Convert Malagasy Ariary to Seychellois Rupee
Please provide values below to convert Malagasy Ariary [MGA] to Seychellois Rupee [SCR], or Convert Seychellois Rupee to Malagasy Ariary.
How to Convert Malagasy Ariary to Seychellois Rupee
1 MGA = 305.103444949704 SCR
Example: convert 15 MGA to SCR:
15 MGA = 15 × 305.103444949704 SCR = 4576.55167424556 SCR
Malagasy Ariary to Seychellois Rupee Conversion Table
| Malagasy Ariary | Seychellois Rupee |
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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.
Seychellois Rupee
The Seychellois Rupee (SCR) is the official currency of Seychelles, used for all monetary transactions within the country.
History/Origin
The Seychellois Rupee was introduced in 1914, replacing the Indian Rupee, and has undergone various reforms to modernize and stabilize the currency, including decimalization in 1983.
Current Use
The SCR is widely used in Seychelles for everyday transactions, banking, and trade, and is managed by the Central Bank of Seychelles.