Convert Manx pound to Malagasy Ariary
Please provide values below to convert Manx pound [IMP] to Malagasy Ariary [MGA], or Convert Malagasy Ariary to Manx pound.
How to Convert Manx Pound to Malagasy Ariary
1 IMP = 0.000167175842022691 MGA
Example: convert 15 IMP to MGA:
15 IMP = 15 × 0.000167175842022691 MGA = 0.00250763763034036 MGA
Manx Pound to Malagasy Ariary Conversion Table
| Manx pound | Malagasy Ariary |
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Manx Pound
The Manx pound (IMP) is the official currency of the Isle of Man, subdivided into 100 pence, and used as the island's legal tender.
History/Origin
The Manx pound has been in use since the Isle of Man established its own currency system, historically linked to the British pound, with banknotes issued by local banks since the 19th century.
Current Use
Today, the Manx pound is pegged to the British pound at par and is used alongside British currency for everyday transactions and local commerce on the Isle of Man.
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.