Convert Malagasy Ariary to North Korean Won
Please provide values below to convert Malagasy Ariary [MGA] to North Korean Won [KPW], or Convert North Korean Won to Malagasy Ariary.
How to Convert Malagasy Ariary to North Korean Won
1 MGA = 4.92030155555555 KPW
Example: convert 15 MGA to KPW:
15 MGA = 15 × 4.92030155555555 KPW = 73.8045233333333 KPW
Malagasy Ariary to North Korean Won Conversion Table
| Malagasy Ariary | North Korean Won |
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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.
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.