What is the current JPY to MGA exchange rate?

The current mid-market exchange rate is 1 JPY = 27.9066 MGA. This rate is updated in real-time. Banks typically add a 2-3% markup, while specialist providers offer rates closer to the mid-market rate.

How can I get the best JPY to MGA rate?

To get the best rate, compare FCA-regulated money transfer specialists instead of using your bank. Specialist providers typically charge 0.3-1% vs banks' 2-3% markup. For larger amounts (£1,000+), the savings can be significant.

Is it a good time to convert JPY to MGA?

Exchange rates fluctuate constantly based on economic factors. Use our historical chart to see how the JPY/MGA rate has moved over time. For large transfers, consider setting up rate alerts or using a forward contract to lock in today's rate.

Convert JPY to MGA — live rate

Convert Japanese Yens to Malagasy Ariaries and compare the real cost of sending money.

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JPY

They receive

MGA

1 JPY = 27.9066 MGA • Mid-market rate

Updated just now

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Historical JPY/MGA exchange rate

Rates shown are indicative mid-market rates, updated regularly.

Quick reference: JPY to MGA

1 JPY → 27.91 MGA

5 JPY → 139.53 MGA

10 JPY → 279.07 MGA

50 JPY → 1,395.33 MGA

100 JPY → 2,790.66 MGA

500 JPY → 13,953.30 MGA

1,000 JPY → 27,906.60 MGA

5,000 JPY → 139,533.00 MGA

Currency snapshots

JPY — Japanese Yen

ISO Code JPY

Symbol ¥

Central Bank Bank of Japan

Common Notes ¥1000, ¥5000, ¥10000

Learn more about JPY

MGA — Malagasy Ariary

ISO Code MGA

Central Bank Banque Centrale de Madagascar

Common Notes Ar100, Ar200, Ar500, Ar1000, Ar2000, Ar5000, Ar10000

Learn more about MGA

What affects this rate? Interest rate differentials, inflation expectations, and market risk sentiment are the primary drivers.

Convert JPY to MGA — live rate

Historical JPY/MGA exchange rate

Quick reference: JPY to MGA

Real cost of JPY → MGA

Estimated savings

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Currency snapshots