Convert NPR to MGA — live rate

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

NPR
MGA
1 NPR = 28.0579 MGA • Mid-market rate
Updated just now
Compare transfers for NPR → MGA
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Historical NPR/MGA exchange rate

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

Quick reference: NPR to MGA

1 NPR → 28.06 MGA
5 NPR → 140.29 MGA
10 NPR → 280.58 MGA
50 NPR → 1,402.90 MGA
100 NPR → 2,805.79 MGA
500 NPR → 14,028.95 MGA
1,000 NPR → 28,057.90 MGA
5,000 NPR → 140,289.50 MGA

Real cost of NPR → 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 NPR
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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Currency snapshots

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
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.