Convert Afghan Afghani to Malagasy Ariary
Please provide values below to convert Afghan Afghani [AFN] to Malagasy Ariary [MGA], or Convert Malagasy Ariary to Afghan Afghani.
How to Convert Afghan Afghani to Malagasy Ariary
1 AFN = 0.0155699129010024 MGA
Example: convert 15 AFN to MGA:
15 AFN = 15 × 0.0155699129010024 MGA = 0.233548693515036 MGA
Afghan Afghani to Malagasy Ariary Conversion Table
| Afghan Afghani | Malagasy Ariary |
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Afghan Afghani
The Afghan Afghani (AFN) is the official currency of Afghanistan, used for all monetary transactions within the country.
History/Origin
The Afghani was introduced in 1925, replacing the Afghan rupee, and has undergone several reforms and redenominations over the years, especially during periods of economic instability and conflict.
Current Use
Today, the Afghani remains the official currency of Afghanistan, widely used in everyday transactions, with coins and banknotes issued by the central bank, the Da Afghanistan Bank.
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.