Convert Malagasy Ariary to Uzbekistan Som
Please provide values below to convert Malagasy Ariary [MGA] to Uzbekistan Som [UZS], or Convert Uzbekistan Som to Malagasy Ariary.
How to Convert Malagasy Ariary to Uzbekistan Som
1 MGA = 0.348505206162155 UZS
Example: convert 15 MGA to UZS:
15 MGA = 15 × 0.348505206162155 UZS = 5.22757809243232 UZS
Malagasy Ariary to Uzbekistan Som Conversion Table
| Malagasy Ariary | Uzbekistan Som |
|---|
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.
Uzbekistan Som
The Uzbekistan Som (UZS) is the official currency of Uzbekistan, used for everyday transactions and monetary exchanges within the country.
History/Origin
Introduced in 1993 following Uzbekistan's independence from the Soviet Union, the Som replaced the Russian ruble as the national currency. It has undergone several redenominations and reforms over the years to stabilize the economy.
Current Use
The Uzbekistan Som is actively used for all forms of financial transactions in Uzbekistan, including cash payments, banking, and electronic transfers. It is managed and issued by the Central Bank of Uzbekistan.