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Ariary

From Biocrawler, the free encyclopedia.

The Malagasy ariary (ISO 4217: MGA) is the currency of Madagascar.

One of only two circulating currencies in the world with division units not based on a power of ten, each ariary comprises five iraimbilanja. (The other non-decimal currency is the Mauritanian ouguiya.) The names Ariary and iraimbilanja derive from the pre-colonial currency. Iraimbilanja means literally "one iron weight", and was the name of an old coin worth 1/5 of the ariary.

The ariary replaced the previous currency, the Malagasy franc (also known as by its French name, the franc malgache) (ISO 4217: MGF), on January 1, 2005. One Malagasy franc was valued at 0.2 ariarys; that is, one iraimbilanja.

Coins and banknotes had been denominated in both the official francs and the semi-official ariary and iraimbilanja since the franc malgache was introduced. Previously, the franc denomination was most prominant. On banknotes issued since July 31, 2003, the ariary denomination is displayed prominantly, and the franc denomination in small print. The coins have not been replaced.

As of January 19, 2005 there were 1,760.04 ariary to the US dollar or 2,285.95 to the Euro.

Coins in circulation [1] (http://www.banque-centrale.mg/sommaire_billetmonnaies_s.htm)

Iraimbilanja (1/5 Ariary)
Venty sy Kirobo (2/5 Ariary)
1 Ariary
2 Ariary
4 Ariary
5 Ariary
10 Ariary
20 Ariary
50 Ariary

Banknotes in circulation [2] (http://www.banque-centrale.mg/sommaire_billetmonnaies_s.htm)

100 Ariary
200 Ariary
500 Ariary
1000 Ariary
2000 Ariary
5000 Ariary
10000 Ariary

Plus older banknotes in denominations of

50 FMG (Malagasy Francs) (10 Ariary)
100 FMG (20 Ariary)
500 FMG (100 Ariary)
1000 FMG (200 Ariary)
2500 FMG (500 Ariary)
5000 FMG (1000 Ariary)

edit this box (*http://www.biocrawler.com/w/index.php?title=Template:AfricanCurrencies&action=edit*)
Currencies of Africa
North	Algerian dinar \| Egyptian pound \| Libyan dinar \| Mauritanian Ouguiya \| Moroccan Dirham \| Sudanese dinar \| Tunisian dinar
Central	Burundi franc \| Central African CFA franc (Cameroon, Central African Republic, Chad, Republic of the Congo, Equatorial Guinea, and Gabon)) \| Congolese franc \| Angolan Kwanza \| Rwandan franc
West	Cape Verde Escudo \| Gambian Dalasi \| Ghanaian Cedi \| Guinean franc \| Biffeche Dinar-Haut \| Liberian dollar \| Nigerian Naira \| São Tomé and Príncipe Dobra \| Sierra Leonean Leone \| West African CFA franc (Benin, Burkina Faso, Côte d'Ivoire, Guinea-Bissau, Mali, Niger, Senegal, and Togo)
East	Comorian franc \| Djiboutian franc \| Eritrean Nakfa \| Ethiopian Birr \| Kenyan shilling \| Seychelles Rupee \| Somali shilling \| Tanzanian shilling \| Ugandan shilling
South	Botswana Pula \| Euro (Réunion) \| Lesotho Loti \| Malawian kwacha \| Malagasy ariary \| Mauritian Rupee \| Mozambique Metical \| Namibian dollar \| Saint Helenian pound \| South African Rand \| Swaziland Lilangeni \| Zambian Kwacha \| Zimbabwe dollar </table>