50 NGN to MGA - Convert Nigerian Nairas to Malagasy Ariary

Xe currency converter

1.00 NGN = 3.41957200 MGA

Mid-market rate at 09:09 UTC

₦
Ar

We use the mid-market rate for our Converter. This is for informational purposes only. You won’t receive this rate when sending money. Login to view send rates

Did you know you can send money abroad with Xe?

NGN to MGA exchange rates today

Convert Nigerian Naira to Malagasy Ariary

Rate information of NGN/MGA currency pair
ngn
NGN
mga
MGA
1 NGN3.41957 MGA
5 NGN17.0979 MGA
10 NGN34.1957 MGA
25 NGN85.4893 MGA
50 NGN170.979 MGA
100 NGN341.957 MGA
500 NGN1,709.79 MGA
1,000 NGN3,419.57 MGA
5,000 NGN17,097.9 MGA
10,000 NGN34,195.7 MGA

Convert Malagasy Ariary to Nigerian Naira

Rate information of MGA/NGN currency pair
mga
MGA
ngn
NGN
1 MGA0.292434 NGN
5 MGA1.46217 NGN
10 MGA2.92434 NGN
25 MGA7.31086 NGN
50 MGA14.6217 NGN
100 MGA29.2434 NGN
500 MGA146.217 NGN
1,000 MGA292.434 NGN
5,000 MGA1,462.17 NGN
10,000 MGA2,924.34 NGN

NGN to MGA chart

See your 50 NGN in motion. Our live NGN to MGA chart tracks 12 months of real-time, mid-market rates and shows exactly how much your money was worth at any point in time. Want to know when the rate moves in your favor? Set a rate alert and we’ll let you know when it hits your target.

View full chart

1 NGN = 3.41957 MGA

Oct 20, 2026, 09:09 UTC

Compare and save

When you compare Xe to leading banks and providers, the difference is clear. Bank-beating rates and no hidden fees mean more value on every transfer.

Sending 20,000.00 GBP

Xe
Exchange rate
1.321500
Transfer fee
0 GBP
Recipient gets
26,430.00 USD+381.55 USD
Send with Xe
Nationwide
Exchange rate
1.303400
Transfer fee
15.00 GBP
Recipient gets
26,048.44 USD-381.55 USD

Rates obtained as of 10/19/2026

The comparison savings are based on a single transfer from GBP 20,000 to USD. Savings are calculated by comparing the exchange rate including margins and fees provided by each bank and Xe on the same day 10/19/2026. The comparison savings provided are only accurate for the given example and may not include all costs and charges. Different currency exchange amounts, currency types, dates, times, and other individual factors will result in different comparison savings. These results may therefore not be indicative of actual savings and should be used for guidance only. The rate comparison chart is updated quarterly.

1 NGN to MGA
MetricLast 7 daysLast 30 daysLast 90 days
High3.43003.43003.4300
Low3.35613.25643.1105
Average3.39403.34073.2449
Volatility1.18%0.67%0.53%

NGN to MGA statistics

Over the last 7 days, NGN to MGA moved between 3.3561 and 3.4300. The average was 3.3940 with 1.18% volatility.

Over the last 30 days, NGN to MGA moved between 3.2564 and 3.4300. The average was 3.3407 with 0.67% volatility.

Over the last 90 days, NGN to MGA moved between 3.1105 and 3.4300. The average was 3.2449 with 0.53% volatility.

Manage your currencies on the go with the Xe app

It has everything you need for international money transfers — easy, secure, and low fees starting at $0.
Download XE’s currency app on the App StoreDownload XE’s currency app on Google Play
Download xe app from goole playstore and apple app store
Showing 8 popular currency pairs

Popular Nigerian Naira (NGN) pairings

Xe makes international money transfers simple.

International money transfers done right

Xe makes international money transfers simple. See all pricing upfront, get reliable delivery estimates, and track every transfer in real time. Send to 190+ countries in 130+ currencies.

More live NGN currency charts

usd
US Dollar

1 NGN equals to

0.00075176 USD

-0.0000 (0.29%) Weekly

View chart
eur
Euro

1 NGN equals to

0.00067052 EUR

-0.0000 (0.58%) Weekly

View chart
gbp
British Pound

1 NGN equals to

0.00056329 GBP

-0.0000 (1.09%) Weekly

View chart
jpy
Japanese Yen

1 NGN equals to

0.118840 JPY

-0.0003 (0.29%) Weekly

View chart
cad
Canadian Dollar

1 NGN equals to

0.00105701 CAD

-0.0000 (1.68%) Weekly

View chart
aud
Australian Dollar

1 NGN equals to

0.00107520 AUD

-0.0000 (0.56%) Weekly

View chart
chf
Swiss Franc

1 NGN equals to

0.00061989 CHF

-0.0000 (1.30%) Weekly

View chart
cny
Chinese Yuan Renminbi

1 NGN equals to

0.00502145 CNY

-0.0000 (0.50%) Weekly

View chart

Currency information

Learn more about the NGN and MGA

ngn

NGN - Nigerian Naira

Our currency rankings show that the most popular Nigerian Naira exchange rate is the NGN to USD rate. The currency code for Nigerian Nairas is NGN. The currency symbol is ₦.

More Nigerian Naira info
mga

MGA - Malagasy Ariary

Our currency rankings show that the most popular Malagasy Ariary exchange rate is the MGA to USD rate. The currency code for Malagasy Ariary is MGA. The currency symbol is Ar.

More Malagasy Ariary info
Xe for business

Global business payments simplified.

Whether you need to make cross-border payments or FX risk management solutions, we’ve got you covered. Schedule international transfers across 130 currencies in 190+ countries.

Xe Global Business Payment Woman

NGN to MGA frequently asked questions

As of 09:09 UTC, the mid-market NGN to MGA rate is ₦1 = Ar3.4195. The mid-market rate is the midpoint between buy and sell prices in global currency markets. To see how much this transfer would be with Xe, visit our send money page.

Simplifying money transfers

Xe helps you make money transfers abroad online, quickly and with low fees