Convert Mauritanian Ouguiya to Malagasy Ariary
Please provide values below to convert Mauritanian Ouguiya [MRU] to Malagasy Ariary [MGA], or Convert Malagasy Ariary to Mauritanian Ouguiya.
How to Convert Mauritanian Ouguiya to Malagasy Ariary
1 MRU = 0.00902413072514029 MGA
Example: convert 15 MRU to MGA:
15 MRU = 15 × 0.00902413072514029 MGA = 0.135361960877104 MGA
Mauritanian Ouguiya to Malagasy Ariary Conversion Table
| Mauritanian Ouguiya | Malagasy Ariary |
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Mauritanian Ouguiya
The Mauritanian Ouguiya (MRU) is the official currency of Mauritania, used for all monetary transactions within the country.
History/Origin
The Ouguiya was introduced in 1973, replacing the CFA franc at par, and has undergone various redenominations and updates since its inception to modernize the currency system.
Current Use
Today, the MRU is actively used in Mauritania for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of West African States (BCEAO).
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.