Convert Chilean Peso to Malagasy Ariary
Please provide values below to convert Chilean Peso [CLP] to Malagasy Ariary [MGA], or Convert Malagasy Ariary to Chilean Peso.
How to Convert Chilean Peso to Malagasy Ariary
1 CLP = 0.215522133534995 MGA
Example: convert 15 CLP to MGA:
15 CLP = 15 × 0.215522133534995 MGA = 3.23283200302493 MGA
Chilean Peso to Malagasy Ariary Conversion Table
| Chilean Peso | Malagasy Ariary |
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Chilean Peso
The Chilean Peso (CLP) is the official currency of Chile, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Chilean Peso was introduced in 1975, replacing the Chilean Escudo, as part of monetary reforms to stabilize the economy and modernize the currency system.
Current Use
Today, the Chilean Peso remains the official currency of Chile, widely used in all financial transactions, banking, and commerce across the country.
Malagasy Ariary
The Malagasy Ariary (MGA) is the official currency of Madagascar, used for all monetary transactions within the country.
History/Origin
The Ariary was introduced in 1961, replacing the Malagasy franc, and was initially pegged to the French franc. It was revalued in 2005, establishing the current decimal system and modernizing the currency.
Current Use
The MGA is actively used as Madagascar's legal tender, with coins and banknotes circulating throughout the country for everyday transactions and commerce.