Convert Malagasy Ariary to Omani Rial
Please provide values below to convert Malagasy Ariary [MGA] to Omani Rial [OMR], or Convert Omani Rial to Malagasy Ariary.
How to Convert Malagasy Ariary to Omani Rial
1 MGA = 11516.9607282185 OMR
Example: convert 15 MGA to OMR:
15 MGA = 15 × 11516.9607282185 OMR = 172754.410923277 OMR
Malagasy Ariary to Omani Rial Conversion Table
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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.
Omani Rial
The Omani Rial (OMR) is the official currency of Oman, used for all monetary transactions within the country.
History/Origin
The Omani Rial was introduced in 1970, replacing the Gulf rupee at par, and has since been the standard currency of Oman, with its value stabilized through pegging to the US dollar.
Current Use
The Omani Rial is widely used in Oman for everyday transactions, banking, and trade, and is subdivided into 1000 baisa.