NGN to MGA exchange rate
Nigerian naira to Malagasy ariary
1 NGN = 3.41186 MGA
1 MGA = 0.293095 NGN
Calculated from the euro rates published by Banca d'Italia on Friday, 23 October 2026.
NGN to MGA in common amounts
| NGN | MGA |
|---|---|
| 1 | 3.41186 |
| 5 | 17.0593 |
| 10 | 34.1186 |
| 25 | 85.2965 |
| 50 | 170.593 |
| 100 | 341.186 |
| 250 | 852.965 |
| 500 | 1,705.93 |
| 1,000 | 3,411.86 |
| 5,000 | 17,059.3 |
| 10,000 | 34,118.6 |
| MGA | NGN |
|---|---|
| 1 | 0.293095 |
| 5 | 1.46548 |
| 10 | 2.93095 |
| 25 | 7.32738 |
| 50 | 14.6548 |
| 100 | 29.3095 |
| 250 | 73.2738 |
| 500 | 146.548 |
| 1,000 | 293.095 |
| 5,000 | 1,465.48 |
| 10,000 | 2,930.95 |
One year of NGN to MGA
- High
- 3.43565
- 22 October 2026
- Low
- 2.95134
- 10 March 2026
- 30 days
- +3.16%
- 90 days
- +8.51%
- 1 year
- +10.48%
Last 30 working days
| Date | 1 NGN in MGA | Change |
|---|---|---|
| 23 October 2026 | 3.41186 | −0.69% |
| 22 October 2026 | 3.43565 | +0.07% |
| 21 October 2026 | 3.4331 | +0.01% |
| 20 October 2026 | 3.43293 | +0.06% |
| 19 October 2026 | 3.43084 | +0.15% |
| 16 October 2026 | 3.42564 | +0.31% |
| 15 October 2026 | 3.41515 | +0.35% |
| 14 October 2026 | 3.40329 | −0.07% |
| 13 October 2026 | 3.40552 | +0.17% |
| 12 October 2026 | 3.39964 | +0.31% |
| 9 October 2026 | 3.38902 | +0.40% |
| 8 October 2026 | 3.37569 | +0.22% |
| 7 October 2026 | 3.36824 | +0.45% |
| 6 October 2026 | 3.35328 | +0.32% |
| 5 October 2026 | 3.34262 | −0.07% |
| 2 October 2026 | 3.34499 | +0.36% |
| 1 October 2026 | 3.33285 | +0.19% |
| 30 September 2026 | 3.32668 | +0.36% |
| 29 September 2026 | 3.31474 | +0.02% |
| 28 September 2026 | 3.31407 | +0.07% |
| 25 September 2026 | 3.31187 | −0.01% |
| 24 September 2026 | 3.31229 | +0.15% |
| 23 September 2026 | 3.30742 | +0.37% |
| 22 September 2026 | 3.2951 | +0.26% |
| 21 September 2026 | 3.28663 | +0.10% |
| 18 September 2026 | 3.28321 | +0.08% |
| 17 September 2026 | 3.28073 | +0.16% |
| 16 September 2026 | 3.27546 | −0.06% |
| 15 September 2026 | 3.27733 | +0.17% |
| 14 September 2026 | 3.2718 | +0.30% |
Get this rate from the API
Free, with no key. The latest rate:
GET https://theratesapi.com/api/latest?base=NGN&symbols=MGA
curl "https://theratesapi.com/api/latest?base=NGN&symbols=MGA"
const res = await fetch('https://theratesapi.com/api/latest?base=NGN&symbols=MGA')
const data = await res.json()
import requests
data = requests.get('https://theratesapi.com/api/latest?base=NGN&symbols=MGA').json()
Or the rate on a given day:
GET https://theratesapi.com/api/2026-10-23?base=NGN&symbols=MGA
curl "https://theratesapi.com/api/2026-10-23?base=NGN&symbols=MGA"
const res = await fetch('https://theratesapi.com/api/2026-10-23?base=NGN&symbols=MGA')
const data = await res.json()
import requests
data = requests.get('https://theratesapi.com/api/2026-10-23?base=NGN&symbols=MGA').json()
Questions about NGN to MGA
What is the NGN to MGA exchange rate today?
The latest reference rate, for Friday, 23 October 2026, is 1 NGN = 3.41186 MGA (Nigerian naira to Malagasy ariary).
How much is 1 MGA in NGN?
1 MGA = 0.293095 NGN at the same rate.
How has NGN to MGA changed over the past year?
NGN to MGA rose 10.48% in the year to Friday, 23 October 2026. The year's high was 3.43565 on 22 October 2026 and its low 2.95134 on 10 March 2026.
Where does this rate come from?
Calculated from the euro rates published by Banca d'Italia 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=NGN&symbols=MGA returns it as JSON. Put a date such as 2026-10-23 in place of latest for a past day.