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Currency Pair

MGA to INR Currency Converter

1 MGA = 0.0208544 INR

Malagasy Ariary (MGA)Indian Rupee (INR)
Reference rateProvider: Frankfurter

Currency Converter

MGA to INR

From currency
1 MGA0.0208544 INRFrankfurter

You receive

INR0.020854
To currency

1 MGA = 0.020854 INR

Verified rateFrankfurter

Conversion summary

1 MGA0.020854 INR

MGA → INR compares the Malagasy Ariary with the Indian Rupee using the latest available reference rate.

140 currenciesVerified rateHistorical dataTransparent methodologyDedicated currency-pair pages

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Reference conversion
0.020854 INR
Estimated percentage cost
0 INR
Fixed service fee
0 MGA
Estimated amount received
0.020854 INR

This estimate uses the values you enter. Banks and transfer providers may use different rates and fees.

Madagascar flagMGAMalagasy AriaryIndia flagINRIndian Rupee

Convert Malagasy ariary to Indian rupees, compare the current exchange rate, simulate common transfer fees and review historical movement.

Current Rate Summary

Current MGA to INR exchange rate

1 MGA = 0.0208544 INR

1 INR = 47.951502 MGA

Rate date
Provider
Frankfurter
Rate type
Reference only

Historical Chart

MGA/INR rate history

Previous publication
-0.35%
7-day change
-3.70%
30-day change
-4.63%
90-day change
-8.13%

Range: 0.01957187–0.0230563 INR; average 0.02150153 INR.

View historical chart

Currency Relationship

About this currency pair

Malagasy Ariary to Indian Rupee: currency reference context

MGA/INR compares Malagasy Ariary with Indian Rupee in a clear base-to-quote direction.

The direction identifies the base and quote currencies.

Fees and spreads are not included in the reference result.

Common uses

  • Reference conversion
  • Record keeping
  • Provider comparison
Read the related exchange-rate guide

Currency Knowledge

About MGA and INR

About MGA

Malagasy Ariary

Symbol
Ar
Country or area
Madagascar
Region
Africa
Central bank
Central Bank of Madagascar
Learn more about MGA

About INR

Indian Rupee

Symbol
INR
Country or area
India
Region
Asia Pacific
Central bank
Reserve Bank of India
Learn more about INR

Quick Conversion Table

Common MGA and INR amounts

Exchange-rate information is provided for reference only and is not financial, trading or investment advice.

MGAINR
1 MGA0.020854 INR
5 MGA0.104272 INR
10 MGA0.208544 INR
20 MGA0.417088 INR
25 MGA0.52136 INR
INRMGA
1 INR47.9515 MGA
5 INR239.7575 MGA
10 INR479.515 MGA
20 INR959.03 MGA
25 INR1,198.79 MGA
Show more common amounts
50 MGA1.0427 INR
100 MGA2.0854 INR
250 MGA5.2136 INR
500 MGA10.4272 INR
1,000 MGA20.8544 INR
5,000 MGA104.272 INR
50 INR2,397.58 MGA
100 INR4,795.15 MGA
250 INR11,987.88 MGA
500 INR23,975.75 MGA
1,000 INR47,951.50 MGA
5,000 INR239,757.51 MGA

FAQ

MGA to INR questions

What does MGA to INR mean?

MGA to INR treats Malagasy Ariary as the starting currency and Indian Rupee as the result currency. A rate of 1 MGA = X INR shows how many indian rupees one malagasy ariary represents at the stated rate date.

How do I convert MGA to INR?

Enter an amount in Malagasy ariary, then CurrencyHub shows the equivalent value in Indian rupees when the latest provider reference rate is available.

Why does the MGA/INR exchange rate change?

MGA/INR can move as economic conditions, monetary policy expectations and demand for each currency change. For this pair, the direction identifies the base and quote currencies.

How current is the MGA to INR rate?

The page displays the provider's latest available reference-rate date beside the result. It updates when a new dated publication is accepted into CurrencyHub's shared rate snapshot.

Is the MGA to INR rate shown here a bank rate?

No. CurrencyHub shows reference exchange-rate information when provider data is available. Banks, card networks and money transfer providers may apply spreads or fees.

Sources and review

Rate data and editorial sources

Data source: Frankfurter

Rate date:

Editorially reviewed:

Sources
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