Convert Malagasy Ariary to Angolan Kwanza
Please provide values below to convert Malagasy Ariary [MGA] to Angolan Kwanza [AOA], or Convert Angolan Kwanza to Malagasy Ariary.
How to Convert Malagasy Ariary to Angolan Kwanza
1 MGA = 4.81595479805225 AOA
Example: convert 15 MGA to AOA:
15 MGA = 15 × 4.81595479805225 AOA = 72.2393219707837 AOA
Malagasy Ariary to Angolan Kwanza Conversion Table
| Malagasy Ariary | Angolan Kwanza |
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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.
Angolan Kwanza
The Angolan Kwanza (AOA) is the official currency of Angola, used for all monetary transactions within the country.
History/Origin
The Kwanza was introduced in 1977, replacing the Angolan escudo after independence from Portugal. It has undergone several redenominations due to inflation and economic changes.
Current Use
The AOA is actively used as Angola's legal tender, with coins and banknotes circulating nationwide. It is managed by the National Bank of Angola.