1 NGN to MGA Exchange Rate Today — Convert Nigerian Naira to Malagasy Ariary

1 NGN to MGA is 3.359396342. Type your Nigerian Naira amount and this NGN 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 NGN. See the Jersey Pound to mnt exchange rate too.


NGN
MGA
# 1 NGN = 3.359396342 MGA
Last updated: 2026-10-27 01:12:22 UTC
Use our currency converter for quick Nigerian Naira to Malagasy Ariary exchange rate conversions.

Current NGN to MGA Exchange Rate — Live Mid-Market Rate

As of 2026-10-27 01:12:22 UTC, 1 Nigerian Naira (NGN) equals 3.359396342 Malagasy Ariary (MGA). That's the NGN 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 Nigerian Naira to Malagasy Ariary money transfer, remittance or travel-money budget. See the Colombian Peso to Bhutanese Ngultrum exchange rate too.

Quoted in MGA, it's the same interbank NGN/MGA rate the forex market references — so you know exactly how much 1 NGN is worth in Malagasy Ariary today. In symbol terms that's ₦ to MGA, using the ISO 4217 codes NGN and MGA. The Malagasy Ariary is the official currency of MG, while the Nigerian Naira is the money of NG.

Over the past 30 days the NGN has softened against the Malagasy Ariary.

Nigerian Naira to Malagasy Ariary Exchange Rate Chart — 1-Year Weekly Trend

This Nigerian Naira to Malagasy Ariary exchange rate chart plots the estimated weekly NGN/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 mxn to gtq conversion rate too.

Read it alongside the currency converter above to judge whether the NGN 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 Nigerian Naira buys week to week. Longer swings in this pair usually track Nigerian Naira and Malagasy Ariary central bank policy, inflation and forex demand.

Over the last 90 days the rate has trended downward (-2.08%).

NGN to Malagasy Ariary Conversion Table — Common Amounts

The NGN 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 NGN in MGA or a full transfer amount at a glance. Each row shows the Nigerian nairas to Malagasy ariary value and the reverse MGA to NGN rate — handy for quick currency-calculator checks without retyping.

Planning to send money, wire a bank transfer or just sanity-check ₦ to MGA before you travel? The amounts below cover it.

Amount (NGN)NGN to MGA Exchange RateAmount (MGA)MGA to NGN Exchange Rate
1 NGN3.3594 MGA1 MGA0.29767 NGN
8 NGN26.87517 MGA8 MGA2.38138 NGN
18 NGN60.46913 MGA18 MGA5.35811 NGN
28 NGN94.0631 MGA28 MGA8.33483 NGN
48 NGN161.25102 MGA48 MGA14.28828 NGN
98 NGN329.22084 MGA98 MGA29.17191 NGN
198 NGN665.16048 MGA198 MGA58.93916 NGN
398 NGN1337.03974 MGA398 MGA118.47367 NGN
798 NGN2680.79828 MGA798 MGA237.54268 NGN
1598 NGN5368.31535 MGA1598 MGA475.6807 NGN
3198 NGN10743.3495 MGA3198 MGA951.95674 NGN
6398 NGN21493.4178 MGA6398 MGA1904.50883 NGN
7998 NGN26868.45194 MGA7998 MGA2380.78487 NGN
8998 NGN30227.84829 MGA8998 MGA2678.4574 NGN
9998 NGN33587.24463 MGA9998 MGA2976.12993 NGN

Nigerian Naira to MGA Rate Statistics — 7, 30 & 90-Day High, Low & Volatility

These NGN/MGA exchange rate statistics summarise the estimated high, low, average and volatility for the Nigerian Naira 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 NGN/MGA range — nudged by central bank decisions — helps you spot a good day to exchange.

Over the last 7 days, NGN to MGA moved between 3.3564 and 3.3905. The average was 3.3697 with 1.01% volatility. Over the last 30 days, NGN to MGA moved between 3.3564 and 3.5734. The average was 3.4471 with 6.30% volatility. Over the last 90 days, NGN to MGA moved between 3.3146 and 3.5743. The average was 3.4258 with 7.58% volatility.

MetricLast 7 DaysLast 30 DaysLast 90 Days
High3.39053.57343.5743
Low3.35643.35643.3146
Average3.36973.44713.4258
Change-0.73%-5.99%-2.08%
Volatility1.01%6.30%7.58%

Using the Nigerian Naira (NGN) to Malagasy Ariary (MGA) Currency Converter

To use this Nigerian Naira to Malagasy Ariary currency converter, enter the Nigerian Naira amount and pick Malagasy Ariary as the target. The currency calculator (or conversion calculator) applies the real-time NGN/MGA exchange rate and shows the equivalent in Malagasy ariary instantly — answering how much is Nigerian Naira in Malagasy Ariary the moment you type.

Tap swap to flip it into a MGA to NGN 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 NGN/MGA Currency Converter

Here's what makes this NGN to MGA currency converter reliable for everyday exchange-rate checks, money transfers and forex planning:

  • Real-Time Data: The converter pulls the latest Nigerian Naira 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 Nigerian nairas to Malagasy ariary and flip straight back to MGA → NGN — one tool for the whole NGN/MGA pair.
  • Travel & Transfer Ready: Handy for ordering Malagasy Ariary banknotes, sending a wire transfer, or comparing the ISO 4217 pair NGN and MGA before a forex trade.