₹0.020910 INR

MGA to INR rate history

1 MGA in INR, daily close, 16 Oct 2026 to 3 Nov 2026. High 0.021085, low 0.020676.

Week of 26 Oct – 1 Nov 2026

In the week of 26 Oct–1 Nov 2026, the Malagasy Ariary fell sharply by 1.14% against the Indian Rupee, closing at 1 MGA = 0.020676 INR. It traded between 0.020676 (Sun 1 Nov) and 0.020899 (Wed 28 Oct), a range of 1.08%. This extends the previous week's 0.77% fall. Over the last 30 days the MGA/INR rate is down 1.94%.

Previous weeks

Week of 19 Oct – 25 Oct 2026

In the week of 19 Oct–25 Oct 2026, the Malagasy Ariary fell by 0.77% against the Indian Rupee, closing at 1 MGA = 0.020913 INR. It traded between 0.020680 (Sat 24 Oct) and 0.020976 (Fri 23 Oct), a range of 1.43%. The week before was broadly flat. Over the last 30 days the MGA/INR rate is down 0.82%.

Week of 12 Oct – 18 Oct 2026

In the week of 12 Oct–18 Oct 2026, the Malagasy Ariary was broadly flat against the Indian Rupee, closing at 1 MGA = 0.021076 INR. It traded between 0.020918 (Sat 17 Oct) and 0.021085 (Fri 16 Oct), a range of 0.80%. Over the last 30 days the MGA/INR 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 MGA to INR Conversion

Convert Malagasy Ariary (MGA) to Indian Rupee (INR) 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.

MGA to INR Exchange Rate Information

The exchange rate between Malagasy Ariary and Indian Rupee 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 MGA to INR 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.

Malagasy Ariary / Indian Rupee

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

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

FAQs

The current exchange rate is displayed above in the converter. 1 MGA equals 0.0209 INR. Please note that rates change frequently based on market conditions.
You can exchange Malagasy Ariary to Indian Rupee 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.