FACT 1:
The currency of Madagascar is the Malagasy Ariary. It's code is MGA & its symbol is Ar. According to our data, MGA to EUR is the most popular Malagasy Ariary exchange rate conversion.
FACT 2:
The most popular banknotes used in Madagascar are: Ar100, Ar200, Ar500, Ar1000, Ar2000, Ar5000, Ar10000. It's used solely in in Madagascar.
FACT 3:
The ariary was introduced in 1961 with coins and banknotes denominated in both francs and ariary. The ariary replaced the franc as the official currency of Madagascar in 2005.
