Convert Malagasy Ariary to Manx pound
Please provide values below to convert Malagasy Ariary [MGA] to Manx pound [IMP], or Convert Manx pound to Malagasy Ariary.
How to Convert Malagasy Ariary to Manx Pound
1 MGA = 5981.72551668243 IMP
Example: convert 15 MGA to IMP:
15 MGA = 15 × 5981.72551668243 IMP = 89725.8827502364 IMP
Malagasy Ariary to Manx Pound Conversion Table
| Malagasy Ariary | Manx pound |
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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.
Manx Pound
The Manx pound (IMP) is the official currency of the Isle of Man, subdivided into 100 pence, and used as the island's legal tender.
History/Origin
The Manx pound has been in use since the Isle of Man established its own currency system, historically linked to the British pound, with banknotes issued by local banks since the 19th century.
Current Use
Today, the Manx pound is pegged to the British pound at par and is used alongside British currency for everyday transactions and local commerce on the Isle of Man.