Convert Malagasy Ariary to Costa Rican Colón
Please provide values below to convert Malagasy Ariary [MGA] to Costa Rican Colón [CRC], or Convert Costa Rican Colón to Malagasy Ariary.
How to Convert Malagasy Ariary to Costa Rican Colón
1 MGA = 8.78067774428934 CRC
Example: convert 15 MGA to CRC:
15 MGA = 15 × 8.78067774428934 CRC = 131.71016616434 CRC
Malagasy Ariary to Costa Rican Colón Conversion Table
| Malagasy Ariary | Costa Rican Colón |
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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.
Costa Rican Colón
The Costa Rican Colón (CRC) is the official currency of Costa Rica, used for everyday transactions within the country.
History/Origin
Introduced in 1896, the Colón replaced the Costa Rican peso and was named after Christopher Columbus (Cristóbal Colón). It has undergone various devaluations and redesigns over the years to stabilize the economy.
Current Use
The CRC remains the official currency of Costa Rica, widely used in all economic activities, with banknotes and coins circulating throughout the country. It is also used in currency conversions and financial transactions domestically.