Convert Malagasy Ariary to Sierra Leonean Leone
Please provide values below to convert Malagasy Ariary [MGA] to Sierra Leonean Leone [SLL], or Convert Sierra Leonean Leone to Malagasy Ariary.
How to Convert Malagasy Ariary to Sierra Leonean Leone
1 MGA = 0.196052927858627 SLL
Example: convert 15 MGA to SLL:
15 MGA = 15 × 0.196052927858627 SLL = 2.9407939178794 SLL
Malagasy Ariary to Sierra Leonean Leone Conversion Table
| Malagasy Ariary | Sierra Leonean Leone |
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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.
Sierra Leonean Leone
The Sierra Leonean Leone (SLL) is the official currency of Sierra Leone, used for everyday transactions within the country.
History/Origin
Introduced in 1964, replacing the British West African pound, the Leone has undergone several redenominations and inflation adjustments over the years to stabilize the economy.
Current Use
The Leone is actively used in Sierra Leone for all monetary transactions, with coins and banknotes issued by the Bank of Sierra Leone, and it is also used in currency exchange and financial markets.