Norwegian Krone to Malagasy Ariary — NOK to MGA

1 NOK = 493.70870871 MGA
1 MGA = 0.0020255 NOK · Mid-market rate, 06:09 UTC

NOK/MGA Exchange Rate Chart

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

Loading chart data…

NOK/MGA Rate Statistics

Metric 7 Days 30 Days 90 Days
High 500.09 500.09 500.09
Low 492.92 463.34 452.08
Average 497.01 483.86 469.47
Change -0.34% +6.45% +8.93%

NOK/MGA Over the Past Year

NOK/MGA is at 493.71, 92% of the way between its 52-week low of 425.70 (15 Mar 2026) and high of 499.25 (30 Oct 2026). It is up 8.8% since 1 January and up 12.0% on a year ago.

52-week high (30 Oct 2026)499.25
52-week low (15 Mar 2026)425.70
Change since 1 January+8.80%
Change over 1 year+12.03%

Based on daily closing rates over the past 12 months.

NOK to MGA Conversion Table

NOK MGA
NOK 10 MGA 4,937
NOK 50 MGA 24,685
NOK 100 MGA 49,371
NOK 250 MGA 123,427
NOK 500 MGA 246,854
NOK 1,000 MGA 493,709
NOK 5,000 MGA 2,468,544

MGA to NOK Conversion Table

MGA NOK
MGA 1,000 NOK 2.03
MGA 5,000 NOK 10.13
MGA 10,000 NOK 20.25
MGA 25,000 NOK 50.64
MGA 50,000 NOK 101.27
MGA 100,000 NOK 202.55
MGA 500,000 NOK 1,012.74

One Norwegian Krone is worth 493.71 MGA at today's mid-market rate, so 100 NOK converts to 49,371 MGA and 1,000 NOK converts to 493,709 MGA. Over the past 30 days the rate has moved between 463.34 and 500.09.

Over the past year NOK/MGA has ranged from 425.70 (15 March 2026) to 499.25 (30 October 2026). Its biggest one-day move in that time was a fall of 2.28% on 3 March 2026. For longer context, five years ago one NOK bought about 454.13 MGA; ten years ago, about 379.41.

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 NOK to MGA exchange rate today?
The mid-market rate is 1 NOK = 493.71 MGA, so 100 NOK converts to 49,371 MGA. The rate updates every minute.
What was the highest NOK to MGA rate in the past year?
The highest daily closing rate in the past 12 months was 499.25 on 30 October 2026. The lowest was 425.70 on 15 March 2026.
How much has NOK/MGA changed this year?
NOK/MGA is up 8.8% since 1 January, and up 12.0% on a year ago.
What was the NOK to MGA rate five years ago?
About 454.13 MGA per NOK. Today's rate of 493.71 is up 8.7% on that.
Why is my bank's NOK to MGA rate different?
The rate on this page is the mid-market rate: the midpoint between what buyers and sellers of NOK 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 NOK transfer, the difference between a 3% and a 0.5% margin is 1,250 NOK. 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.

Norwegian Krone (NOK) exchange rates

All NOK exchange rates →

Malagasy Ariary (MGA) exchange rates

All MGA exchange rates →