Convert Armenian Dram to Malagasy Ariary

Please provide values below to convert Armenian Dram [AMD] to Malagasy Ariary [MGA], or Convert Malagasy Ariary to Armenian Dram.

How to Convert Armenian Dram to Malagasy Ariary

1 AMD = 0.0867275208109422 MGA

Example: convert 15 AMD to MGA:
15 AMD = 15 × 0.0867275208109422 MGA = 1.30091281216413 MGA

Armenian Dram to Malagasy Ariary Conversion Table

Armenian Dram	Malagasy Ariary

Armenian Dram

The Armenian Dram (AMD) is the official currency of Armenia, used for all monetary transactions within the country.

History/Origin

The Armenian Dram was introduced in 1993 following Armenia's independence from the Soviet Union, replacing the Soviet ruble as the national currency.

Current Use

The AMD is actively used in Armenia for everyday transactions, banking, and trade, and is managed by the Central Bank of Armenia.

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.

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