Convert Malagasy Ariary to Papua New Guinean Kina
Please provide values below to convert Malagasy Ariary [MGA] to Papua New Guinean Kina [PGK], or Convert Papua New Guinean Kina to Malagasy Ariary.
How to Convert Malagasy Ariary to Papua New Guinean Kina
1 MGA = 1054.50097632995 PGK
Example: convert 15 MGA to PGK:
15 MGA = 15 × 1054.50097632995 PGK = 15817.5146449493 PGK
Malagasy Ariary to Papua New Guinean Kina Conversion Table
| Malagasy Ariary | Papua New Guinean Kina |
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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.
Papua New Guinean Kina
The Papua New Guinean Kina (PGK) is the official currency of Papua New Guinea, used for all monetary transactions within the country.
History/Origin
Introduced in 1975, replacing the Australian dollar, the Kina was established to establish a national currency and promote economic independence for Papua New Guinea.
Current Use
The Kina is actively used in everyday transactions, banking, and trade within Papua New Guinea, with coins and banknotes issued by the country's central bank, the Bank of Papua New Guinea.