For Mapudungun arn→es translation, morphology-aware tokenization can substitute for a 5× increase in model parameters. We fine-tune three sizes of Meta’s NLLB-200 on Mapudungun–Spanish translation across eight tokenization strategies, including our novel Morfessor-VC method, whichconstrains Morfessor morpheme segmentation to tokens already present in NLLB’s pretrainedvocabulary. Our 600M Morfessor-VC model is competitive with our own fine-tuned 3.3B Standard BPE model on arn→es (43.2 vs. 42.9 chrF++, ∆ = +0.3, p = 0.039, 95% CI [0.02, 0.60]) while using five times fewer parameters, and all fine-tuned conditions surpass frontier LLMs by over 27 chrF++. Mapudungun is an indigenous polysynthetic language spoken by 200,000+ Mapuche people in Chile and Argentina, absent from NLLB-200 and not supported by major commercial MT providers; prior work predates large-scale multilingual models and does not address the tokenization challenges posed by its agglutinativemorphology. These results establish new state-of-the-art baselines for Mapudungun MT and provide a practical foundation for community language tools in pedagogy, social media, and language revitalization.