Convert Kyrgystani Som to Malagasy Ariary
Please provide values below to convert Kyrgystani Som [KGS] to Malagasy Ariary [MGA], or Convert Malagasy Ariary to Kyrgystani Som.
How to Convert Kyrgystani Som to Malagasy Ariary
1 KGS = 0.0197136065327884 MGA
Example: convert 15 KGS to MGA:
15 KGS = 15 × 0.0197136065327884 MGA = 0.295704097991826 MGA
Kyrgystani Som to Malagasy Ariary Conversion Table
| Kyrgystani Som | Malagasy Ariary |
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Kyrgystani Som
The Kyrgystani Som (KGS) is the official currency of Kyrgyzstan, used for all monetary transactions within the country.
History/Origin
The Som was introduced in 1993, replacing the Soviet ruble, as part of Kyrgyzstan's independence and economic transition to establish a national currency.
Current Use
The Kyrgystani Som is actively used in everyday transactions, banking, and financial markets within Kyrgyzstan, with ongoing efforts to stabilize and modernize its economy.
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.