Malagasy Ariary Wiki
The ariary (sign: Ar; ISO 4217 code MGA) is the currency of Madagascar. It is notionally subdivided into 5 iraimbilanja and is one of only two non-decimal currencies currently circulating (the other is the Mauritanian ouguiya). The names ariary and iraimbilanja derive from the pre-colonial currency, with ariary (from the Spanish word "real") being the name for a silver dollar. Iraimbilanja means literally "one iron weight" and was the name of an old coin worth 1⁄5 of an ariary. However, as of 2021 the unit is effectively obsolete, since one iraimbilanja is worth less than US$0.005 and the coins have fallen into disuse. With currencyconverts.com you can convert Malagasy Ariary (MGA) to any other foreign currency. To convert a certain amount of Malagasy Ariary use currency converter. This page provides a free online information about currency conversion or exchange rates for world fiat currencies. Exchange rates for Malagasy Ariary is calculated from mid-market real price and updates daily. Usually people search for MGA exchange rate before business travel to Madagascar, or during trip to other countries and want to check rate of Malagasy Ariary in local money. On this page you can convert Malagasy Ariary to main foreign currencies, get fast access to most used amounts of MGA or aether calculate any amount of Malagasy Ariary in other fiat money.