Malagasy ariary
ariary

The currency, the Malagasy Ariary (MGA) may not be exported.

Malagasy ariary (MGA) lang.

On 1 January 2005, the Malagasy ariary replaced the previous currency at a rate of one ariary for five Malagasy francs.

And, since 2005, the Malagasy ariary (MGA), issued by the Banque Centrale de Madagascar, has been the country's currency.

Upon taking office, he was confronted with redressing the city's treasury, which had accumulated 8.2 billion Malagasy Ariary (approximately 4.6 million U.S. dollars) in debts under previous mayors, including Ravalomanana himself.

Mauritania and Madagascar are the only remaining countries that do not use the decimal system; instead, the Mauritanian ouguiya is in theory divided into 5 khoums, while the Malagasy ariary is theoretically divided into 5 iraimbilanja.

Mauritania and Madagascar theoretically retain currencies with units whose values are in the ratio five to one: the Mauritanian ouguiya (MRO) is equivalent to five khoums, and the Malagasy ariary (MGA) to five iraimbilanja.

The only current non-decimal currencies are the Malagasy ariary (equal to five iraimbilanja) and the Mauritanian ouguiya (equal to five khoums), though in practice both just have one currency unit and no sub-unit because khoums and iraimbilanja are no longer minted.

Effective January 1, 2005, imports from Madagascar should be coded with the International Organization for Standardization (ISO) for purposes of completing Field No. 17 – Currency Code "MGA" (Malagasy Ariary) on the Form B3, Canada Customs Coding Form.