Convert Serbian Dinar to Malagasy Ariary
Please provide values below to convert Serbian Dinar [RSD] to Malagasy Ariary [MGA], or Convert Malagasy Ariary to Serbian Dinar.
How to Convert Serbian Dinar to Malagasy Ariary
1 RSD = 0.022574700367281 MGA
Example: convert 15 RSD to MGA:
15 RSD = 15 × 0.022574700367281 MGA = 0.338620505509215 MGA
Serbian Dinar to Malagasy Ariary Conversion Table
Serbian Dinar | Malagasy Ariary |
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Serbian Dinar
The Serbian Dinar (RSD) is the official currency of Serbia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Serbian Dinar has been the official currency of Serbia since 2006, following the monetary reform that replaced the Yugoslav Dinar. It has undergone several changes and revaluations throughout its history, reflecting economic shifts and reforms.
Current Use
The Serbian Dinar is actively used as Serbia's legal tender for all financial transactions, including cash payments, banking, and electronic transfers within the country.
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.