Convert Romanian Leu to Malagasy Ariary
Please provide values below to convert Romanian Leu [RON] to Malagasy Ariary [MGA], or Convert Malagasy Ariary to Romanian Leu.
How to Convert Romanian Leu to Malagasy Ariary
1 RON = 0.000978621138713404 MGA
Example: convert 15 RON to MGA:
15 RON = 15 × 0.000978621138713404 MGA = 0.0146793170807011 MGA
Romanian Leu to Malagasy Ariary Conversion Table
| Romanian Leu | Malagasy Ariary |
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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.
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.