MMomoCalc

🇯🇵 JPY to 🇲🇬 MGAJapanese Yen (yen) to Malagasy Ariary (Ar) Rate Today

Live indicative interbank rate. Last refreshed 25 Jun 2026 01:19:37 UTC.

Convert Japanese Yen to Malagasy Ariary using the live indicative interbank rate and the converter below. Covers the cost of sending to Madagascar via the major mobile money apps.

LiveUpdated 2026-06-25 · Computed via USD cross
1 JPY = 26 MGA

Currency converter

You convert
🇯🇵JPY
Receives
🇲🇬262,798MGA
1 JPY = 26 MGA · Updated 2026-06-25 01:19

JPY → MGA conversion table

JPYMGA
50013,140
1,00026,280
2,00052,560
5,000131,399
10,000262,798
25,000656,994
50,0001,313,988
100,0002,627,977
250,0006,569,942
500,00013,139,884
1,000,00026,279,769

Table computed at the indicative rate of 1 JPY = 26 MGA. Real operator-side values include a 1%-4% spread.

Japanese Yen to Malagasy Ariary exchange rate history

Building rate history — check back soon.

About the Japanese Yen

The Japanese Yen (JPY, ¥) is issued by the Bank of Japan and, unlike most currencies, has no minor unit in everyday use — amounts are quoted in whole yen, so a price is written as ¥10,000 with no decimal places. The yen is one of the world's most-traded currencies and a traditional safe-haven, which makes it relatively liquid against African currencies even though direct JPY/Africa interbank markets are thin and most rates are derived through the US dollar. For African importers the yen matters most in two arenas: capital goods and machinery (Japan is a major supplier of vehicles, plant and electronics across the continent), and the used-vehicle trade, where Japan is the dominant export source for right-hand-drive markets in Kenya, Tanzania, Uganda, Zambia and beyond. Because the per-unit yen value is small against currencies like the naira or shilling, buyers usually convert in tens of thousands of yen.

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FAQ

What is the JPY/MGA exchange rate today?
The indicative rate is 1 JPY = 26 MGA, updated 2026-06-25. This is an interbank mid-market reference; mobile money operators apply their own spread on top.
How much is 100 JPY in MGA?
100 JPY ≈ 2,628 MGA at the indicative rate. For 500 JPY: 13,140 MGA. Use the converter above to try other amounts.
What's the best way to send Japanese Yen to Madagascar?
For JPY to Madagascar transfers, compare Sendwave, LemFi, WorldRemit, TapTap Send, Wise and traditional bank rails. The fee structure varies by amount and receiving method.
Is the Malagasy Ariary a stable currency?
The Malagasy Ariary is issued by its national central bank and its exchange-rate regime varies. See the dedicated section above for context.
Why is the rate I see on my mobile money operator different?
The rate shown here is an indicative interbank mid-market reference. Operators (Sendwave, M-Pesa, MTN MoMo, LemFi, etc.) add a 1%-4% spread on top of this mid-market to cover their risk and operational cost. This is normal and consistent with market practice.

Rates shown on this page are indicative interbank reference rates updated daily. Operator send rates typically include a 1%-4% spread above this reference, which covers FX hedging cost, settlement risk and commercial margin. For exact send rates via M-Pesa, MTN MoMo, Sendwave, LemFi, WorldRemit, Wise or TapTap Send to Madagascar, see the inbound transfer comparison.