1 INR to MGA Exchange Rate Today — Convert Indian Rupee to Malagasy Ariary
. Type your Indian Rupee amount and this INR to MGA currency converter shows the live exchange rate and Converted Amount in Malagasy ariary — the same mid-market rate banks quote, not a marked-up one. Hit swap for MGA to INR. See the pgk to czk money transfer rate too.
Current INR to MGA Exchange Rate — Live Mid-Market Rate
As of 2026-10-27 03:04:07 UTC, 1 Indian Rupee (INR) equals 48.059658157 Malagasy Ariary (MGA). That's the INR to MGA mid-market rate — the midpoint between the global buy and sell price, before any bank markup or transfer spread. It's the fairest benchmark for a Indian Rupee to Malagasy Ariary money transfer, remittance or travel-money budget. See the npr to pln conversion rate too.
Quoted in MGA, it's the same interbank INR/MGA rate the forex market references — so you know exactly how much 1 INR is worth in Malagasy Ariary today. In symbol terms that's Rs to MGA, using the ISO 4217 codes INR and MGA. The Malagasy Ariary is the official currency of MG, while the Indian Rupee is the money of BT.
Over the past 30 days the INR has softened against the Malagasy Ariary.
Indian Rupee to Malagasy Ariary Exchange Rate Chart — 1-Year Weekly Trend
This Indian Rupee to Malagasy Ariary exchange rate chart plots the estimated weekly INR/MGA trend over the past year, so you can see how the currency pair has moved beyond today's live mid-market rate. See the egp to cad rate today too.
Read it alongside the currency converter above to judge whether the INR is trading strong or weak against the Malagasy Ariary before you exchange money, send a transfer or plan a forex trade — in other words, how many Malagasy ariary a single Indian Rupee buys week to week. Longer swings in this pair usually track Indian Rupee and Malagasy Ariary central bank policy, inflation and forex demand.
Over the last 90 days the rate has trended upward (+2.50%).
INR to Malagasy Ariary Conversion Table — Common Amounts
The INR to MGA conversion table below lists common amounts — from 1 to 9,998 — converted both ways at today's rate, so you can check 1 INR in MGA or a full transfer amount at a glance. Each row shows the Indian rupees to Malagasy ariary value and the reverse MGA to INR rate — handy for quick currency-calculator checks without retyping.
Planning to send money, wire a bank transfer or just sanity-check Rs to MGA before you travel? The amounts below cover it.
| Amount (INR) | INR to MGA Exchange Rate | Amount (MGA) | MGA to INR Exchange Rate |
|---|---|---|---|
| 1 INR | 48.05966 MGA | 1 MGA | 0.02081 INR |
| 8 INR | 384.47727 MGA | 8 MGA | 0.16646 INR |
| 18 INR | 865.07385 MGA | 18 MGA | 0.37453 INR |
| 28 INR | 1345.67043 MGA | 28 MGA | 0.58261 INR |
| 48 INR | 2306.86359 MGA | 48 MGA | 0.99876 INR |
| 98 INR | 4709.8465 MGA | 98 MGA | 2.03913 INR |
| 198 INR | 9515.81232 MGA | 198 MGA | 4.11988 INR |
| 398 INR | 19127.74395 MGA | 398 MGA | 8.28137 INR |
| 798 INR | 38351.60721 MGA | 798 MGA | 16.60436 INR |
| 1598 INR | 76799.33373 MGA | 1598 MGA | 33.25034 INR |
| 3198 INR | 153694.78679 MGA | 3198 MGA | 66.5423 INR |
| 6398 INR | 307485.69289 MGA | 6398 MGA | 133.12621 INR |
| 7998 INR | 384381.14594 MGA | 7998 MGA | 166.41816 INR |
| 8998 INR | 432440.8041 MGA | 8998 MGA | 187.22563 INR |
| 9998 INR | 480500.46225 MGA | 9998 MGA | 208.03311 INR |
Indian Rupee to MGA Rate Statistics — 7, 30 & 90-Day High, Low & Volatility
These INR/MGA exchange rate statistics summarise the estimated high, low, average and volatility for the Indian Rupee to Malagasy Ariary pair over the last 7, 30 and 90 days — the kind of forex snapshot traders and remittance senders use to time a conversion and gauge how much the MGA rate typically swings around the interbank benchmark.
Because banks and money-transfer providers add a markup on top of this bank rate, watching the INR/MGA range — nudged by central bank decisions — helps you spot a good day to exchange.
Over the last 7 days, INR to MGA moved between 47.3986 and 48.0597. The average was 47.7663 with 1.38% volatility. Over the last 30 days, INR to MGA moved between 47.3986 and 49.3748. The average was 48.5166 with 4.07% volatility. Over the last 90 days, INR to MGA moved between 46.1612 and 49.3748. The average was 47.6625 with 6.74% volatility.
| Metric | Last 7 Days | Last 30 Days | Last 90 Days |
|---|---|---|---|
| High | 48.0597 | 49.3748 | 49.3748 |
| Low | 47.3986 | 47.3986 | 46.1612 |
| Average | 47.7663 | 48.5166 | 47.6625 |
| Change | +1.18% | -1.76% | +2.50% |
| Volatility | 1.38% | 4.07% | 6.74% |
Using the Indian Rupee (INR) to Malagasy Ariary (MGA) Currency Converter
To use this Indian Rupee to Malagasy Ariary currency converter, enter the Indian Rupee amount and pick Malagasy Ariary as the target. The currency calculator (or conversion calculator) applies the real-time INR/MGA exchange rate and shows the equivalent in Malagasy ariary instantly — answering how much is Indian Rupee in Malagasy Ariary the moment you type.
Tap swap to flip it into a MGA to INR converter. It's built for planning international money transfers and SWIFT wire payments, working out how much to send money abroad or overseas, budgeting travel money, comparing remittance quotes or checking a foreign exchange (forex) trade.
Key Features of the INR/MGA Currency Converter
Here's what makes this INR to MGA currency converter reliable for everyday exchange-rate checks, money transfers and forex planning:
- Real-Time Data: The converter pulls the latest Indian Rupee to MGA mid-market exchange rate, so the numbers you see reflect today's live market.
- User-Friendly Interface: Enter an amount and convert between this currency pair in seconds.
- Reliable Source: Rates are sourced from established financial data providers, the same ones banks and traders reference.
- Both Directions: Convert Indian rupees to Malagasy ariary and flip straight back to MGA → INR — one tool for the whole INR/MGA pair.
- Travel & Transfer Ready: Handy for ordering Malagasy Ariary banknotes, sending a wire transfer, or comparing the ISO 4217 pair INR and MGA before a forex trade.