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Malagasy Ariary
The ariary (sign: Ar; ISO 4217 code MGA) is the currency of Madagascar. It is subdivided into 5 iraimbilanja and is one of only two non-decimal currencies currently circulating (the other is the Mauritanian ouguiya). The names ariary and iraimbilanja derive from the pre-colonial currency, with ariary being the name for a silver dollar. Iraimbilanja means literally "one iron weight" and was the name of an old coin worth ⅕ of an ariary.
ISO 4217 codeMGA
Central bankBanque Centrale de Madagascar
Websitewww.banque-centrale.mg
User(s)Madagascar
Subunit ⅕iraimbilanja
Coins1, 2 iraimbilanja, Ar1, 2, 4, 5, 10, 20, 50
BanknotesAr100, 200, 500, 1000, 2000, 5000, 10,000
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