Malagasy ariary (MGA), Madagascar. Rate for 2 November 2026.
1 Malagasy ariary is ₹0.02091 today, 2 November 2026, down 0.02% from ₹0.02091 yesterday. One Indian rupee buys 47.82 Malagasy ariary. 100 Malagasy ariary come to ₹2.09 and 1,000 to ₹20.91.
Today's figure is a central-bank reference rate, not a live market quote, so a bank or a money changer will quote a little either side of it.
| Date | Rate then | Change to today | |
|---|---|---|---|
| Yesterday | 1 November 2026 | ₹0.02091 | −0.02% |
| A week ago | 26 October 2026 | ₹0.02074 | +0.81% |
| A month ago | 2 October 2026 | ₹0.02168 | −3.56% |
| A year ago | 2 November 2025 | ₹0.0198 | +5.59% |
| Malagasy ariary | Indian rupees |
|---|---|
| 1 MGA | ₹0.02091 |
| 5 MGA | ₹0.1046 |
| 10 MGA | ₹0.2091 |
| 50 MGA | ₹1.05 |
| 100 MGA | ₹2.09 |
| 500 MGA | ₹10.46 |
| 1,000 MGA | ₹20.91 |
| 5,000 MGA | ₹104.55 |
| 10,000 MGA | ₹209.10 |
| 100,000 MGA | ₹2,091.04 |
| Indian rupees | Malagasy ariary |
|---|---|
| ₹1 | 47.82 MGA |
| ₹5 | 239.12 MGA |
| ₹10 | 478.23 MGA |
| ₹50 | 2,391.15 MGA |
| ₹100 | 4,782.30 MGA |
| ₹500 | 23,911.50 MGA |
| ₹1,000 | 47,823.00 MGA |
| ₹5,000 | 239,115.01 MGA |
| ₹10,000 | 478,230.01 MGA |
| ₹1,00,000 | 4,782,300.13 MGA |
The converter on this page turns any amount of Malagasy ariary into Indian rupees, or rupees into them, at the day's reference rate.
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| November 2026 | ₹0.02091 | ₹0.02091 | ₹0.02091 | ₹0.02091 | −0.02% |
| October 2026 | ₹0.02176 | ₹0.0208 | ₹0.02176 | ₹0.02065 | −4.40% |
| September 2026 | ₹0.02195 | ₹0.02175 | ₹0.02216 | ₹0.02175 | −0.93% |
| August 2026 | ₹0.02214 | ₹0.02203 | ₹0.0223 | ₹0.02203 | −0.50% |
| July 2026 | ₹0.0223 | ₹0.02216 | ₹0.02256 | ₹0.02216 | −0.63% |
| June 2026 | ₹0.02266 | ₹0.02223 | ₹0.02279 | ₹0.02221 | −1.90% |
| May 2026 | ₹0.02287 | ₹0.02275 | ₹0.02306 | ₹0.02264 | −0.55% |
| April 2026 | ₹0.02253 | ₹0.02286 | ₹0.02286 | ₹0.02223 | +1.46% |
| March 2026 | ₹0.02159 | ₹0.02256 | ₹0.0226 | ₹0.02159 | +4.50% |
| February 2026 | ₹0.02067 | ₹0.02146 | ₹0.02146 | ₹0.02039 | +3.82% |
| January 2026 | ₹0.01964 | ₹0.02061 | ₹0.02065 | ₹0.01957 | +4.91% |
| December 2025 | ₹0.02003 | ₹0.01961 | ₹0.02031 | ₹0.01961 | −2.09% |
| November 2025 | ₹0.0198 | ₹0.01997 | ₹0.01997 | ₹0.01973 | +0.83% |
| October 2025 | ₹0.02 | ₹0.0198 | ₹0.02 | ₹0.01951 | −1.02% |
| September 2025 | ₹0.01981 | ₹0.01999 | ₹0.02005 | ₹0.01976 | +0.89% |
| August 2025 | ₹0.01958 | ₹0.01984 | ₹0.01993 | ₹0.01953 | +1.33% |
| July 2025 | ₹0.01955 | ₹0.01968 | ₹0.01968 | ₹0.01933 | +0.67% |
| June 2025 | ₹0.01886 | ₹0.01943 | ₹0.01953 | ₹0.01886 | +3.02% |
| May 2025 | ₹0.01901 | ₹0.0189 | ₹0.01923 | ₹0.01883 | −0.62% |
| April 2025 | ₹0.0184 | ₹0.01906 | ₹0.01906 | ₹0.0184 | +3.60% |
| March 2025 | ₹0.01845 | ₹0.01839 | ₹0.01879 | ₹0.01837 | −0.37% |
| February 2025 | ₹0.01852 | ₹0.01843 | ₹0.01869 | ₹0.01835 | −0.53% |
| January 2025 | ₹0.01822 | ₹0.0185 | ₹0.01852 | ₹0.0182 | +1.54% |
| December 2024 | ₹0.01812 | ₹0.01823 | ₹0.01826 | ₹0.01802 | +0.63% |
Where each month opened and closed, and its high and low, from the daily reference rate.
| Date | 1 MGA | Change |
|---|---|---|
| 2 November 2026 | ₹0.02091 | −0.02% |
| 1 November 2026 | ₹0.02091 | +0.56% |
| 31 October 2026 | ₹0.0208 | −0.98% |
| 30 October 2026 | ₹0.021 | +0.46% |
| 29 October 2026 | ₹0.02091 | +0.70% |
| 28 October 2026 | ₹0.02076 | +0.08% |
| 27 October 2026 | ₹0.02074 | +0.01% |
| 26 October 2026 | ₹0.02074 | −0.35% |
| 25 October 2026 | ₹0.02081 | +0.37% |
| 24 October 2026 | ₹0.02074 | −0.09% |
| 23 October 2026 | ₹0.02076 | +0.51% |
| 22 October 2026 | ₹0.02065 | −0.22% |
| 21 October 2026 | ₹0.0207 | −0.61% |
| 20 October 2026 | ₹0.02082 | −0.13% |
| 19 October 2026 | ₹0.02085 | +0.09% |
| 18 October 2026 | ₹0.02083 | −0.44% |
| 16 October 2026 | ₹0.02093 | −0.50% |
| 15 October 2026 | ₹0.02103 | −0.17% |
| 14 October 2026 | ₹0.02107 | −0.45% |
| 13 October 2026 | ₹0.02116 | −0.92% |
| 12 October 2026 | ₹0.02136 | −0.89% |
| 11 October 2026 | ₹0.02155 | −0.37% |
| 9 October 2026 | ₹0.02163 | −0.11% |
| 8 October 2026 | ₹0.02166 | −0.07% |
| 7 October 2026 | ₹0.02167 | −0.34% |
| 6 October 2026 | ₹0.02174 | +0.44% |
| 5 October 2026 | ₹0.02165 | +0.07% |
| 4 October 2026 | ₹0.02163 | −0.23% |
| 2 October 2026 | ₹0.02168 | −0.33% |
| 1 October 2026 | ₹0.02176 |
1 Malagasy ariary (MGA) is ₹0.02091 on 2 November 2026. Today's figure is a central-bank reference rate, not a live market quote, so a bank or a money changer will quote a little either side of it.
100 Malagasy ariary is ₹2.09 at today's rate of ₹0.02091; 1,000 is ₹20.91 and 10,000 is ₹209.10. A bank or a remittance service applies its own margin on top, so the amount you receive is a little less.
One Indian rupee is 47.82 Malagasy ariary today, so ₹1,000 buys 47,823.00 MGA and ₹1,00,000 buys 4,782,300.13 MGA.
The Malagasy ariary is down 3.56% over the last month (₹0.02168 on 2 October 2026) and up 5.59% over the last year (₹0.0198 on 2 November 2025) against the rupee. The chart and the month-by-month table on this page show the whole run.
This page shows the mid-market reference rate, the midpoint between what banks buy and sell at. A bank, a card network or a money changer quotes a rate a few paise to a few rupees either side of it and may add a fee on top. Compare the quote you are given with the figure here to see the margin you are paying.