What is the current MGA to NPR exchange rate?

The current mid-market exchange rate is 1 MGA = 0.0355 NPR. 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 MGA to NPR 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 MGA to NPR?

Exchange rates fluctuate constantly based on economic factors. Use our historical chart to see how the MGA/NPR 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 MGA to NPR — live rate

Convert Malagasy Ariaries to Nepalese Rupees and compare the real cost of sending money.

You send

MGA

They receive

NPR

1 MGA = 0.0355 NPR • Mid-market rate

Updated just now

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Historical MGA/NPR exchange rate

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

Quick reference: MGA to NPR

1 MGA → 0.04 NPR

5 MGA → 0.18 NPR

10 MGA → 0.35 NPR

50 MGA → 1.77 NPR

100 MGA → 3.55 NPR

500 MGA → 17.75 NPR

1,000 MGA → 35.50 NPR

5,000 MGA → 177.48 NPR

Currency snapshots

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

NPR — Nepalese Rupee

ISO Code NPR

Symbol ₨

Central Bank Nepal Rastra bank

Common Notes ₨5, ₨10, ₨25, ₨50, ₨100, ₨500, ₨1000

Learn more about NPR

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

Convert MGA to NPR — live rate

Historical MGA/NPR exchange rate

Quick reference: MGA to NPR

Real cost of MGA → NPR

Estimated savings

Compare MGA → NPR providers

Currency snapshots