Convert North Korean Won to Malagasy Ariary
Please provide values below to convert North Korean Won [KPW] to Malagasy Ariary [MGA], or Convert Malagasy Ariary to North Korean Won.
How to Convert North Korean Won to Malagasy Ariary
1 KPW = 0.203239575605054 MGA
Example: convert 15 KPW to MGA:
15 KPW = 15 × 0.203239575605054 MGA = 3.04859363407582 MGA
North Korean Won to Malagasy Ariary Conversion Table
| North Korean Won | Malagasy Ariary |
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North Korean Won
The North Korean Won (KPW) is the official currency of North Korea, used for everyday transactions within the country.
History/Origin
The North Korean Won was first introduced in 1947, replacing the Korean won used during the Japanese occupation, and has undergone several redenominations and reforms since then.
Current Use
Today, the KPW is primarily used domestically in North Korea, with limited acceptance outside the country; it is subject to strict government control and currency regulations.
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.