Convert Malagasy Ariary to Surinamese Dollar
Please provide values below to convert Malagasy Ariary [MGA] to Surinamese Dollar [SRD], or Convert Surinamese Dollar to Malagasy Ariary.
How to Convert Malagasy Ariary to Surinamese Dollar
1 MGA = 119.909217930041 SRD
Example: convert 15 MGA to SRD:
15 MGA = 15 × 119.909217930041 SRD = 1798.63826895061 SRD
Malagasy Ariary to Surinamese Dollar Conversion Table
| Malagasy Ariary | Surinamese Dollar |
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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.
Surinamese Dollar
The Surinamese Dollar (SRD) is the official currency of Suriname, used for everyday transactions and financial exchanges within the country.
History/Origin
The Surinamese Dollar was introduced in 2004, replacing the Surinamese Guilder at a rate of 1 SRD = 100 Guilder, to stabilize the economy and modernize the currency system.
Current Use
Today, the Surinamese Dollar is widely used in Suriname for all forms of payment, including cash transactions, banking, and electronic payments.