Malagasy Ariary to Mexican Peso — MGA to MXN

1 MGA = 0.00404246 MXN
1 MXN = 247.37 MGA · Mid-market rate, 04:51 UTC

MGA/MXN Exchange Rate Chart

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

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MGA/MXN Rate Statistics

Metric 7 Days 30 Days 90 Days
High 0.004117 0.0041362 0.0041584
Low 0.0040348 0.0039896 0.0038951
Average 0.0040801 0.0040746 0.0039992
Change -0.62% -0.58% +1.74%

MGA/MXN Over the Past Year

MGA/MXN is at 0.0040425, 43% of the way between its 52-week low of 0.0038147 (28 Jan 2026) and high of 0.0043434 (29 Mar 2026). It is up 2.8% since 1 January and down 2.2% on a year ago.

52-week high (29 Mar 2026)0.0043434
52-week low (28 Jan 2026)0.0038147
Change since 1 January+2.81%
Change over 1 year-2.17%

Based on daily closing rates over the past 12 months.

MGA to MXN Conversion Table

MGA MXN
MGA 1,000 MXN 4.04
MGA 5,000 MXN 20.21
MGA 10,000 MXN 40.42
MGA 25,000 MXN 101.06
MGA 50,000 MXN 202.12
MGA 100,000 MXN 404.25
MGA 500,000 MXN 2,021.23

MXN to MGA Conversion Table

MXN MGA
MXN 10 MGA 2,474
MXN 50 MGA 12,369
MXN 100 MGA 24,737
MXN 250 MGA 61,844
MXN 500 MGA 123,687
MXN 1,000 MGA 247,374
MXN 5,000 MGA 1,236,870

One Malagasy Ariary is worth 0.0040425 MXN at today's mid-market rate, so 100 MGA converts to 0.40 MXN and 1,000 MGA converts to 4.04 MXN. Over the past 30 days the rate has moved between 0.0039896 and 0.0041362.

Over the past year MGA/MXN has ranged from 0.0038147 (28 January 2026) to 0.0043434 (29 March 2026). Its biggest one-day move in that time was a rise of 3.61% on 3 March 2026. For longer context, five years ago one MGA bought about 0.0052051 MXN; ten years ago, about 0.0062911.

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 MXN exchange rate today?
The mid-market rate is 1 MGA = 0.0040425 MXN, so 100 MGA converts to 0.40 MXN. The rate updates every minute.
What was the highest MGA to MXN rate in the past year?
The highest daily closing rate in the past 12 months was 0.0043434 on 29 March 2026. The lowest was 0.0038147 on 28 January 2026.
How much has MGA/MXN changed this year?
MGA/MXN is up 2.8% since 1 January, and down 2.2% on a year ago.
What was the MGA to MXN rate five years ago?
About 0.0052051 MXN per MGA. Today's rate of 0.0040425 is down 22.3% on that.
Why is my bank's MGA to MXN rate different?
The rate on this page is the mid-market rate: the midpoint between what buyers and sellers of MGA and MXN 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 →

Mexican Peso (MXN) exchange rates

All MXN exchange rates →