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About the Malagasy Ariary
Madagascar, an island nation situated in the southeastern coast of Africa in the Indian Ocean official currency is Malagasy Ariary, which has a currency doe of MGA.
One Ariary is equal to five Iraimbilanja, which is the subdivision of the Ariary. The use of Iraimbilanja is uncommon, as prices tend to be stated in Ariary. The currency comes in Banknotes and Coins, however coins are less frequently used. Notes come in the denominations of 100, 200, 500, 1000, 2000, 5000 and 10,000.
When travelling Madagascar, please be aware that the exchange rate of the Malagasy Ariary can fluctuate. Check this with reliable financial sources or currency exchange services.