Convert Malagasy Ariary to Falkland Islands Pound
Please provide values below to convert Malagasy Ariary [MGA] to Falkland Islands Pound [FKP], or Convert Falkland Islands Pound to Malagasy Ariary.
How to Convert Malagasy Ariary to Falkland Islands Pound
1 MGA = 5981.72551668243 FKP
Example: convert 15 MGA to FKP:
15 MGA = 15 × 5981.72551668243 FKP = 89725.8827502364 FKP
Malagasy Ariary to Falkland Islands Pound Conversion Table
| Malagasy Ariary | Falkland Islands Pound |
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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.
Falkland Islands Pound
The Falkland Islands Pound (FKP) is the official currency of the Falkland Islands, pegged at par to the British Pound Sterling.
History/Origin
Introduced in 1899, the Falkland Islands Pound has been used as the local currency, maintaining a fixed exchange rate with the British Pound, and has evolved alongside economic developments in the islands.
Current Use
The Falkland Islands Pound is actively used for all local transactions, issued by the Falkland Islands Monetary Authority, and is accepted alongside the British Pound within the islands.