Convert Malagasy Ariary to Syrian Pound
Please provide values below to convert Malagasy Ariary [MGA] to Syrian Pound [SYP], or Convert Syrian Pound to Malagasy Ariary.
How to Convert Malagasy Ariary to Syrian Pound
1 MGA = 0.343153798824962 SYP
Example: convert 15 MGA to SYP:
15 MGA = 15 × 0.343153798824962 SYP = 5.14730698237444 SYP
Malagasy Ariary to Syrian Pound 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.
Syrian Pound
The Syrian Pound (SYP) is the official currency of Syria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Syrian Pound was introduced in 1947, replacing the Syrian lira, and has undergone various devaluations and reforms due to economic challenges and conflicts in Syria.
Current Use
Today, the Syrian Pound remains the official currency of Syria, though its value is heavily affected by ongoing economic instability and sanctions, with limited use in some regions and a significant presence of foreign currencies.