Convert Albanian Lek to Malagasy Ariary
Please provide values below to convert Albanian Lek [ALL] to Malagasy Ariary [MGA], or Convert Malagasy Ariary to Albanian Lek.
How to Convert Albanian Lek to Malagasy Ariary
1 ALL = 0.0188326984655909 MGA
Example: convert 15 ALL to MGA:
15 ALL = 15 × 0.0188326984655909 MGA = 0.282490476983863 MGA
Albanian Lek to Malagasy Ariary Conversion Table
| Albanian Lek | Malagasy Ariary |
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Albanian Lek
The Albanian Lek (ALL) is the official currency of Albania, used for everyday transactions and financial exchanges within the country.
History/Origin
The Albanian Lek was introduced in 1926, replacing the Albanian franc, and has undergone several reforms, with the current version issued since 1992 to stabilize the economy after the fall of communism.
Current Use
The Albanian Lek is actively used as the primary currency in Albania for all forms of payment, banking, and financial transactions.
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.