Convert Malagasy Ariary to Kyrgystani Som
Please provide values below to convert Malagasy Ariary [MGA] to Kyrgystani Som [KGS], or Convert Kyrgystani Som to Malagasy Ariary.
How to Convert Malagasy Ariary to Kyrgystani Som
1 MGA = 50.7263852677978 KGS
Example: convert 15 MGA to KGS:
15 MGA = 15 × 50.7263852677978 KGS = 760.895779016967 KGS
Malagasy Ariary to Kyrgystani Som Conversion Table
| Malagasy Ariary | Kyrgystani Som |
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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.
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.