Convert Surinamese Dollar to Malagasy Ariary
Please provide values below to convert Surinamese Dollar [SRD] to Malagasy Ariary [MGA], or Convert Malagasy Ariary to Surinamese Dollar.
How to Convert Surinamese Dollar to Malagasy Ariary
1 SRD = 0.00833964241667753 MGA
Example: convert 15 SRD to MGA:
15 SRD = 15 × 0.00833964241667753 MGA = 0.125094636250163 MGA
Surinamese Dollar to Malagasy Ariary Conversion Table
| Surinamese Dollar | Malagasy Ariary |
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Surinamese Dollar
The Surinamese Dollar (SRD) is the official currency of Suriname, used for everyday transactions and financial exchanges within the country.
History/Origin
The Surinamese Dollar was introduced in 2004, replacing the Surinamese Guilder at a rate of 1 SRD = 100 Guilder, to stabilize the economy and modernize the currency system.
Current Use
Today, the Surinamese Dollar is widely used in Suriname for all forms of payment, including cash transactions, banking, and electronic payments.
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.