Convert Tongan Paanga to Malagasy Ariary
Please provide values below to convert Tongan Paanga [TOP] to Malagasy Ariary [MGA], or Convert Malagasy Ariary to Tongan Paanga.
How to Convert Tongan Paanga to Malagasy Ariary
1 TOP = 0.000538449382302991 MGA
Example: convert 15 TOP to MGA:
15 TOP = 15 × 0.000538449382302991 MGA = 0.00807674073454486 MGA
Tongan Paanga to Malagasy Ariary Conversion Table
| Tongan Paanga | Malagasy Ariary |
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Tongan Paanga
The Tongan Paʻanga (TOP) is the official currency of Tonga, used as the primary monetary unit for transactions within the country.
History/Origin
The Paʻanga was introduced in 1967, replacing the Tongan pound at a rate of 1 Paʻanga = 10 shillings, to modernize Tonga's currency system and facilitate easier transactions.
Current Use
Today, the Paʻanga remains the official currency of Tonga, widely used in everyday transactions, banking, and trade within the country.
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.