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.

CVE
Cape Verdean Escudo

FACT 1: The currency of Cape Verde is the Cape Verde Escudo. It's code is CVE. According to our data, USD to CVE is the most popular CVE Escudo exchange rate conversion.

FACT 2: The most frequently used banknotes in Cape Verde are: $200, $500, $1000, $2000, $2500, $5000. It's used solely in Cape Verde.

FACT 3: The escudo became the currency of Cape Verde in 1914 replacing the Rei. In 2005, the 200 escudo note was redesigned to celebrate 30 years of independence.