|
Iraimbilanja
The iraimbilanja (singular and plural) is the divisory currency unit of Madagascar, being equal to one fifth of an ariary. Etymology Iraimbilanja means literally "one iron weight" and was the name of an old coin worth of an ariary. Value The old Malagasy franc is equal in value to one iraimbilanja. As of November 2018 the value of one iraimbilanja is about US$ The United States dollar (symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official ...0.000055/ ¢0.055. References Currencies of Madagascar {{Madagascar-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ariary
The ariary (currency sign, sign: Ar; ISO 4217 code MGA) is the currency of Madagascar. It is notionally 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 (from the Spanish word "Spanish colonial real, real") being the name for a silver dollar. Iraimbilanja means literally "one iron weight" and was the name of an old coin worth of an ariary. However, as of 2021 the unit is effectively obsolete, since one iraimbilanja is worth less than US$0.005 and the coins have fallen into disuse. History The ariary was introduced in 1961. It was equal to 5 Malagasy francs. Coins and banknotes were issued denominated in both francs and ariary, with the sub-unit of the ariary, the ''iraimbilanja'', worth of an ariary and therefore equal to the franc. The ariary replaced the franc as the official currency of Madagasca ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Malagasy Franc
The franc (ISO 4217 code ''MGF'') was the currency of Madagascar until January 1, 2005. It was subdivided into 100 centimes. In Malagasy the corresponding term for the franc is ''iraimbilanja'', and five Malagasy francs is called ''ariary''. History The first francs to circulate in Madagascar were French francs. These were supplemented during the First World War by emergency issues, including issues of postage stamps fixed to pieces of card in denominations of 0.05 up to 2 francs. The Banque de Madagascar was created on July 1, 1925, by the French government. The currency was issued by the government-owned ''Banque de Madagascar'' and was pegged at par to the French franc. Only banknotes were issued with French coins continuing to circulate. When the Comoro Islands became a separate French territory, the name of the issuing bank was changed to Banque de Madagascar et des Comores. The Madagascar-Comores CFA franc (XMCF) replaced the franc of Madagascar on December 26, 1945, with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Madagascar
Madagascar (; mg, Madagasikara, ), officially the Republic of Madagascar ( mg, Repoblikan'i Madagasikara, links=no, ; french: République de Madagascar), is an island country in the Indian Ocean, approximately off the coast of East Africa across the Mozambique Channel. At Madagascar is the world's List of island countries, second-largest island country, after Indonesia. The nation is home to around 30 million inhabitants and consists of the island of Geography of Madagascar, Madagascar (the List of islands by area, fourth-largest island in the world), along with numerous smaller peripheral islands. Following the prehistoric breakup of the supercontinent Gondwana, Madagascar split from the Indian subcontinent around 90 million years ago, allowing native plants and animals to evolve in relative isolation. Consequently, Madagascar is a biodiversity hotspot; over 90% of wildlife of Madagascar, its wildlife is endemic. Human settlement of Madagascar occurred during or befo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cent (currency)
The cent is a monetary unit of many national currencies that equals of the basic monetary unit. Etymologically, the word 'cent' derives from the Latin word meaning hundred. The cent sign is commonly a simple minuscule (lower case) letter . In North America, the c is crossed by a diagonal stroke or a vertical line (depending on typeface), yielding the character . The United States one cent coin is generally known by the nickname " penny", alluding to the British coin and unit of that name. Australia ended production of their 1¢ coin in 1992, as did Canada in 2012. Some Eurozone countries ended production of the 1 euro cent coin, most recently Italy in 2018. Symbol The cent may be represented by the cent sign, written in various ways according to the national convention and font choice. Most commonly seen forms are a minuscule letter ''c'' crossed by a diagonal stroke or a vertical line or by a simple ''c'', depending on the currency (''see below''). Cent amounts ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
