Malagasy Ariary to South Korean Won
Convert MGA to KRW
One MGA is worth 0.31763 KRW.
One KRW is worth 3.1483 MGA.
1 MGA is worth 0.31763 KRW 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
Common amounts
Converted amount
3 KRW
1 MGA = 0.31763 KRW · 1 KRW = 3.1483 MGA
Updated Sep 20, 2026, 12:02 AM
MGA to KRW conversion table
Common Malagasy Ariary amounts converted into South Korean Won at the current mid-market rate, refreshed every hour. Read a price straight off the table instead of typing an amount.
| Amount in MGA | Converted to KRW |
|---|---|
| 10 MGA | 3 KRW |
| 50 MGA | 16 KRW |
| 100 MGA | 32 KRW |
| 250 MGA | 79 KRW |
| 500 MGA | 159 KRW |
| 1,000 MGA | 318 KRW |
| 2,500 MGA | 794 KRW |
| 5,000 MGA | 1,588 KRW |
| 10,000 MGA | 3,176 KRW |
| 50,000 MGA | 15,881 KRW |
| 100,000 MGA | 31,763 KRW |
Convert KRW back to MGA
| Amount in KRW | Converted to MGA |
|---|---|
| 1 KRW | 3 MGA |
| 5 KRW | 16 MGA |
| 10 KRW | 31 MGA |
| 25 KRW | 79 MGA |
| 50 KRW | 157 MGA |
| 100 KRW | 315 MGA |
| 500 KRW | 1,574 MGA |
| 1,000 KRW | 3,148 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 South Korean Won rate
This page converts the Malagasy Ariary (MGA) into the South Korean Won (KRW) 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/KRW. 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 KRW: common questions
How much is 100 MGA in KRW?
100 MGA converts to 32 KRW at the current mid-market rate, where one MGA is worth 0.31763 KRW. That rate is refreshed every hour from ExchangeRate-API, so the figure moves through the day.
Is 0.31763 the rate my bank will give me?
No. 0.31763 is the mid-market rate for MGA to KRW, 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 KRW exchange rate today?
Today one MGA is worth 0.31763 KRW, and one KRW is worth 3.1483 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 KRW back to MGA?
Use the inverse rate: one KRW is worth 3.1483 MGA, so multiply your South Korean Won 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 KRW without internet?
Yes, in the Android app. It stores the last synced MGA to KRW 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 KRW rate keep changing?
The Malagasy Ariary and the South Korean Won 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 KRW offline
The Android app keeps the last synced rates on your phone, so MGA to KRW 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/KRW crosses a level you set.
Other conversions people make with MGA and KRW
The MGA to KRW 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.