Convert Costa Rican Colón to Malagasy Ariary
Please provide values below to convert Costa Rican Colón [CRC] to Malagasy Ariary [MGA], or Convert Malagasy Ariary to Costa Rican Colón.
How to Convert Costa Rican Colón to Malagasy Ariary
1 CRC = 0.113886425299046 MGA
Example: convert 15 CRC to MGA:
15 CRC = 15 × 0.113886425299046 MGA = 1.70829637948568 MGA
Costa Rican Colón to Malagasy Ariary Conversion Table
Costa Rican Colón | Malagasy Ariary |
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Costa Rican Colón
The Costa Rican Colón (CRC) is the official currency of Costa Rica, used for everyday transactions within the country.
History/Origin
Introduced in 1896, the Colón replaced the Costa Rican peso and was named after Christopher Columbus (Cristóbal Colón). It has undergone various devaluations and redesigns over the years to stabilize the economy.
Current Use
The CRC remains the official currency of Costa Rica, widely used in all economic activities, with banknotes and coins circulating throughout the country. It is also used in currency conversions and financial transactions domestically.
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.