The iraimbilanja (singular and plural) is the divisory currency unit of
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 ...
, being equal to one fifth of an
ariary
The ariary (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 ...
.
Etymology
Iraimbilanja means literally "one iron weight" and was the name of an old coin worth of an ariary.
Value
The old
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''.
H ...
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
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