Convert Mauritian Rupee to Malagasy Ariary
Please provide values below to convert Mauritian Rupee [MUR] to Malagasy Ariary [MGA], or Convert Malagasy Ariary to Mauritian Rupee.
How to Convert Mauritian Rupee to Malagasy Ariary
1 MUR = 0.0102643211976574 MGA
Example: convert 15 MUR to MGA:
15 MUR = 15 × 0.0102643211976574 MGA = 0.153964817964861 MGA
Mauritian Rupee to Malagasy Ariary Conversion Table
| Mauritian Rupee | Malagasy Ariary |
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Mauritian Rupee
The Mauritian Rupee (MUR) is the official currency of Mauritius, used for all monetary transactions within the country.
History/Origin
The Mauritian Rupee was introduced in 1876, replacing the Indian Rupee, and has undergone various reforms to modernize and stabilize the currency over the years.
Current Use
Today, the Mauritian Rupee is widely used in Mauritius for everyday transactions, banking, and trade, and is managed by the Bank of Mauritius.
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.