INFORMATION ABOUT MALAGASY ARIARY
We show the updated today’s value/price of Malagasy ariary (MGA).You can get the exchange from Malagasy ariary to another currency by introducing the value or amount of Malagasy ariary (MGA) in the box and clicking the convert button. This way you can get the Malagasy ariary’s price in relation to other currencies.
INTRODUCTION TO THE MALAGASY ARIARY
The Malagasy ariary replaced the Malagasy franc (MGF) in 2005 and it is the official currency of Madagascar. It is used by approximately 23 million one hundred and fifty thousand people. You can check the today value of the Malagasy ariary and check its price.
The ariary is the only currency in circulation along with the Mauritanian ouguiya that has a fractional currency not based on a multiple of ten.
The Central Bank of Madagascar is an organization created in 1973. Among its functions there are: issue bills and coins of legal tender in the territory, to be the Bank of Banks and to be the State Bank. It is also responsible for ensure the proper functioning of the banking and financial system and ensure the proper functioning of the payments system.
Countries that used the currency: Madagascar.
Name: MALAGASY ARIARY
Bills: 100, 200, 500, 1.000, 2.000, 5.000, 10.000 ar
Coins: iraimbilanja = 1/5 of 1 ariary. 1, 2 iraimbilanja. 1, 2, 4, 5, 10, 20, 50 ar
Issuing Agent: Central Bank of Madagascar Web: http://www.banque-centrale.mg/