Malagasy Ariary to South Korean Won — MGA to KRW

1 MGA = 0.29259694 KRW
1 KRW = 3.4177 MGA · Mid-market rate, 05:52 UTC

MGA/KRW Exchange Rate Chart

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

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MGA/KRW Rate Statistics

Metric 7 Days 30 Days 90 Days
High 0.29337 0.30217 0.33075
Low 0.28982 0.28825 0.28825
Average 0.29138 0.29375 0.30841
Change +0.46% -3.17% -10.43%

MGA/KRW Over the Past Year

MGA/KRW is at 0.2926, 5% of the way between its 52-week low of 0.28875 (26 Oct 2026) and high of 0.37127 (5 Jun 2026). It is down 7.1% since 1 January and down 8.7% on a year ago.

52-week high (5 Jun 2026)0.37127
52-week low (26 Oct 2026)0.28875
Change since 1 January-7.14%
Change over 1 year-8.67%

Based on daily closing rates over the past 12 months.

MGA to KRW Conversion Table

MGA KRW
MGA 1,000 KRW 293
MGA 5,000 KRW 1,463
MGA 10,000 KRW 2,926
MGA 25,000 KRW 7,315
MGA 50,000 KRW 14,630
MGA 100,000 KRW 29,260
MGA 500,000 KRW 146,298

KRW to MGA Conversion Table

KRW MGA
KRW 1,000 MGA 3,418
KRW 5,000 MGA 17,088
KRW 10,000 MGA 34,177
KRW 25,000 MGA 85,442
KRW 50,000 MGA 170,884
KRW 100,000 MGA 341,767
KRW 500,000 MGA 1,708,835

One Malagasy Ariary is worth 0.2926 KRW at today's mid-market rate, so 100 MGA converts to 29 KRW and 1,000 MGA converts to 293 KRW. Over the past 30 days the rate has moved between 0.28825 and 0.30217.

Over the past year MGA/KRW has ranged from 0.28875 (26 October 2026) to 0.37127 (5 June 2026). Its biggest one-day move in that time was a rise of 2.55% on 26 February 2026. For longer context, five years ago one MGA bought about 0.2965 KRW; ten years ago, about 0.36513.

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 MGA to KRW exchange rate today?
The mid-market rate is 1 MGA = 0.2926 KRW, so 100 MGA converts to 29 KRW. The rate updates every minute.
What was the highest MGA to KRW rate in the past year?
The highest daily closing rate in the past 12 months was 0.37127 on 5 June 2026. The lowest was 0.28875 on 26 October 2026.
How much has MGA/KRW changed this year?
MGA/KRW is down 7.1% since 1 January, and down 8.7% on a year ago.
What was the MGA to KRW rate five years ago?
About 0.2965 KRW per MGA. Today's rate of 0.2926 is down 1.3% on that.
Why is my bank's MGA to KRW rate different?
The rate on this page is the mid-market rate: the midpoint between what buyers and sellers of MGA and KRW 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 MGA transfer, the difference between a 3% and a 0.5% margin is 1,250 MGA. 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.

Malagasy Ariary (MGA) exchange rates

All MGA exchange rates →

South Korean Won (KRW) exchange rates

All KRW exchange rates →