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Malagasy Ariary to Indian Rupee

Convert MGA to INR

One MGA is worth 0.02197 INR.

One INR is worth 45.5069 MGA.

1 MGA is worth 0.02197 INR at the mid-market rate. That rate is indicative, refreshed hourly, and is the reference figure before any bank or bureau margin.

Updated Sep 20, 2026, 12:02 AM

MGA
From
To

Converted amount

2.20 INR

1 MGA = 0.02197 INR · 1 INR = 45.5069 MGA

Updated Sep 20, 2026, 12:02 AM

MGA to INR conversion table

Common Malagasy Ariary amounts converted into Indian Rupee at the current mid-market rate, refreshed every hour. Read a price straight off the table instead of typing an amount.

Amount in MGAConverted to INR
100 MGA2.20 INR
500 MGA10.99 INR
1,000 MGA21.97 INR
2,500 MGA54.94 INR
5,000 MGA109.87 INR
10,000 MGA219.75 INR
25,000 MGA549.37 INR
50,000 MGA1,098.73 INR
100,000 MGA2,197.47 INR
500,000 MGA10,987.34 INR
1,000,000 MGA21,974.69 INR

Convert INR back to MGA

Amount in INRConverted to MGA
1 INR46 MGA
5 INR228 MGA
10 INR455 MGA
25 INR1,138 MGA
50 INR2,275 MGA
100 INR4,551 MGA
500 INR22,753 MGA
1,000 INR45,507 MGA

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 Malagasy Ariary to Indian Rupee rate

This page converts the Malagasy Ariary (MGA) into the Indian Rupee (INR) 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 MGA/INR. 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.

MGA to INR: common questions

How much is 100 MGA in INR?

100 MGA converts to 2.20 INR at the current mid-market rate, where one MGA is worth 0.02197 INR. That rate is refreshed every hour from ExchangeRate-API, so the figure moves through the day.

Is 0.02197 the rate my bank will give me?

No. 0.02197 is the mid-market rate for MGA to INR, 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 MGA to INR exchange rate today?

Today one MGA is worth 0.02197 INR, and one INR is worth 45.5069 MGA. 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 INR back to MGA?

Use the inverse rate: one INR is worth 45.5069 MGA, so multiply your Indian Rupee 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 MGA to INR without internet?

Yes, in the Android app. It stores the last synced MGA to INR 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 MGA to INR rate keep changing?

The Malagasy Ariary and the Indian Rupee 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 MGA to INR offline

The Android app keeps the last synced rates on your phone, so MGA to INR 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 MGA/INR crosses a level you set.

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The MGA to INR 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.