Convert Moldovan Leu to Malagasy Ariary
Please provide values below to convert Moldovan Leu [MDL] to Malagasy Ariary [MGA], or Convert Malagasy Ariary to Moldovan Leu.
How to Convert Moldovan Leu to Malagasy Ariary
1 MDL = 0.00382733994126918 MGA
Example: convert 15 MDL to MGA:
15 MDL = 15 × 0.00382733994126918 MGA = 0.0574100991190377 MGA
Moldovan Leu to Malagasy Ariary Conversion Table
| Moldovan Leu | Malagasy Ariary |
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Moldovan Leu
The Moldovan Leu (MDL) is the official currency of Moldova, used for all monetary transactions within the country.
History/Origin
The Moldovan Leu was introduced in 1993, replacing the Soviet ruble, following Moldova's independence. It has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Moldovan Leu is actively used as the national currency for everyday transactions, banking, and trade in Moldova. It is issued and regulated by the National Bank of Moldova.
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.