Convert Macanese Pataca to Malagasy Ariary
Please provide values below to convert Macanese Pataca [MOP] to Malagasy Ariary [MGA], or Convert Malagasy Ariary to Macanese Pataca.
How to Convert Macanese Pataca to Malagasy Ariary
1 MOP = 0.00182590434723581 MGA
Example: convert 15 MOP to MGA:
15 MOP = 15 × 0.00182590434723581 MGA = 0.0273885652085371 MGA
Macanese Pataca to Malagasy Ariary Conversion Table
| Macanese Pataca | Malagasy Ariary |
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Macanese Pataca
The Macanese Pataca (MOP) is the official currency of Macau, used for everyday transactions and financial dealings within the region.
History/Origin
Introduced in 1999, the Pataca replaced the Macau pataca, and has since been pegged to the Hong Kong dollar at a fixed rate, reflecting Macau's economic ties with Hong Kong and China.
Current Use
The Pataca remains the primary currency in Macau, widely used for commerce, banking, and tourism-related transactions.
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.