Nigerian Naira to Malagasy Ariary
Convert NGN to MGA
One NGN is worth 3.4118 MGA.
One MGA is worth 0.29310 NGN.
1 NGN is worth 3.4118 MGA at the mid-market rate. That rate is indicative, dated below, and is the reference figure before any bank or bureau margin.
Updated Nov 9, 2026, 12:02 AM
Converted amount
3 MGA
1 NGN = 3.4118 MGA · 1 MGA = 0.29310 NGN
Updated Nov 9, 2026, 12:02 AM
NGN to MGA conversion table
Common Nigerian Naira amounts converted into Malagasy Ariary at the mid-market rate dated on this page. Read a price straight off the table instead of typing an amount.
| Amount in NGN | Converted to MGA |
|---|---|
| 1 NGN | 3 MGA |
| 5 NGN | 17 MGA |
| 10 NGN | 34 MGA |
| 25 NGN | 85 MGA |
| 50 NGN | 171 MGA |
| 100 NGN | 341 MGA |
| 250 NGN | 853 MGA |
| 500 NGN | 1,706 MGA |
| 1,000 NGN | 3,412 MGA |
| 2,500 NGN | 8,530 MGA |
| 5,000 NGN | 17,059 MGA |
| 10,000 NGN | 34,118 MGA |
| 25,000 NGN | 85,296 MGA |
| 50,000 NGN | 170,591 MGA |
| 100,000 NGN | 341,183 MGA |
Convert MGA back to NGN
| Amount in MGA | Converted to NGN |
|---|---|
| 10 MGA | 2.93 NGN |
| 50 MGA | 14.65 NGN |
| 100 MGA | 29.31 NGN |
| 250 MGA | 73.27 NGN |
| 500 MGA | 146.55 NGN |
| 1,000 MGA | 293.10 NGN |
| 2,500 MGA | 732.74 NGN |
| 5,000 MGA | 1,465.49 NGN |
| 10,000 MGA | 2,930.98 NGN |
| 50,000 MGA | 14,654.89 NGN |
| 100,000 MGA | 29,309.78 NGN |
The figure shown is the mid-market rate: the midpoint between the buy and sell price, dated on the page. 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 Nigerian Naira to Malagasy Ariary rate
This page converts the Nigerian Naira (NGN) 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 a mid-market reading of NGN/MGA, dated above. It says where the pair stood at that time, not where it is heading: no rate here is a forecast, a quote, or an offer to exchange.
NGN to MGA: common questions
How much is 100 NGN in MGA?
100 NGN converts to 341 MGA at the mid-market rate shown on this page, where one NGN is worth 3.4118 MGA. The pair moves through the day, so check the date under the rate before you rely on the figure.
Is 3.4118 the rate my bank will give me?
No. 3.4118 is the mid-market rate for NGN 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 NGN to MGA exchange rate?
One NGN is worth 3.4118 MGA, and one MGA is worth 0.29310 NGN, at the time shown under the rate. The figure comes from ExchangeRate-API: it is a mid-market reading rather than a live trading price, and every figure on this page, the converter included, uses it.
How do I convert MGA back to NGN?
Use the inverse rate: one MGA is worth 0.29310 NGN, 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 NGN to MGA without internet?
Yes, in the Android app. It stores the last synced NGN 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 NGN to MGA rate keep changing?
The Nigerian Naira and the Malagasy Ariary are priced against each other continuously on the currency market. 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 NGN to MGA offline
The Android app keeps the last synced rates on your phone, so NGN 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 NGN/MGA crosses a level you set.
Other conversions people make with NGN and MGA
The NGN to MGA rate on this page is an indicative mid-market rate from ExchangeRate-API, dated where it is shown. 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.