Convert Liberian Dollar to Malagasy Ariary
Please provide values below to convert Liberian Dollar [LRD] to Malagasy Ariary [MGA], or Convert Malagasy Ariary to Liberian Dollar.
How to Convert Liberian Dollar to Malagasy Ariary
1 LRD = 0.0452736026974318 MGA
Example: convert 15 LRD to MGA:
15 LRD = 15 × 0.0452736026974318 MGA = 0.679104040461477 MGA
Liberian Dollar to Malagasy Ariary Conversion Table
| Liberian Dollar | Malagasy Ariary |
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Liberian Dollar
The Liberian Dollar (LRD) is the official currency of Liberia, used for all monetary transactions within the country.
History/Origin
The Liberian Dollar was introduced in 1943, replacing the Liberian Pound, and has undergone various reforms to stabilize the economy and manage inflation.
Current Use
Today, the Liberian Dollar is widely used in Liberia for everyday transactions, with coins and banknotes issued by the Central Bank of Liberia.
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.