Convert Syrian Pound to Malagasy Ariary
Please provide values below to convert Syrian Pound [SYP] to Malagasy Ariary [MGA], or Convert Malagasy Ariary to Syrian Pound.
How to Convert Syrian Pound to Malagasy Ariary
1 SYP = 2.91414521250888 MGA
Example: convert 15 SYP to MGA:
15 SYP = 15 × 2.91414521250888 MGA = 43.7121781876332 MGA
Syrian Pound to Malagasy Ariary Conversion Table
| Syrian Pound | Malagasy Ariary |
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Syrian Pound
The Syrian Pound (SYP) is the official currency of Syria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Syrian Pound was introduced in 1947, replacing the Syrian lira, and has undergone various devaluations and reforms due to economic challenges and conflicts in Syria.
Current Use
Today, the Syrian Pound remains the official currency of Syria, though its value is heavily affected by ongoing economic instability and sanctions, with limited use in some regions and a significant presence of foreign currencies.
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.