Indian Rupee to Malagasy Ariary exchange rate today

The Indian Rupee to Malagasy Ariary exchange rate shows how much one Indian Rupee is worth in Malagasy Ariary. Use the currency converter below and explore the historical charts to see how the rate has changed over time.

Current rate: 1 INR = MGA

Update
Indian Rupee 1 INR = Malagasy Ariary 48.48429036 MGA
+0.27% · Past 24 hours
Exchange Rates 1 INR = Ar48.48429036 MGA
Inverse rate 1 MGA = ₹0.02062524 INR
24-hour range · Near high
Lowest Ar48.31283073 Current Ar48.48429036 Highest Ar48.48429036
Source: Currency Converter mid-market
Currency converter
Rate: 48.48429036 MGA
Inverse: 0.02062524 INR

Indian Rupee to Malagasy Ariary exchange rate chart

Track exchange rate trends for INR to MGA over 24 hours, 7 days, 1 month, 6 months, 1 year, 2 years, and 5 years.

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Lowest
Highest
Average
Change

Other conversions

NGN/MGA
3.37971287
7D +0.40%
AOA/MGA
4.95989431
7D +0.61%
BIF/MGA
1.51875806
7D +1.09%
BWP/MGA
329.86984973
7D +0.91%
Practical rate background

INR/MGA exchange rate overview

Current value, recent trends, 12-month range, and monthly changes. Exchange rates are calculated by converting from 1 INR into MGA.

366 daily data points 25 hourly data points
Current exchange rate
48.48429036 MGA
2026-11-08
Past 24 hours
+0.13277 MGA
+0.27%
Past 7 days
+0.886959 MGA
+1.86%
Past 30 days
+2.19017 MGA
+4.73%
Past 1 year
-2.187907 MGA
-4.32%
Position in 12-month range today
64/100
Mid range
Lowest
43.43214767 Today
48.48429036 Highest
51.37338105
12 month change
Monthly exchange rate changes over the last 12 months.
Change %
+2.13%
December
-3.79%
January
-5.07%
February
-3.74%
March
-2.59%
April
+0.83%
May
+1.66%
June
+0.23%
July
+1.25%
August
+0.68%
September
+3.87%
October
+1.86%
November
Long-term exchange rate view

INR/MGA 5-year exchange rate history

Annual averages, ranges, and trends over the last 5 years. Displayed rates are converted from 1 INR into MGA.

1826 daily observations
Strongest year
2024 · 54.20040249 MGA
Average rate
Current range status
2026 · Volatility Year
YTD
Last updated
Updated hourly
Exchange rate charts by year Each row displays the average, lowest, highest, and annual change.
2022
Average rate 52.54621221 MGA
Position: 78/100
Annual range
50.83030887 – 54.13898066 MGA
Stable year +1.72%
2023
Average rate 53.90092167 MGA
Position: 96/100
Annual range
51.35212245 – 55.74103822 MGA
Stable year +2.51%
2024
Average rate 54.20040249 MGA
Position: 100/100
Annual range
52.08011067 – 55.74784558 MGA
Stable year -0.57%
2025
Average rate 52.02256732 MGA
Position: 71/100
Annual range
48.82682693 – 55.20553796 MGA
Volatility Year -7.53%
2026 Year to Date
Average rate 46.79106149 MGA
Position: 3/100
Annual range
43.43214767 – 51.37338105 MGA
Volatility Year -5.04%

This module summarizes historical performance and does not predict future exchange rates.