Convert Malagasy Ariary to Myanma Kyat
Please provide values below to convert Malagasy Ariary [MGA] to Myanma Kyat [MMK], or Convert Myanma Kyat to Malagasy Ariary.
How to Convert Malagasy Ariary to Myanma Kyat
1 MGA = 2.10685395900841 MMK
Example: convert 15 MGA to MMK:
15 MGA = 15 × 2.10685395900841 MMK = 31.6028093851261 MMK
Malagasy Ariary to Myanma Kyat Conversion Table
| Malagasy Ariary | Myanma Kyat |
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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.
Myanma Kyat
The Myanma Kyat (MMK) is the official currency of Myanmar, used for all monetary transactions within the country.
History/Origin
The Kyat was introduced in 1952, replacing the Indian Rupee, and has undergone several reforms and redenominations over the years to stabilize Myanmar's economy.
Current Use
Today, the Kyat is the primary currency in Myanmar, used in everyday transactions, banking, and financial markets, with banknotes and coins issued by the Central Bank of Myanmar.