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 is equal in value to one iraimbilanja. As of November 2018 the value of one iraimbilanja is about
US$0.000055/
¢0.055.
References
Currencies of Madagascar
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