Nigerian Naira to Malagasy Ariary exchange rate today

The Nigerian Naira to Malagasy Ariary exchange rate shows how much one Nigerian Naira 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 NGN = MGA

Update
Nigerian Naira 1 NGN = Malagasy Ariary 3.36128455 MGA
-0.15% · Past 24 hours
Exchange Rates 1 NGN = Ar3.36128455 MGA
Inverse rate 1 MGA = ₦0.29750531 NGN
24-hour range · Near low
Lowest Ar3.35676874 Current Ar3.36128455 Highest Ar3.40520327
Source: Currency Converter mid-market
Currency converter
Rate: 3.36128455 MGA
Inverse: 0.29750531 NGN

Nigerian Naira to Malagasy Ariary exchange rate chart

Track exchange rate trends for NGN 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
3.36128455
7D -0.21%
AOA/MGA
4.9457639
7D -0.47%
BIF/MGA
1.50408545
7D -0.52%
BWP/MGA
328.18479416
7D -0.01%
Practical rate background

NGN/MGA exchange rate overview

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

366 daily data points 25 hourly data points
Current exchange rate
3.36128455 MGA
2026-11-04
Past 24 hours
-0.005097 MGA
-0.15%
Past 7 days
-0.040911 MGA
-1.20%
Past 30 days
+0.043601 MGA
+1.31%
Past 1 year
+0.233818 MGA
+7.48%
Position in 12-month range today
86/100
High range
Lowest
2.97384108 Today
3.36128455 Highest
3.42561082
12 month change
Monthly exchange rate changes over the last 12 months.
Change %
+2.61%
December
+2.30%
January
-3.22%
February
-2.99%
March
-0.06%
April
+1.28%
May
+0.04%
June
+0.99%
July
+3.01%
August
+2.23%
September
+1.31%
October
+0.18%
November
Long-term exchange rate view

NGN/MGA 5-year exchange rate history

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

1826 daily observations
Strongest year
2022 · 9.74506404 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 9.74506404 MGA
Position: 100/100
Annual range
9.55045613 – 10.15800254 MGA
NGN strengthens against USD +3.88%
2023
Average rate 7.48004806 MGA
Position: 67/100
Annual range
5.1086351 – 10.08481035 MGA
Volatility Year -48.64%
2024
Average rate 3.18152709 MGA
Position: 3/100
Annual range
2.70539213 – 5.22599504 MGA
Volatility Year -40.66%
2025
Average rate 2.9795696 MGA
Position: 3/100
Annual range
2.76430128 – 3.17616229 MGA
Volatility Year +4.15%
2026 Year to Date
Average rate 3.30999953 MGA
Position: 5/100
Annual range
2.97384108 – 3.42561082 MGA
Volatility Year +5.86%

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