Convert Malagasy Ariary to Moldovan Leu
Please provide values below to convert Malagasy Ariary [MGA] to Moldovan Leu [MDL], or Convert Moldovan Leu to Malagasy Ariary.
How to Convert Malagasy Ariary to Moldovan Leu
1 MGA = 261.278071805765 MDL
Example: convert 15 MGA to MDL:
15 MGA = 15 × 261.278071805765 MDL = 3919.17107708647 MDL
Malagasy Ariary to Moldovan Leu Conversion Table
| Malagasy Ariary | Moldovan Leu |
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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.
Moldovan Leu
The Moldovan Leu (MDL) is the official currency of Moldova, used for all monetary transactions within the country.
History/Origin
The Moldovan Leu was introduced in 1993, replacing the Soviet ruble, following Moldova's independence. It has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Moldovan Leu is actively used as the national currency for everyday transactions, banking, and trade in Moldova. It is issued and regulated by the National Bank of Moldova.