Malagasy Ariary to Norwegian Krone — MGA to NOK

1 MGA = 0.00202593 NOK
1 NOK = 493.60 MGA · Mid-market rate, 06:14 UTC

MGA/NOK Exchange Rate Chart

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

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MGA/NOK Rate Statistics

Metric 7 Days 30 Days 90 Days
High 0.0020287 0.0021582 0.002212
Low 0.0019996 0.0019996 0.0019996
Average 0.0020121 0.0020677 0.0021315
Change +0.40% -6.04% -8.18%

MGA/NOK Over the Past Year

MGA/NOK is at 0.0020259, 7% of the way between its 52-week low of 0.002003 (30 Oct 2026) and high of 0.0023491 (15 Mar 2026). It is down 8.1% since 1 January and down 10.7% on a year ago.

52-week high (15 Mar 2026)0.0023491
52-week low (30 Oct 2026)0.002003
Change since 1 January-8.07%
Change over 1 year-10.72%

Based on daily closing rates over the past 12 months.

MGA to NOK Conversion Table

MGA NOK
MGA 1,000 NOK 2.03
MGA 5,000 NOK 10.13
MGA 10,000 NOK 20.26
MGA 25,000 NOK 50.65
MGA 50,000 NOK 101.30
MGA 100,000 NOK 202.59
MGA 500,000 NOK 1,012.97

NOK to MGA Conversion Table

NOK MGA
NOK 10 MGA 4,936
NOK 50 MGA 24,680
NOK 100 MGA 49,360
NOK 250 MGA 123,400
NOK 500 MGA 246,800
NOK 1,000 MGA 493,600
NOK 5,000 MGA 2,467,999

One Malagasy Ariary is worth 0.0020259 NOK at today's mid-market rate, so 100 MGA converts to 0.20 NOK and 1,000 MGA converts to 2.03 NOK. Over the past 30 days the rate has moved between 0.0019996 and 0.0021582.

Over the past year MGA/NOK has ranged from 0.002003 (30 October 2026) to 0.0023491 (15 March 2026). Its biggest one-day move in that time was a rise of 2.34% on 3 March 2026. For longer context, five years ago one MGA bought about 0.002202 NOK; ten years ago, about 0.0026356.

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 NOK exchange rate today?
The mid-market rate is 1 MGA = 0.0020259 NOK, so 100 MGA converts to 0.20 NOK. The rate updates every minute.
What was the highest MGA to NOK rate in the past year?
The highest daily closing rate in the past 12 months was 0.0023491 on 15 March 2026. The lowest was 0.002003 on 30 October 2026.
How much has MGA/NOK changed this year?
MGA/NOK is down 8.1% since 1 January, and down 10.7% on a year ago.
What was the MGA to NOK rate five years ago?
About 0.002202 NOK per MGA. Today's rate of 0.0020259 is down 8.0% on that.
Why is my bank's MGA to NOK rate different?
The rate on this page is the mid-market rate: the midpoint between what buyers and sellers of MGA and NOK 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 →

Norwegian Krone (NOK) exchange rates

All NOK exchange rates →