Convert Malagasy Ariary to Georgian Lari
Please provide values below to convert Malagasy Ariary [MGA] to Georgian Lari [GEL], or Convert Georgian Lari to Malagasy Ariary.
How to Convert Malagasy Ariary to Georgian Lari
1 MGA = 1634.41034915479 GEL
Example: convert 15 MGA to GEL:
15 MGA = 15 × 1634.41034915479 GEL = 24516.1552373219 GEL
Malagasy Ariary to Georgian Lari Conversion Table
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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.
Georgian Lari
The Georgian Lari (GEL) is the official currency of Georgia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Georgian Lari was introduced in 1995, replacing the Georgian coupon as the country's official currency, to stabilize the economy and establish a national monetary system.
Current Use
The GEL is actively used in Georgia for all forms of financial transactions, including cash, banking, and electronic payments, and is managed by the National Bank of Georgia.