Convert Malagasy Ariary to Romanian Leu
Please provide values below to convert Malagasy Ariary [MGA] to Romanian Leu [RON], or Convert Romanian Leu to Malagasy Ariary.
How to Convert Malagasy Ariary to Romanian Leu
1 MGA = 1021.84590179066 RON
Example: convert 15 MGA to RON:
15 MGA = 15 × 1021.84590179066 RON = 15327.6885268599 RON
Malagasy Ariary to Romanian Leu Conversion Table
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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.
Romanian Leu
The Romanian Leu (RON) is the official currency of Romania, used for all monetary transactions within the country.
History/Origin
The Leu was first introduced in 1867, replaced by the Romanian Leu in 1952 after a currency reform, and has undergone several redenominations, with the current form established in 2005 to stabilize the economy.
Current Use
The RON is actively used as Romania's primary currency for everyday transactions, banking, and international trade, with coins and banknotes issued by the National Bank of Romania.