Convert Malagasy Ariary to Guinean Franc
Please provide values below to convert Malagasy Ariary [MGA] to Guinean Franc [GNF], or Convert Guinean Franc to Malagasy Ariary.
How to Convert Malagasy Ariary to Guinean Franc
1 MGA = 0.509279204550037 GNF
Example: convert 15 MGA to GNF:
15 MGA = 15 × 0.509279204550037 GNF = 7.63918806825055 GNF
Malagasy Ariary to Guinean Franc Conversion Table
| Malagasy Ariary | Guinean Franc |
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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.
Guinean Franc
The Guinean Franc (GNF) is the official currency of Guinea, used for all monetary transactions within the country.
History/Origin
The Guinean Franc was introduced in 1959, replacing the French CFA franc, following Guinea's independence, and has undergone various redenominations since then.
Current Use
Today, the GNF is used exclusively within Guinea for everyday transactions, banking, and trade, and is issued by the Central Bank of the Republic of Guinea.