Convert Kenyan Shilling to Malagasy Ariary
Please provide values below to convert Kenyan Shilling [KES] to Malagasy Ariary [MGA], or Convert Malagasy Ariary to Kenyan Shilling.
How to Convert Kenyan Shilling to Malagasy Ariary
1 KES = 0.029167453467283 MGA
Example: convert 15 KES to MGA:
15 KES = 15 × 0.029167453467283 MGA = 0.437511802009244 MGA
Kenyan Shilling to Malagasy Ariary Conversion Table
Kenyan Shilling | Malagasy Ariary |
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Kenyan Shilling
The Kenyan Shilling (KES) is the official currency of Kenya, used as the country's legal tender for all transactions.
History/Origin
Introduced in 1966, replacing the East African shilling, the Kenyan Shilling has undergone various denominations and reforms to stabilize and modernize Kenya's currency system.
Current Use
The KES is widely used in Kenya for everyday transactions, banking, and trade, and is also accepted in some neighboring regions for cross-border commerce.
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.