Convert Angolan Kwanza to Malagasy Ariary
Please provide values below to convert Angolan Kwanza [AOA] to Malagasy Ariary [MGA], or Convert Malagasy Ariary to Angolan Kwanza.
How to Convert Angolan Kwanza to Malagasy Ariary
1 AOA = 0.207643144907514 MGA
Example: convert 15 AOA to MGA:
15 AOA = 15 × 0.207643144907514 MGA = 3.11464717361271 MGA
Angolan Kwanza to Malagasy Ariary Conversion Table
| Angolan Kwanza | Malagasy Ariary |
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Angolan Kwanza
The Angolan Kwanza (AOA) is the official currency of Angola, used for all monetary transactions within the country.
History/Origin
The Kwanza was introduced in 1977, replacing the Angolan escudo after independence from Portugal. It has undergone several redenominations due to inflation and economic changes.
Current Use
The AOA is actively used as Angola's legal tender, with coins and banknotes circulating nationwide. It is managed by the National Bank of Angola.
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.