Convert Malagasy Ariary to Aruban Florin
Please provide values below to convert Malagasy Ariary [MGA] to Aruban Florin [AWG], or Convert Aruban Florin to Malagasy Ariary.
How to Convert Malagasy Ariary to Aruban Florin
1 MGA = 2473.89463687151 AWG
Example: convert 15 MGA to AWG:
15 MGA = 15 × 2473.89463687151 AWG = 37108.4195530726 AWG
Malagasy Ariary to Aruban Florin Conversion Table
| Malagasy Ariary | Aruban Florin |
|---|
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.
Aruban Florin
The Aruban Florin (AWG) is the official currency of Aruba, used as a medium of exchange within the country.
History/Origin
The Aruban Florin was introduced in 1986, replacing the Netherlands Antillean Guilder at par, to establish a distinct national currency for Aruba.
Current Use
The AWG is widely used in Aruba for all daily transactions, banking, and trade, and is pegged to the US dollar at a fixed rate.