This research investigates the effects of varying intensities of magnetic fields generated by neodymium permanent magnets on the electrical characteristics of monocrystalline silicon solar cells. Experimental results indicate that applying magnetic intensity between 60-260mT significantly enhances cell current, voltage, and power, showing increases of 12.20%, 7.12%, and 23.60% respectively. Additionally, the fill factor of the solar cells improved by 3.69%, demonstrating the positive impact of external magnetic fields on solar cell efficiency.