Malagasy Ariary to Iceland Krona

0.028921ISK

for 1 Malagasy Ariary

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

How MGA to ISK has moved

MGA to ISK▼ 1.23%

quarterly readings — this pair has no daily source

MGA to ISK at 0.028921
Amount	In ISK	Reverse
1.00 MGA	0.03 ISK	34.58 MGA
5.00 MGA	0.14 ISK	172.89 MGA
10.00 MGA	0.29 ISK	345.77 MGA
25.00 MGA	0.72 ISK	864.43 MGA
50.00 MGA	1.45 ISK	1,729 MGA
100.00 MGA	2.89 ISK	3,458 MGA
250.00 MGA	7.23 ISK	8,644 MGA
500.00 MGA	14.46 ISK	17,289 MGA
1,000 MGA	28.92 ISK	34,577 MGA
2,500 MGA	72.30 ISK	86,443 MGA
5,000 MGA	144.60 ISK	172,886 MGA
10,000 MGA	289.21 ISK	345,773 MGA

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Common questions

How much is 100 Malagasy Ariary in Iceland Krona?

At the reference rate of 0.028921, 100 MGA is 2.89 ISK. 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 MGA to ISK moved?

Across the quarterly readings we hold, the rate ranged from 0.027078 to 0.031995. A rate that moves this much is worth checking on the day you send.

What is ISK?

Iceland Krona is the currency with ISO code ISK. Malagasy Ariary carries the code MGA. Both codes come from the ISO 4217 register.

Where this rate comes from

MGA — official quarterly rate published by U.S. Department of the Treasury, 2026-06-30
ISK — daily reference rate published by European Central Bank, 2026-09-08

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.