MGA to INR exchange rate
Malagasy ariary to Indian rupee
1 MGA = 0.0206992 INR
1 INR = 48.3111 MGA
Calculated from the euro rates published by Banca d'Italia and the European Central Bank on Friday, 23 October 2026.
MGA to INR in common amounts
| MGA | INR |
|---|---|
| 1 | 0.0206992 |
| 5 | 0.103496 |
| 10 | 0.206992 |
| 25 | 0.517479 |
| 50 | 1.03496 |
| 100 | 2.06992 |
| 250 | 5.17479 |
| 500 | 10.3496 |
| 1,000 | 20.6992 |
| 5,000 | 103.496 |
| 10,000 | 206.992 |
| INR | MGA |
|---|---|
| 1 | 48.3111 |
| 5 | 241.556 |
| 10 | 483.111 |
| 25 | 1,207.78 |
| 50 | 2,415.56 |
| 100 | 4,831.11 |
| 250 | 12,077.8 |
| 500 | 24,155.6 |
| 1,000 | 48,311.1 |
| 5,000 | 241,556 |
| 10,000 | 483,111 |
One year of MGA to INR
- High
- 0.0231358
- 20 May 2026
- Low
- 0.0194212
- 24 October 2025
- 30 days
- −5.06%
- 90 days
- −7.82%
- 1 year
- +6.52%
Last 30 working days
| Date | 1 MGA in INR | Change |
|---|---|---|
| 23 October 2026 | 0.0206992 | +0.10% |
| 22 October 2026 | 0.0206783 | +0.22% |
| 21 October 2026 | 0.0206329 | −0.48% |
| 20 October 2026 | 0.0207326 | −0.17% |
| 19 October 2026 | 0.0207689 | −0.24% |
| 16 October 2026 | 0.0208183 | −0.33% |
| 15 October 2026 | 0.0208872 | −0.42% |
| 14 October 2026 | 0.0209759 | −0.13% |
| 13 October 2026 | 0.0210031 | −0.76% |
| 12 October 2026 | 0.0211631 | −1.23% |
| 9 October 2026 | 0.0214266 | −0.47% |
| 8 October 2026 | 0.0215286 | −0.23% |
| 7 October 2026 | 0.0215788 | −0.07% |
| 6 October 2026 | 0.0215932 | −0.30% |
| 5 October 2026 | 0.0216592 | −0.03% |
| 2 October 2026 | 0.0216654 | −0.27% |
| 1 October 2026 | 0.0217237 | +0.33% |
| 30 September 2026 | 0.0216525 | −0.45% |
| 29 September 2026 | 0.0217504 | −0.15% |
| 28 September 2026 | 0.0217842 | +0.04% |
| 25 September 2026 | 0.0217748 | −0.15% |
| 24 September 2026 | 0.0218072 | +0.03% |
| 23 September 2026 | 0.0218013 | −0.07% |
| 22 September 2026 | 0.0218163 | −0.39% |
| 21 September 2026 | 0.021901 | −0.16% |
| 18 September 2026 | 0.0219355 | −0.25% |
| 17 September 2026 | 0.0219897 | −0.24% |
| 16 September 2026 | 0.0220426 | −0.15% |
| 15 September 2026 | 0.0220764 | +0.27% |
| 14 September 2026 | 0.0220167 | −0.17% |
Get this rate from the API
Free, with no key. The latest rate:
GET https://theratesapi.com/api/latest?base=MGA&symbols=INR
curl "https://theratesapi.com/api/latest?base=MGA&symbols=INR"
const res = await fetch('https://theratesapi.com/api/latest?base=MGA&symbols=INR')
const data = await res.json()
import requests
data = requests.get('https://theratesapi.com/api/latest?base=MGA&symbols=INR').json()
Or the rate on a given day:
GET https://theratesapi.com/api/2026-10-23?base=MGA&symbols=INR
curl "https://theratesapi.com/api/2026-10-23?base=MGA&symbols=INR"
const res = await fetch('https://theratesapi.com/api/2026-10-23?base=MGA&symbols=INR')
const data = await res.json()
import requests
data = requests.get('https://theratesapi.com/api/2026-10-23?base=MGA&symbols=INR').json()
Questions about MGA to INR
What is the MGA to INR exchange rate today?
The latest reference rate, for Friday, 23 October 2026, is 1 MGA = 0.0206992 INR (Malagasy ariary to Indian rupee).
How much is 1 INR in MGA?
1 INR = 48.3111 MGA at the same rate.
How has MGA to INR changed over the past year?
MGA to INR rose 6.52% in the year to Friday, 23 October 2026. The year's high was 0.0231358 on 20 May 2026 and its low 0.0194212 on 24 October 2025.
Where does this rate come from?
Calculated from the euro rates published by Banca d'Italia and the European Central Bank on Friday, 23 October 2026. Central banks publish reference rates once each working day, so this is not a live market rate, and banks and payment providers add their own margin.
Can I get this rate from an API?
Yes, free and without a key: https://theratesapi.com/api/latest?base=MGA&symbols=INR returns it as JSON. Put a date such as 2026-10-23 in place of latest for a past day.