Malagasy Ariary to Bolivian boliviano

The Malagasy ariary (sign Ar., code MGA) is the currency of Madagascar, but is also used for payment on the territory of Mauritania. The ariary is exchanged into iriambilanja.

One MGA equals 5 iriambilanja. The Malagasy ariary has been issued since 2005. The currency officially replaced the Malagasy franc. At the moment, the notes that have been issued since 2003 are mostly in circulation. Old series are being gradually taken out of circulation and replaced by the new one.

The boliviano (sign Bs, code BOB) is the national currency of the country located is South America – Bolivia. Small coins called centavo are used as change for the Bolivian boliviano. One boliviano has 100 centavos.

The currency has first been issued in the 18th century, and was used between 1864 and 1963. Later, the country used peso, but due to inflation in 1987, the government came back to BOB once again. The rate of the modern boliviano is connected to the American dollar. After the 80s hyperinflation, the population was still using the old notes as change. There have been special seals put on them to reduce denomination.