Live mid-market Malagasy ariary (MGA) to Nigerian Naira (NGN) exchange rate, interactive currency converter, historical charts, and conversion tables.
Daily MGA/NGN Exchange Rate Report (Wednesday, 28 October 2026, 2:41 PM)
Steady SessionThe Malagasy ariary to Nigerian Naira (MGA/NGN) exchange rate is holding steady in today’s session (Wednesday, 28 October 2026, 2:41 PM) at 1 MGA = 0.2942 NGN, closely aligned with the previous close of 0.2942 NGN. On an inverse basis, 1 Nigerian Naira (NGN) equals 3.3990 MGA.
For practical conversions at today’s mid-market rate, 100 MGA equals 29.42 NGN and 1,000 MGA equals 294.20 NGN. Going the other way, 100 NGN converts to 339.90 MGA while 1,000 NGN converts to 3,399.04 MGA.
Over the past 30 days, the MGA/NGN pair has traded between a monthly low of 0.2919 NGN and a high of 0.3025 NGN, with a 1-year average exchange rate of 0.3181 NGN. Across recent horizons, MGA against NGN shows a 7-day change of +0.84%, a 30-day change of -2.06%, and a 1-year change of -8.76%.
Convert Malagasy ariary (MGA) to Nigerian Naira (NGN)
Enter any amount below to convert instantly between Malagasy ariary (MGA) and Nigerian Naira (NGN) using live mid-market rates.
MGA to NGN & NGN to MGA Conversion Tables
Quick reference tables for common Malagasy ariary (MGA) and Nigerian Naira (NGN) denominations at today’s exchange rate.
Convert Malagasy ariary (MGA) to Nigerian Naira (NGN)
| Malagasy ariary (MGA) | Nigerian Naira (NGN) |
|---|---|
| 1 MGA | 0.2942 NGN |
| 5 MGA | 1.47 NGN |
| 10 MGA | 2.94 NGN |
| 25 MGA | 7.36 NGN |
| 50 MGA | 14.71 NGN |
| 100 MGA | 29.42 NGN |
| 250 MGA | 73.55 NGN |
| 500 MGA | 147.10 NGN |
| 1,000 MGA | 294.20 NGN |
| 5,000 MGA | 1,471.00 NGN |
| 10,000 MGA | 2,942.01 NGN |
Convert Nigerian Naira (NGN) to Malagasy ariary (MGA)
| Nigerian Naira (NGN) | Malagasy ariary (MGA) |
|---|---|
| 1 NGN | 3.40 MGA |
| 5 NGN | 17.00 MGA |
| 10 NGN | 33.99 MGA |
| 25 NGN | 84.98 MGA |
| 50 NGN | 169.95 MGA |
| 100 NGN | 339.90 MGA |
| 250 NGN | 849.76 MGA |
| 500 NGN | 1,699.52 MGA |
| 1,000 NGN | 3,399.04 MGA |
| 5,000 NGN | 16,995.21 MGA |
| 10,000 NGN | 33,990.42 MGA |
Malagasy ariary to Nigerian Naira (MGA/NGN) Historical Exchange Rate Chart
Interactive historical chart tracking the Malagasy ariary (MGA) against the Nigerian Naira (NGN) across multiple timeframes.
MGA/NGN Market Indicators & Historical Range
Session trading quotes, 30-day, 6-month, and 52-week high/low benchmarks, and multi-period performance for Malagasy ariary to Nigerian Naira.
Today’s MGA/NGN Session Quotes
| Bid Rate | 0.2942 NGN |
|---|---|
| Ask Rate | 0.2942 NGN |
| Day High | 0.3025 NGN |
| Day Low | 0.2919 NGN |
| Day Open | 0.2942 NGN |
| Previous Close | 0.2942 NGN |
| 24h Change | +0.0000 NGN (+0.00%) |
Historical High, Low & Average (MGA/NGN)
| Period | Lowest | Highest | Average |
|---|---|---|---|
| 30 Days | 0.2919 | 0.3025 | 0.2972 |
| 6 Months | 0.2919 | 0.3316 | 0.3155 |
| 1 Year (52W) | 0.2919 | 0.3363 | 0.3181 |
MGA/NGN Performance by Period
| Timeframe | Historical Rate | Change | Change % |
|---|---|---|---|
| 1 Day | 0.2942 NGN | +0.0000 NGN | +0.00% |
| 1 Week | 0.2919 NGN | +0.00246 NGN | +0.84% |
| 30 Days | 0.3006 NGN | -0.00619 NGN | -2.06% |
| 6 Months | 0.3269 NGN | -0.03254 NGN | -9.95% |
| 1 Year | 0.3227 NGN | -0.02828 NGN | -8.76% |
| 5 Years | 0.1037 NGN | +0.1907 NGN | +183.89% |
| 10 Years | 0.09839 NGN | +0.1960 NGN | +199.23% |
MGA to NGN Last 14 Days Exchange Rate History
Day-by-day closing exchange rates for Malagasy ariary (MGA) to Nigerian Naira (NGN) over the last two weeks.
| Date | 1 MGA in NGN | 1 NGN in MGA | 100 MGA in NGN | Daily Change % |
|---|---|---|---|---|
| 2026-10-28 | 0.2942 NGN | 3.3990 MGA | 29.42 NGN | -0.27% |
| 2026-10-27 | 0.2950 NGN | 3.3897 MGA | 29.50 NGN | -0.48% |
| 2026-10-26 | 0.2964 NGN | 3.3734 MGA | 29.64 NGN | -0.62% |
| 2026-10-25 | 0.2983 NGN | 3.3524 MGA | 29.83 NGN | +1.20% |
| 2026-10-24 | 0.2948 NGN | 3.3926 MGA | 29.48 NGN | -0.03% |
| 2026-10-23 | 0.2948 NGN | 3.3917 MGA | 29.48 NGN | +0.46% |
| 2026-10-22 | 0.2935 NGN | 3.4073 MGA | 29.35 NGN | -0.36% |
| 2026-10-21 | 0.2945 NGN | 3.3952 MGA | 29.45 NGN | +0.89% |
| 2026-10-20 | 0.2919 NGN | 3.4253 MGA | 29.19 NGN | -0.61% |
| 2026-10-19 | 0.2937 NGN | 3.4043 MGA | 29.37 NGN | -0.74% |
| 2026-10-18 | 0.2959 NGN | 3.3791 MGA | 29.59 NGN | +0.20% |
| 2026-10-17 | 0.2953 NGN | 3.3859 MGA | 29.53 NGN | -0.18% |
| 2026-10-16 | 0.2959 NGN | 3.3800 MGA | 29.59 NGN | +0.18% |
| 2026-10-15 | 0.2953 NGN | 3.3859 MGA | 29.53 NGN | -0.01% |
Malagasy ariary (MGA) vs. Nigerian Naira (NGN) Currency Profiles
Compare central bank authorities, symbols, subunits, and local gold price pages for Malagasy ariary and Nigerian Naira.
Malagasy ariary (MGA)
| ISO 4217 Code | MGA |
|---|---|
| Currency Symbol | Ar • Iraimbilanja |
| Central Bank | Banky Foiben'i Madagasikara |
| Primary Country / Region | Madagascar |
| Local Gold Price Page | Live Gold Price in Madagascar (MGA) → |
Nigerian Naira (NGN)
| ISO 4217 Code | NGN |
|---|---|
| Currency Symbol | ₦ • kobo |
| Central Bank | Central Bank of Nigeria |
| Primary Country / Region | Nigeria |
| Local Gold Price Page | Live Gold Price in Nigeria (NGN) → |
Other Popular MGA and NGN Exchange Rate Pairs
Malagasy ariary (MGA) Against Other Currencies
|
|
0.000218 USD |
|---|---|
|
|
0.000196 EUR |
|
|
0.000164 GBP |
|
|
0.000817 SAR |
|
|
0.000800 AED |
|
|
0.01222 EGP |
|
|
0.02074 INR |
|
|
0.03436 JPY |
Nigerian Naira (NGN) Against Other Currencies
|
|
0.000745 USD |
|---|---|
|
|
0.000670 EUR |
|
|
0.000561 GBP |
|
|
0.00280 SAR |
|
|
0.00274 AED |
|
|
0.04182 EGP |
|
|
0.07096 INR |
|
|
0.1176 JPY |