Indian Rupee to Malagasy Ariary
Convert INR to MGA
One INR is worth 45.1782 MGA.
One MGA is worth 0.02213 INR.
1 INR is worth 45.1782 MGA at the mid-market rate. That rate is indicative, refreshed hourly, and is the reference figure before any bank or bureau margin.
Updated Sep 12, 2026, 12:02 AM
Converted amount
45 MGA
1 INR = 45.1782 MGA · 1 MGA = 0.02213 INR
Updated Sep 12, 2026, 12:02 AM
INR to MGA conversion table
Common Indian Rupee amounts converted into Malagasy Ariary at the current mid-market rate, refreshed every hour. Read a price straight off the table instead of typing an amount.
| Amount in INR | Converted to MGA |
|---|---|
| 1 INR | 45 MGA |
| 5 INR | 226 MGA |
| 10 INR | 452 MGA |
| 25 INR | 1,129 MGA |
| 50 INR | 2,259 MGA |
| 100 INR | 4,518 MGA |
| 250 INR | 11,295 MGA |
| 500 INR | 22,589 MGA |
| 1,000 INR | 45,178 MGA |
| 5,000 INR | 225,891 MGA |
| 10,000 INR | 451,782 MGA |
Convert MGA back to INR
| Amount in MGA | Converted to INR |
|---|---|
| 100 MGA | 2.21 INR |
| 500 MGA | 11.07 INR |
| 1,000 MGA | 22.13 INR |
| 2,500 MGA | 55.34 INR |
| 5,000 MGA | 110.67 INR |
| 10,000 MGA | 221.35 INR |
| 50,000 MGA | 1,106.73 INR |
| 100,000 MGA | 2,213.46 INR |
The figure shown is the mid-market rate: the midpoint between the buy and sell price, updated hourly. It is the rate before any margin is added, so a bank or a bureau de change will quote you a lower one.
About the Indian Rupee to Malagasy Ariary rate
This page converts the Indian Rupee (INR) into the Malagasy Ariary (MGA) at the mid-market rate. Both currencies trade continuously on the foreign exchange market, and the ratio between them moves with interest rates, inflation and the trade flows between their economies. The rate shown here is the neutral reference each bank, card network and bureau de change then builds its own price on top of.
Every figure on this page is an hourly mid-market reading of INR/MGA. It says where the pair stands right now, not where it is heading: no rate here is a forecast, a quote, or an offer to exchange.
INR to MGA: common questions
How much is 100 INR in MGA?
100 INR converts to 4,518 MGA at the current mid-market rate, where one INR is worth 45.1782 MGA. That rate is refreshed every hour from ExchangeRate-API, so the figure moves through the day.
Is 45.1782 the rate my bank will give me?
No. 45.1782 is the mid-market rate for INR to MGA, the midpoint between the buy and sell price and the rate before anyone adds a margin. A bank, a card network or a bureau de change quotes a lower rate on this pair and may charge a fee on top, so expect to receive less than the converted figure shown here.
What is the INR to MGA exchange rate today?
Today one INR is worth 45.1782 MGA, and one MGA is worth 0.02213 INR. The figure comes from ExchangeRate-API and is refreshed every hour, so it is the latest hourly mid-market reading rather than a live trading price.
How do I convert MGA back to INR?
Use the inverse rate: one MGA is worth 0.02213 INR, so multiply your Malagasy Ariary amount by that figure. You can also swap the two currencies in the converter above and the table recalculates in the other direction.
Can I convert INR to MGA without internet?
Yes, in the Android app. It stores the last synced INR to MGA rate on the device and keeps converting with no connection, then updates as soon as you are online again. This website needs a connection, because it fetches the rate when the page loads.
Why does the INR to MGA rate keep changing?
The Indian Rupee and the Malagasy Ariary are priced against each other continuously on the currency market, and this page follows that market with an hourly refresh. Interest rates, inflation, trade flows and political news all move the pair, which is why the rate you saw in the morning is rarely the rate you see at night.
Convert INR to MGA offline
The Android app keeps the last synced rates on your phone, so INR to MGA still converts with no connection: on a plane, in a metro, or abroad without a data plan. It also converts one source currency into several targets on one screen, charts the history of every pair, and can send you a push notification when INR/MGA crosses a level you set.
Other conversions people make with INR and MGA
The INR to MGA rate on this page is an indicative mid-market rate from ExchangeRate-API, refreshed hourly. It is the rate before any margin is added, so a bank, a bureau de change or a payment provider will quote you less. Nothing on this page is financial advice.