Convert Malagasy Ariary to Liberian Dollar
Please provide values below to convert Malagasy Ariary [MGA] to Liberian Dollar [LRD], or Convert Liberian Dollar to Malagasy Ariary.
How to Convert Malagasy Ariary to Liberian Dollar
1 MGA = 22.0879263062651 LRD
Example: convert 15 MGA to LRD:
15 MGA = 15 × 22.0879263062651 LRD = 331.318894593977 LRD
Malagasy Ariary to Liberian Dollar Conversion Table
| Malagasy Ariary | Liberian Dollar |
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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.
Liberian Dollar
The Liberian Dollar (LRD) is the official currency of Liberia, used for all monetary transactions within the country.
History/Origin
The Liberian Dollar was introduced in 1943, replacing the Liberian Pound, and has undergone various reforms to stabilize the economy and manage inflation.
Current Use
Today, the Liberian Dollar is widely used in Liberia for everyday transactions, with coins and banknotes issued by the Central Bank of Liberia.