Convert Hungarian Forint to Malagasy Ariary
Please provide values below to convert Hungarian Forint [HUF] to Malagasy Ariary [MGA], or Convert Malagasy Ariary to Hungarian Forint.
How to Convert Hungarian Forint to Malagasy Ariary
1 HUF = 0.0768249434756867 MGA
Example: convert 15 HUF to MGA:
15 HUF = 15 × 0.0768249434756867 MGA = 1.1523741521353 MGA
Hungarian Forint to Malagasy Ariary Conversion Table
| Hungarian Forint | Malagasy Ariary |
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Hungarian Forint
The Hungarian Forint (HUF) is the official currency of Hungary, used for all monetary transactions within the country.
History/Origin
The Forint was introduced in 1946, replacing the pengő after hyperinflation. It has undergone several reforms and decimalization since its inception.
Current Use
The Forint remains Hungary's legal tender, with banknotes and coins in circulation. It is managed by the Hungarian National Bank and used for everyday transactions and financial activities.
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.