Convert Ukrainian Hryvnia to Malagasy Ariary
Please provide values below to convert Ukrainian Hryvnia [UAH] to Malagasy Ariary [MGA], or Convert Malagasy Ariary to Ukrainian Hryvnia.
How to Convert Ukrainian Hryvnia to Malagasy Ariary
1 UAH = 0.00943471983221263 MGA
Example: convert 15 UAH to MGA:
15 UAH = 15 × 0.00943471983221263 MGA = 0.141520797483189 MGA
Ukrainian Hryvnia to Malagasy Ariary Conversion Table
| Ukrainian Hryvnia | Malagasy Ariary |
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Ukrainian Hryvnia
The Ukrainian Hryvnia (UAH) is the official currency of Ukraine, used for all monetary transactions within the country.
History/Origin
The Hryvnia was first introduced in Ukraine in 1918 during the brief independence period, replaced by the Soviet ruble. It was reintroduced in 1996 after Ukraine gained independence from the Soviet Union, replacing the karbovanets as the national currency.
Current Use
Today, the Hryvnia is the sole legal tender in Ukraine, widely used in everyday transactions, banking, and financial markets. It is managed by the National Bank of Ukraine and features modern banknotes and coins.
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.