Mexican Peso to Malagasy Ariary — MXN to MGA

1 MXN = 247.39135573 MGA
1 MGA = 0.0040422 MXN · Mid-market rate, 04:50 UTC

MXN/MGA Exchange Rate Chart

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

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MXN/MGA Rate Statistics

Metric 7 Days 30 Days 90 Days
High 247.84 250.65 256.73
Low 242.90 241.77 240.48
Average 245.10 245.43 250.14
Change +0.63% +0.59% -1.71%

MXN/MGA Over the Past Year

MXN/MGA is at 247.39, 54% of the way between its 52-week low of 230.23 (29 Mar 2026) and high of 262.14 (28 Jan 2026). It is down 2.7% since 1 January and up 2.2% on a year ago.

52-week high (28 Jan 2026)262.14
52-week low (29 Mar 2026)230.23
Change since 1 January-2.72%
Change over 1 year+2.22%

Based on daily closing rates over the past 12 months.

MXN to MGA Conversion Table

MXN MGA
MXN 10 MGA 2,474
MXN 50 MGA 12,370
MXN 100 MGA 24,739
MXN 250 MGA 61,848
MXN 500 MGA 123,696
MXN 1,000 MGA 247,391
MXN 5,000 MGA 1,236,957

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 101.05
MGA 50,000 MXN 202.11
MGA 100,000 MXN 404.22
MGA 500,000 MXN 2,021.09

One Mexican Peso is worth 247.39 MGA at today's mid-market rate, so 100 MXN converts to 24,739 MGA and 1,000 MXN converts to 247,391 MGA. Over the past 30 days the rate has moved between 241.77 and 250.65.

Over the past year MXN/MGA has ranged from 230.23 (29 March 2026) to 262.14 (28 January 2026). Its biggest one-day move in that time was a fall of 3.48% on 3 March 2026. For longer context, five years ago one MXN bought about 192.12 MGA; ten years ago, about 158.96.

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 MXN to MGA exchange rate today?
The mid-market rate is 1 MXN = 247.39 MGA, so 100 MXN converts to 24,739 MGA. The rate updates every minute.
What was the highest MXN to MGA rate in the past year?
The highest daily closing rate in the past 12 months was 262.14 on 28 January 2026. The lowest was 230.23 on 29 March 2026.
How much has MXN/MGA changed this year?
MXN/MGA is down 2.7% since 1 January, and up 2.2% on a year ago.
What was the MXN to MGA rate five years ago?
About 192.12 MGA per MXN. Today's rate of 247.39 is up 28.8% on that.
Why is my bank's MXN to MGA rate different?
The rate on this page is the mid-market rate: the midpoint between what buyers and sellers of MXN 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 MXN transfer, the difference between a 3% and a 0.5% margin is 1,250 MXN. 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.

Mexican Peso (MXN) exchange rates

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Malagasy Ariary (MGA) exchange rates

All MGA exchange rates →