Convert Japanese Yen to Malagasy Ariary
Please provide values below to convert Japanese Yen [JPY] to Malagasy Ariary [MGA], or Convert Malagasy Ariary to Japanese Yen.
How to Convert Japanese Yen to Malagasy Ariary
1 JPY = 0.0331576786373121 MGA
Example: convert 15 JPY to MGA:
15 JPY = 15 × 0.0331576786373121 MGA = 0.497365179559681 MGA
Japanese Yen to Malagasy Ariary Conversion Table
| Japanese Yen | Malagasy Ariary |
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Japanese Yen
The Japanese Yen (JPY) is the official currency of Japan, used as the country's primary medium of exchange.
History/Origin
Introduced in 1871 during the Meiji Restoration, the Yen replaced the previous complex monetary system and has undergone various reforms, including decimalization in 1954, to modernize Japan's currency system.
Current Use
The Yen is widely used in Japan for everyday transactions, banking, and international trade, and is one of the most traded currencies globally.
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.