Convert Malagasy Ariary to Russian Ruble
Please provide values below to convert Malagasy Ariary [MGA] to Russian Ruble [RUB], or Convert Russian Ruble to Malagasy Ariary.
How to Convert Malagasy Ariary to Russian Ruble
1 MGA = 56.4755619152561 RUB
Example: convert 15 MGA to RUB:
15 MGA = 15 × 56.4755619152561 RUB = 847.133428728842 RUB
Malagasy Ariary to Russian Ruble Conversion Table
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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.
Russian Ruble
The Russian Ruble (RUB) is the official currency of Russia, used for everyday transactions and financial exchanges within the country.
History/Origin
The Ruble has been the currency of Russia for centuries, with origins dating back to the 13th century. It has undergone various reforms and redenominations, most notably after the Soviet Union's dissolution in 1991, establishing the modern RUB as the national currency.
Current Use
Today, the Russian Ruble is widely used throughout Russia for all forms of payment, including cash, electronic transfers, and banking transactions. It is also traded on international currency markets.