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’.
JPY to MGA Market Data
Japanese yen (JPY) to Malagasy ariary (MGA) market data - latest interbank exchange rate, trend, chart & historic rates.
Sell JPY →
Buy MGA
1 JPY = 30.48 MGA
▼-0.9% since yesterday
JPY to MGA at 30.46 is 2.3% below its 3-month average of 31.18, having traded in a relatively stable 7.2% range from 30.16 to 32.34
Is the JPY to MGA Exchange Rate Likely to Improve?
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 Japanese yen against the Malagasy ariary is to review how the JPY/MGA rate has changed over time.
The table below shows the percentage change in the JPY to MGA exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
JPY/MGA
Period
14 Jun 2025
31.09
2 Week
30 Mar 2025
31.01
3 Month
28 Jun 2024
27.83
1 Year
29 Jun 2020
35.90
5 Year
01 Jul 2015
26.35
10 Year
JPY/MGA historic rates
JPY to MGA Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Japanese yen are worth in Malagasy ariary across a range of amounts.
This gives a quick view of what you’d get when converting different JPY amounts at today’s rate * :
What is the
best Send Money conversion rate for JPY to MGA?
The best JPY to MGA exchange rate is 30.26 from Wise. This is -0.72% compared to the mid-market rate 30.48.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Japanese yen (JPY) to Malagasy ariary (MGA) rates from different sources before making a conversion.
The above
Yen to Ariary comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest JPY-MGA mid-rate and the possible savings of using various providers.
How do JPY-MGA rates compare between providers?
Looking at the full
JPY to MGA - Send Money comparison table the provider with the best JPY to MGA exchange rate is Wise at 30.26, -0.72% from the latest mid-market rate 30.48.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.