On 2026-10-23, 1 Indian Rupee (INR) = 239.14 Malagasy Franc (MGF) at the mid-market rate. Conversely, 1 MGF = 0.004182 INR. Over the last 30 days the INR/MGF rate moved between 228.40 and 240.89, a change of +4.31%.
This page shows the live mid-market rate from Indian Rupee (INR) to Malagasy Franc (MGF), its history over the past year and ready-made conversion tables. Rates are updated twice a day; banks and card networks usually add a margin on top.
Over the last 30 days the INR/MGF rate rose sharply (+4.31%): the INR strengthened markedly against the MGF. Over the past 12 months it ranged from 216.59 (2026-05-20) to 257.42 (2026-01-09), with an average of 234.86. Today's rate is 1.82% above its one-year average: 1 INR buys more MGF than usual. Day-to-day movements are moderate (average daily change of 0.56%). The largest daily move of the last 30 days was +1.82% on 2026-10-13.
| Period | Date | 1 INR = | Change |
|---|---|---|---|
| 1 week ago | 2026-10-16 | 237.89 MGF | +0.52% |
| 1 month ago | 2026-09-23 | 229.26 MGF | +4.31% |
| 3 months ago | 2026-07-18 | 220.06 MGF | +8.67% |
| 1 year ago | 2025-10-23 | 255.11 MGF | -6.26% |
| Date | Indian Rupee | Malagasy Franc |
|---|---|---|
| Friday, 10/23/2026 | 1 INR = | 239.14 MGF |
| Thursday, 10/22/2026 | 1 INR = | 239.36 MGF |
| Wednesday, 10/21/2026 | 1 INR = | 240.89 MGF |
| Tuesday, 10/20/2026 | 1 INR = | 239.79 MGF |
| Monday, 10/19/2026 | 1 INR = | 237.96 MGF |
| Sunday, 10/18/2026 | 1 INR = | 239.51 MGF |
| Saturday, 10/17/2026 | 1 INR = | 236.78 MGF |
| Friday, 10/16/2026 | 1 INR = | 237.89 MGF |
| Thursday, 10/15/2026 | 1 INR = | 237.81 MGF |
| Wednesday, 10/14/2026 | 1 INR = | 239.53 MGF |
| INR | MGF | INR | MGF |
|---|---|---|---|
| 5 INR = | 1195.6991 MGF | 0.0209 INR = | 5 MGF |
| 10 INR = | 2391.3982 MGF | 0.0418 INR = | 10 MGF |
| 20 INR = | 4782.7965 MGF | 0.0836 INR = | 20 MGF |
| 50 INR = | 11956.9912 MGF | 0.2091 INR = | 50 MGF |
| 100 INR = | 23913.9823 MGF | 0.4182 INR = | 100 MGF |
| 300 INR = | 71741.9470 MGF | 1.2545 INR = | 300 MGF |
| 500 INR = | 119569.9116 MGF | 2.0908 INR = | 500 MGF |
| 1000 INR = | 239139.8233 MGF | 4.1817 INR = | 1000 MGF |
1 Indian Rupee is worth 239.14 Malagasy Franc at the mid-market rate of 2026-10-23. 1 Malagasy Franc is worth 0.004182 Indian Rupee.
100 INR = 23,913.98 MGF, and 100 MGF = 0.4182 INR (rate of 2026-10-23).
Over 30 days the rate went from 229.26 to 239.14 (+4.31%). The 30-day high was 240.89 and the low was 228.40.
One week ago 1 INR was worth 237.89 MGF; today it is worth 239.14 MGF (+0.52%).
The highest rate of the past 12 months was 1 INR = 257.42 MGF on 2026-01-09; the lowest was 216.59 MGF on 2026-05-20.
XeConvert publishes daily mid-market reference rates aggregated from public market data and central bank sources. Banks, card issuers and exchange offices add a margin, so the rate you actually get may be slightly different.
The Indian Rupee is the official currency of India. Symbol: ₹. ISO 4217 code: INR.
All Indian Rupee (INR) exchange rates →