South Korean Won to Malagasy Ariary — KRW to MGA

1 KRW = 3.42086704 MGA
1 MGA = 0.29232 KRW · Mid-market rate, 07:47 UTC

KRW/MGA Exchange Rate Chart

1D | 1W | 1M | 3M | 6M | 1Y | 2Y | 5Y | 10Y

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KRW/MGA Rate Statistics

Metric 7 Days 30 Days 90 Days
High 3.4504 3.4692 3.4692
Low 3.4086 3.3173 3.0234
Average 3.4319 3.405 3.2478
Change -0.39% +2.99% +11.75%

KRW/MGA Over the Past Year

KRW/MGA is at 3.4209, 95% of the way between its 52-week low of 2.6934 (5 Jun 2026) and high of 3.4631 (26 Oct 2026). It is up 7.8% since 1 January and up 9.6% on a year ago.

52-week high (26 Oct 2026)3.4631
52-week low (5 Jun 2026)2.6934
Change since 1 January+7.78%
Change over 1 year+9.60%

Based on daily closing rates over the past 12 months.

KRW to MGA Conversion Table

KRW MGA
KRW 1,000 MGA 3,421
KRW 5,000 MGA 17,104
KRW 10,000 MGA 34,209
KRW 25,000 MGA 85,522
KRW 50,000 MGA 171,043
KRW 100,000 MGA 342,087
KRW 500,000 MGA 1,710,434

MGA to KRW Conversion Table

MGA KRW
MGA 1,000 KRW 292
MGA 5,000 KRW 1,462
MGA 10,000 KRW 2,923
MGA 25,000 KRW 7,308
MGA 50,000 KRW 14,616
MGA 100,000 KRW 29,232
MGA 500,000 KRW 146,162

One South Korean Won is worth 3.4209 MGA at today's mid-market rate, so 100 KRW converts to 342 MGA and 1,000 KRW converts to 3,421 MGA. Over the past 30 days the rate has moved between 3.3173 and 3.4692.

Over the past year KRW/MGA has ranged from 2.6934 (5 June 2026) to 3.4631 (26 October 2026). Its biggest one-day move in that time was a fall of 2.49% on 26 February 2026. For longer context, five years ago one KRW bought about 3.3727 MGA; ten years ago, about 2.7387.

Rates on this page update every minute. They are mid-market rates, which is usually better than the rate a bank or transfer provider will offer you.

Frequently Asked Questions

What is the KRW to MGA exchange rate today?
The mid-market rate is 1 KRW = 3.4209 MGA, so 100 KRW converts to 342 MGA. The rate updates every minute.
What was the highest KRW to MGA rate in the past year?
The highest daily closing rate in the past 12 months was 3.4631 on 26 October 2026. The lowest was 2.6934 on 5 June 2026.
How much has KRW/MGA changed this year?
KRW/MGA is up 7.8% since 1 January, and up 9.6% on a year ago.
What was the KRW to MGA rate five years ago?
About 3.3727 MGA per KRW. Today's rate of 3.4209 is up 1.4% on that.
Why is my bank's KRW to MGA rate different?
The rate on this page is the mid-market rate: the midpoint between what buyers and sellers of KRW and MGA are paying on the wholesale market. Banks and money transfer providers rarely give you that rate. Most build their profit into the exchange rate itself, quoting you a rate some way below mid-market and often advertising the transfer as "fee free". High-street banks commonly take 2-4% this way; specialist transfer services and brokers usually take much less. The gap matters most on large amounts: on a 50,000 KRW transfer, the difference between a 3% and a 0.5% margin is 1,250 KRW. Before you send, compare the rate you're offered against the mid-market rate here, and ask for the total amount that will arrive rather than the fee alone.

South Korean Won (KRW) exchange rates

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Malagasy Ariary (MGA) exchange rates

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