Convert Malagasy Ariary to Mauritian Rupee
Please provide values below to convert Malagasy Ariary [MGA] to Mauritian Rupee [MUR], or Convert Mauritian Rupee to Malagasy Ariary.
How to Convert Malagasy Ariary to Mauritian Rupee
1 MGA = 97.4248545756954 MUR
Example: convert 15 MGA to MUR:
15 MGA = 15 × 97.4248545756954 MUR = 1461.37281863543 MUR
Malagasy Ariary to Mauritian Rupee Conversion Table
| Malagasy Ariary | Mauritian Rupee |
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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.
Mauritian Rupee
The Mauritian Rupee (MUR) is the official currency of Mauritius, used for all monetary transactions within the country.
History/Origin
The Mauritian Rupee was introduced in 1876, replacing the Indian Rupee, and has undergone various reforms to modernize and stabilize the currency over the years.
Current Use
Today, the Mauritian Rupee is widely used in Mauritius for everyday transactions, banking, and trade, and is managed by the Bank of Mauritius.