Convert Malagasy Ariary to Pakistani Rupee
Please provide values below to convert Malagasy Ariary [MGA] to Pakistani Rupee [PKR], or Convert Pakistani Rupee to Malagasy Ariary.
How to Convert Malagasy Ariary to Pakistani Rupee
1 MGA = 15.5466969155671 PKR
Example: convert 15 MGA to PKR:
15 MGA = 15 × 15.5466969155671 PKR = 233.200453733506 PKR
Malagasy Ariary to Pakistani Rupee Conversion Table
| Malagasy Ariary | Pakistani 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.
Pakistani Rupee
The Pakistani Rupee (PKR) is the official currency of Pakistan, used for all monetary transactions within the country.
History/Origin
The Pakistani Rupee was introduced in 1947, replacing the Indian Rupee at independence, and has undergone various reforms and devaluations over the years to stabilize the economy.
Current Use
Today, the PKR is widely used across Pakistan for everyday transactions, banking, and trade, with the central bank managing its issuance and regulation.