Convert NIO to MGA — live rate

Convert Nicaraguan Córdobas to Malagasy Ariaries and compare the real cost of sending money.

NIO
MGA
1 NIO = 119.1000 MGA • Mid-market rate
Updated just now
Compare transfers for NIO → MGA
No signup required • FCA-regulated providers only

Historical NIO/MGA exchange rate

Loading...

Rates shown are indicative mid-market rates, updated regularly.

Quick reference: NIO to MGA

1 NIO → 119.10 MGA
5 NIO → 595.50 MGA
10 NIO → 1,191.00 MGA
50 NIO → 5,955.00 MGA
100 NIO → 11,910.00 MGA
500 NIO → 59,550.00 MGA
1,000 NIO → 119,100.00 MGA
5,000 NIO → 595,500.00 MGA

Real cost of NIO → MGA

Banks (typical) ~2% markup
Specialists 0.3–1% markup

The rate above is the mid-market rate. Banks and providers add their margin on top.

How we calculate costs

Estimated savings

On 1,000 NIO
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

See cheapest providers

Compare NIO → MGA providers

See today's best rates from FCA-regulated specialists for your transfer.

Compare providers

Currency snapshots

NIO — Nicaraguan Córdoba
ISO Code NIO
Symbol C$
Central Bank Central Bank of Nicaragua
Common Notes C$10, C$20, C$50, C$100, C$200, C$500
Learn more about NIO
MGA — Malagasy Ariary
ISO Code MGA
Central Bank Banque Centrale de Madagascar
Common Notes Ar100, Ar200, Ar500, Ar1000, Ar2000, Ar5000, Ar10000
Learn more about MGA

What affects this rate? Interest rate differentials, inflation expectations, and market risk sentiment are the primary drivers.