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On January 1st, 2005, the Malagasy Franc was replaced by the Malagasy Ariary.
The Malagasy ariary is the official currency of Madagascar. The ISO code for the Malagasy ariary is MGA. The ariary is only one of two circulating currencies in the world with division units not based on a power of ten, but instead each ariary consists of five iraimbilanja.
One Malagasy franc was valued at 0.2 ariarys (one iraimbilanja). The banknotes show how many francs they are worth, however it has not been done for the coins.
Madisyn Hayes
Wiki User
∙ 8y agoOn January 1st, 2005, the Malagasy Franc was replaced by the Malagasy Ariary.
The Malagasy ariary is the official currency of Madagascar. The ISO code for the Malagasy ariary is MGA. The ariary is only one of two circulating currencies in the world with division units not based on a power of ten, but instead each ariary consists of five iraimbilanja.
One Malagasy franc was valued at 0.2 ariarys (one iraimbilanja). The banknotes show how many francs they are worth, however it has not been done for the coins.
Wiki User
∙ 12y ago- gcnsh
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Does Madagascar use euros?
No. The currency in Madagascar is the Malagasy Ariary.
Types of currency in Madagascar?
official currency is Malagasy Ariary
What kind of money does Madagascar use?
Malagasy Ariary - This is the currency of Madagascar.
What is the main currency of Madagascar?
The currency is named Malagasy ariary (MGA)
Which country has the same name for its currency?
madagascar
Which countries do not use decimal currency?
Madagascar and Mauritania.
What money do they use in Madagascar?
Madagascar's currency is Malagasy Ariary. It's exchange rate per USA dollar is ......
What is an ariary?
An ariary is the currency of Madagascar, subdivided into five iraimbilanja.
What is the currency and exchange rate of Madagascar?
6,302.9 6,302.9 6,302.9 6,302.9
How many U.S. dollars is a franc in Madagascar?
. 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.
How much us money are the national currency of Madagascar francs worth in the us?
The official currency of Madagascar is the Malagasy ariary (MGA), which has been reintroduced to replace the Malagasy franc. Here is the rough conversion chart as currency rates sometimes change daily.Currency Exchange Rates on 3/14/131000 Madagascar Ariarys = $0.459057 US
What is the main language and currency of madagaster?
Do you mean Madagascar? Main language is French and tiako ianao, the main currency is Ariary.
