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1 MGA to XEMMalagasy Ariary → NEM

1 MGAMalagasy Ariary
0.6819 XEMNEM
1 MGA = 0.6819 XEM 1 XEM = 1.4665 MGA Last update: ⇄ XEM → MGA
MGA

On 2026-10-31, 1 Malagasy Ariary (MGA) = 0.6819 NEM (XEM) at the mid-market rate. Conversely, 1 XEM = 1.4665 MGA. Over the last 30 days the MGA/XEM rate moved between 0.3597 and 0.7391, a change of +73.92%.

This page shows the live mid-market rate from Malagasy Ariary (MGA) to NEM (XEM), 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.

MGA/XEM exchange rate chart

Change+69.11 %
High0.7391
Low0.3597
MGA/XEM exchange rate chart 0.32930.4760.62270.76952 Oct17 Oct31 Oct

MGA/XEM went from 0.4032 on Oct 2, 2026 to 0.6819 on Oct 31, 2026 (+69.11 %). Highest: 0.7391 (Oct 26, 2026); lowest: 0.3597 (Oct 6, 2026).

MGA/XEM exchange rate analysis

Over the last 30 days the MGA/XEM rate rose sharply (+73.92%): the MGA strengthened markedly against the XEM. Over the past 12 months it ranged from 0.1509 (2025-12-13) to 0.7391 (2026-10-26), with an average of 0.3566. Today's rate is 91.23% above its one-year average: 1 MGA buys more XEM than usual. Day-to-day movements are large (average daily change of 5.59%), so the amount received can vary noticeably from one day to the next. The largest daily move of the last 30 days was +21.15% on 2026-10-17.

PeriodDate1 MGA =Change
1 week ago0.6729 XEM+1.34%
1 month ago0.3921 XEM+73.92%
3 months ago0.5042 XEM+35.25%
6 months ago0.3249 XEM+109.89%
1 year ago0.1653 XEM+312.44%
Computed from XeConvert's daily mid-market rate history. Past movements do not predict future rates.

MGA/XEM · last 10 days

Date1 MGA =1 XEM =
0.6819 XEM1.4665 MGA
0.6859 XEM1.4578 MGA
0.6844 XEM1.4610 MGA
0.6637 XEM1.5066 MGA
0.7089 XEM1.4106 MGA
0.7391 XEM1.3530 MGA
0.7071 XEM1.4142 MGA
0.6729 XEM1.4861 MGA
0.7095 XEM1.4095 MGA
0.6517 XEM1.5345 MGA

Malagasy Ariary to NEM

MGAXEM
1 MGA0.6819 XEM
5 MGA3.4094 XEM
10 MGA6.8189 XEM
20 MGA13.6378 XEM
50 MGA34.0944 XEM
100 MGA68.1888 XEM
300 MGA204.57 XEM
500 MGA340.94 XEM
1,000 MGA681.89 XEM

NEM to Malagasy Ariary

XEMMGA
1 XEM1.4665 MGA
5 XEM7.3326 MGA
10 XEM14.6652 MGA
20 XEM29.3303 MGA
50 XEM73.3258 MGA
100 XEM146.65 MGA
300 XEM439.95 MGA
500 XEM733.26 MGA
1,000 XEM1,466.52 MGA

Frequently asked questions

How much is 1 MGA in XEM today?

1 Malagasy Ariary is worth 0.6819 NEM at the mid-market rate of 2026-10-31. 1 NEM is worth 1.4665 Malagasy Ariary.

How much is 100 MGA in XEM?

100 MGA = 68.1888 XEM, and 100 XEM = 146.65 MGA (rate of 2026-10-31).

How has the MGA to XEM rate changed over the last month?

Over 30 days the rate went from 0.3921 to 0.6819 (+73.92%). The 30-day high was 0.7391 and the low was 0.3597.

How has the MGA to XEM rate changed this week?

One week ago 1 MGA was worth 0.6729 XEM; today it is worth 0.6819 XEM (+1.34%).

What was the best MGA to XEM rate in the past year?

The highest rate of the past 12 months was 1 MGA = 0.7391 XEM on 2026-10-26; the lowest was 0.1509 XEM on 2025-12-13.

Where does this exchange rate come from?

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.

Malagasy Ariary to other currencies

EuroMGA → EUR US DollarMGA → USD Pound SterlingMGA → GBP Canadian DollarMGA → CAD Mauritian RupeeMGA → MUR Indian RupeeMGA → INR South African RandMGA → ZAR Australian DollarMGA → AUD Swiss FrancMGA → CHF Japanese YenMGA → JPY Chinese YuanMGA → CNY Swedish KronaMGA → SEK

About the Malagasy Ariary (MGA)

The Malagasy Ariary is the official currency of Madagascar. Symbol: MGA. ISO 4217 code: MGA.

All Malagasy Ariary (MGA) exchange rates →

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