Convert Malagasy Ariary to Sri Lankan Rupee
Please provide values below to convert Malagasy Ariary [MGA] to Sri Lankan Rupee [LKR], or Convert Sri Lankan Rupee to Malagasy Ariary.
How to Convert Malagasy Ariary to Sri Lankan Rupee
1 MGA = 14.685626147037 LKR
Example: convert 15 MGA to LKR:
15 MGA = 15 × 14.685626147037 LKR = 220.284392205554 LKR
Malagasy Ariary to Sri Lankan Rupee Conversion Table
| Malagasy Ariary | Sri Lankan Rupee |
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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.
Sri Lankan Rupee
The Sri Lankan Rupee (LKR) is the official currency of Sri Lanka, used for all monetary transactions within the country.
History/Origin
The Sri Lankan Rupee was introduced in 1872 during British colonial rule, replacing the Indian Rupee. It has undergone various changes and decimalization over the years, with the current form established in 1978.
Current Use
Today, the LKR is the legal tender in Sri Lanka, used in everyday transactions, banking, and trade. It is managed by the Central Bank of Sri Lanka and is actively traded in foreign exchange markets.