Convert NOK to MGA — live rate

Convert Norwegian Krones to Malagasy Ariaries and compare the real cost of sending money.

NOK
MGA
1 NOK = 431.8260 MGA • Mid-market rate
Updated just now
Compare transfers for NOK → MGA
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Historical NOK/MGA exchange rate

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

Quick reference: NOK to MGA

1 NOK → 431.83 MGA
5 NOK → 2,159.13 MGA
10 NOK → 4,318.26 MGA
50 NOK → 21,591.30 MGA
100 NOK → 43,182.60 MGA
500 NOK → 215,913.00 MGA
1,000 NOK → 431,826.00 MGA
5,000 NOK → 2,159,130.00 MGA

Real cost of NOK → MGA

Banks (typical) ~2% markup
Specialists 0.3–1% markup

The rate above is the mid-market rate. Banks and providers add their margin on top.

How we calculate costs

Estimated savings

On 1,000 NOK
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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Currency snapshots

NOK — Norwegian Krone
ISO Code NOK
Symbol kr
Central Bank Norges Bank
Common Notes kr50, kr100, kr200, kr500, kr1000
Learn more about NOK
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.