Convert Algerian Dinar to Malagasy Ariary
Please provide values below to convert Algerian Dinar [DZD] to Malagasy Ariary [MGA], or Convert Malagasy Ariary to Algerian Dinar.
How to Convert Algerian Dinar to Malagasy Ariary
1 DZD = 0.0293570308269724 MGA
Example: convert 15 DZD to MGA:
15 DZD = 15 × 0.0293570308269724 MGA = 0.440355462404585 MGA
Algerian Dinar to Malagasy Ariary Conversion Table
| Algerian Dinar | Malagasy Ariary |
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Algerian Dinar
The Algerian Dinar (DZD) is the official currency of Algeria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Algerian Dinar was introduced in 1964, replacing the Algerian franc after independence, and has undergone several reforms to stabilize the economy and control inflation.
Current Use
Today, the Dinar remains the official currency of Algeria, used in all financial transactions, banking, and commerce across the country.
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.