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Nigerian Naira (NGN) to Malagasy Ariary (MGA) Exchange Rate Today

1 NGN = 2.9634 MGA
-1.21%

Indicative mid-market rate for NGN/MGA, computed via the US dollar. This pair isn't quoted directly — the rate, chart and stats are derived from USD reference rates.

Today's Nigerian Naira to Malagasy Ariary rate is 2.9634 MGA per 1 NGN, down 1.21% (−0.036213 MGA) from the previous close of 2.9996. NGN/MGA has traded between 2.9634–2.9996 today and 2.5071–3.2425 over the last 52 weeks. The rate is above its 50-day average (2.9592) and above its 200-day average (2.941).

See MGA to NGN rate1 MGA = 0.30819 NGN
Select two currencies to see the conversion
From
To
Amount
NGN
Converted amount
2.9634 MGA
1 NGN = 2.9634 MGA
This is a mid-market reference rate. Buy and sell rates from banks and money changers may differ.

NGN to MGA Chart

Daily candlestick chart based on end-of-day market data

NGN/MGA Market Statistics

All fields from live market data

Open2.9953
Previous Close2.9996
50-Day Average Rate2.9592
200-Day Average Rate2.941
Foreign ExchangeDerived (USD cross)
Today's Range
2.96342.9996
52-Week Range
2.50713.2425

Conversion Tables

Common conversion amounts based on the current exchange rate

NGN → MGA

AmountConverted
12.9634 MGA
514.8169 MGA
1029.6338 MGA
50148.17 MGA
100296.34 MGA
5001,481.69 MGA
1,0002,963.38 MGA

MGA → NGN

AmountConverted
10.30819 NGN
51.541 NGN
103.0819 NGN
5015.4097 NGN
10030.8193 NGN
500154.10 NGN
1,000308.19 NGN

Frequently Asked Questions

Today 1 Nigerian Naira (NGN) equals 2.9634 Malagasy Ariary (MGA) at the mid-market rate, updated 14 Aug 2026 · 10:18 WIB.
100 NGN = 296.34 MGA at the current rate. See the conversion table above for other amounts.
The NGN/MGA rate is down 1.21% today and sits above its 50-day average of 2.9592. Over the last 52 weeks it has ranged between 2.5071 and 3.2425.
Multiply the NGN amount by the current rate. Example: 250 NGN × 2.9634 = 740.85 MGA. The converter on this page does this automatically, in both directions.
Rates come from global foreign-exchange market data and refresh regularly (about every 5 minutes) while markets are open. The chart uses daily closing (end-of-day) data.
No — this page is a rate reference, not a money-changing or remittance service. Mid-market rates usually differ from the buy/sell rates offered by banks and money changers.

About the Currencies

NGN About Nigerian Naira

Nigerian Naira (NGN) is a currency traded on the global foreign-exchange market. On this page you can track its rate against other currencies, with a daily chart, conversion tables and rate history.

MGA About Malagasy Ariary

Malagasy Ariary (MGA) is a currency traded on the global foreign-exchange market. On this page you can track its rate against other currencies, with a daily chart, conversion tables and rate history.

Exchange-rate data is provided by Financial Modeling Prep (FMP). Rates shown are mid-market reference rates for informational purposes only and are not an offer to buy or sell any currency.