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An ariary is the currency of Madagascar, subdivided into five iraimbilanja.

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An ariary is the currency of Madagascar, subdivided into five iraimbilanja.

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Malagasy ariary was created in 1961.

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Madagascar - Ariary (2004-date)

5 iraimbilanja = 1 ariary

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. The Malagasy ariary is the currency in Madagascar. The ariary replaced the franc as the official currency of Madagascar on January 1, 2005. The ariary is worth 0.00042000 US dollar. One US dollar is worth 2,360.7 Malagasy ariary.

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The Madagascan Currency is known as the Malagasy Ariary (MGA). The currency was introduced in 2005 to replace the Malagasy Franc which had been in use since the French colonial period. One Ariary is equivalent to five Iraimbilanja.

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