Malagasy ariary

E147400

The Malagasy ariary is the official monetary unit of Madagascar, used for all financial transactions and economic activities in the country.

All labels observed (1)

Label Occurrences
Malagasy ariary canonical 2

How this entity was disambiguated

Statements (35)

Predicate Object
instanceOf currency
legal tender
category currencies of Africa
centralBank Banky Foiben’i Madagasikara
country Madagascar
denominationType banknotes
coins
exchangeRateAtReplacement 1 ariary = 5 Malagasy francs
hasSubunitNameMeaning iraimbilanja means "one iron" in Malagasy
initiallyCoexistedWith Malagasy franc
introducedAsDecimalCurrency 2005
introducedDate 1 January 2005
ISO4217Code MGA
issuingAuthority Central Bank of Madagascar
languageOnCurrency French
Malagasy
legalTenderStatus legal tender in Madagascar
monetaryAuthority Government of Madagascar
monetarySystem fiat money system
officialCurrencyOf Madagascar
region Africa
replacedCurrency Malagasy franc
subunit iraimbilanja
subunitToUnitRatio 5 iraimbilanja = 1 ariary
symbol Ar
usedFor accounting in Madagascar
all financial transactions in Madagascar
banking operations in Madagascar
domestic payments in Madagascar
government budgeting in Madagascar
pricing of goods and services in Madagascar
tax payments in Madagascar
wages and salaries in Madagascar
usedIn Madagascar
valueNotation decimal

How these facts were elicited

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

Madagascar currency Malagasy ariary
Antananarivo currency Malagasy ariary