Malagasy Ariary to Icelandic Króna exchange rate today

The Malagasy Ariary to Icelandic Króna exchange rate shows how much one Malagasy Ariary is worth in Icelandic Króna. Use the currency converter below and explore the historical charts to see how the rate has changed over time.

Current rate: 1 MGA = ISK

Update
Malagasy Ariary 1 MGA = Icelandic Króna 0.02702429 ISK
+0.53% · Past 24 hours
24-hour range · Near high
Lowest kr0.02688142 Current kr0.02702429 Highest kr0.02702649
Source: Exchange Rates mid-market
Currency converter

Malagasy Ariary to Icelandic Króna exchange rate chart

Track exchange rate trends for MGA to ISK over 24 hours, 7 days, 1 month, 6 months, 1 year, 2 years, and 5 years.

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Practical rate background

MGA/ISK exchange rate overview

Current value, recent trends, 12-month range, and monthly changes. Exchange rates are calculated by converting from 1 MGA into ISK.

366 daily data points 25 hourly data points
Current exchange rate
0.02702429 ISK
2026-11-07
Past 24 hours
+0.000142 ISK
+0.53%
Past 7 days
+0.000087 ISK
+0.32%
Past 30 days
-0.000636 ISK
-2.30%
Past 1 year
-0.001149 ISK
-4.08%
Position in 12-month range today
14/100
Low range
Lowest
0.02647008
Today
0.02702429
Highest
0.03041987
12 month change
Monthly exchange rate changes over the last 12 months.
Change %
-4.03%
December
-0.44%
January
+5.34%
February
+3.54%
March
-1.24%
April
-0.72%
May
+1.29%
June
-2.40%
July
-2.91%
August
-2.05%
September
-1.99%
October
+0.21%
November
Long-term exchange rate view

MGA/ISK 5-year exchange rate history

Annual averages, ranges, and trends over the last 5 years. Displayed rates are converted from 1 MGA into ISK.

1826 daily observations
Strongest year
2022 · 0.032752 ISK
Average rate
Current range status
2026 · Volatility Year
YTD
Last updated
Updated hourly
Exchange rate charts by year Each row displays the average, lowest, highest, and annual change.
2022
Average rate 0.032752 ISK
Position: 100/100
Annual range
0.03109718 – 0.03475476 ISK
MGA weakens against USD -3.48%
2023
Average rate 0.0309945 ISK
Position: 67/100
Annual range
0.02884405 – 0.03379615 ISK
Volatility Year -6.89%
2024
Average rate 0.03042997 ISK
Position: 56/100
Annual range
0.02925013 – 0.03253837 ISK
MGA strengthens against USD +0.07%
2025
Average rate 0.02828328 ISK
Position: 15/100
Annual range
0.02681949 – 0.03022742 ISK
Volatility Year -7.13%
2026 Year to Date
Average rate 0.02749347 ISK
Position: 3/100
Annual range
0.02647008 – 0.03041987 ISK
Volatility Year -0.93%

This module summarizes historical performance and does not predict future exchange rates.