Convert Malagasy Ariary to Polish Zloty
Please provide values below to convert Malagasy Ariary [MGA] to Polish Zloty [PLN], or Convert Polish Zloty to Malagasy Ariary.
How to Convert Malagasy Ariary to Polish Zloty
1 MGA = 1221.72692159135 PLN
Example: convert 15 MGA to PLN:
15 MGA = 15 × 1221.72692159135 PLN = 18325.9038238702 PLN
Malagasy Ariary to Polish Zloty Conversion Table
| Malagasy Ariary | Polish Zloty |
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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.
Polish Zloty
The Polish Zloty (PLN) is the official currency of Poland, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Zloty has been Poland's currency since the 14th century, with modern issuance beginning in 1924 after a period of currency reforms. It replaced earlier currencies and has undergone several redenominations, most notably in 1995 to stabilize the economy.
Current Use
The PLN is actively used as Poland's legal tender, with coins and banknotes circulating nationwide. It is also traded in foreign exchange markets and used in international transactions involving Poland.