Nakfa to Malagasy Ariary

278.67MGA

for 1 Nakfa

U.S. Department of the Treasury
30 June 2026
Official quarterly rate

How ERN to MGA has moved

ERN to MGA▼ 6.45%

quarterly readings — this pair has no daily source

ERN to MGA at 278.67
Amount	In MGA	Reverse
1.00 ERN	278.67 MGA	0.00 ERN
5.00 ERN	1,393 MGA	0.02 ERN
10.00 ERN	2,787 MGA	0.04 ERN
25.00 ERN	6,967 MGA	0.09 ERN
50.00 ERN	13,933 MGA	0.18 ERN
100.00 ERN	27,867 MGA	0.36 ERN
250.00 ERN	69,667 MGA	0.90 ERN
500.00 ERN	139,333 MGA	1.79 ERN
1,000 ERN	278,667 MGA	3.59 ERN
2,500 ERN	696,667 MGA	8.97 ERN
5,000 ERN	1,393,333 MGA	17.94 ERN
10,000 ERN	2,786,667 MGA	35.89 ERN

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Common questions

How much is 100 Nakfa in Malagasy Ariary?

At the reference rate of 278.67, 100 ERN is 27,867 MGA. The table above shows other amounts at the same rate.

Is this the rate I will get when I send money?

No. This is a reference rate published by a central bank or a treasury as a benchmark. Every provider adds a fee, a margin on the rate, or both. Compare the amount your recipient actually receives, not the rate on its own.

How has ERN to MGA moved?

Across the quarterly readings we hold, the rate ranged from 278.67 to 314.00. A rate that moves this much is worth checking on the day you send.

What is MGA?

Malagasy Ariary is the currency with ISO code MGA. Nakfa carries the code ERN. Both codes come from the ISO 4217 register.

Where this rate comes from

ERN — official quarterly rate published by U.S. Department of the Treasury, 2026-06-30

Rates between two currencies are derived from their rates against the US dollar, which is how a cross rate is calculated. These are reference rates published for information: central banks state plainly that they are not intended for transactions. The rate any provider gives you, including us, includes their fee and their margin — compare the amount that actually arrives, not the rate on its own. Corrections: [email protected].

Who we are

PayerPay is operated by PAYER PAY INTERNATIONAL INC (Company ID BC1526086), registered with the Financial Transactions and Reports Analysis Centre of Canada under MSB registration C100001025 and with the Bank of Canada under the Retail Payment Activities Act. Payment details are issued through licensed banking partners.