Understanding the Table:
The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Indian rupee (INR) to Malagasy ariary (MGA) market data - latest interbank exchange rate, trend, chart & historic rates.
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Indian rupee against the Malagasy ariary is to review how the INR/MGA rate has changed over time.
The table below shows the percentage change in the INR to MGA exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
| Date | INR/MGA | Period |
|---|---|---|
06 Dec 2025 | 49.58 | 2 Week |
21 Sep 2025 | 50.25 | 3 Month |
20 Dec 2024 | 55.53 | 1 Year |
21 Dec 2020 | 50.58 | 5 Year |
23 Dec 2015 | 48.46 | 10 Year |
Recent forecasts and updates indicate a complex outlook for the INR to USD exchange rate amidst significant economic developments in both the U.S.
The recent forecasts for the INR to EUR exchange rate reflect a complex interplay between factors affecting both currencies.
The INR to JPY exchange rate is currently experiencing notable fluctuations, driven by distinct economic challenges within both India and Japan.
To help you understand the real-world value of the current exchange rate, the table below shows how much Indian rupee are worth in Malagasy ariary across a range of amounts.
This gives a quick view of what you’d get when converting different INR amounts at today’s rate * :
*Converted at the current INR-MGA interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
View a full list of exchange rates by selecting your Base (from) currency:
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