Convert Malagasy Ariary to Mauritanian Ouguiya
Please provide values below to convert Malagasy Ariary [MGA] to Mauritanian Ouguiya [MRU], or Convert Mauritanian Ouguiya to Malagasy Ariary.
How to Convert Malagasy Ariary to Mauritanian Ouguiya
1 MGA = 110.813997542622 MRU
Example: convert 15 MGA to MRU:
15 MGA = 15 × 110.813997542622 MRU = 1662.20996313934 MRU
Malagasy Ariary to Mauritanian Ouguiya Conversion Table
| Malagasy Ariary | Mauritanian Ouguiya |
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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.
Mauritanian Ouguiya
The Mauritanian Ouguiya (MRU) is the official currency of Mauritania, used for all monetary transactions within the country.
History/Origin
The Ouguiya was introduced in 1973, replacing the CFA franc at par, and has undergone various redenominations and updates since its inception to modernize the currency system.
Current Use
Today, the MRU is actively used in Mauritania for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of West African States (BCEAO).