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About this currency pair
Malagasy Ariary (MGA) — the currency of Madagascar
The ariary is unusual because it is historically divided into five iraimbilanja rather than following the more common 100-subunit pattern. The Malagasy Ariary is used in Madagascar, where it provides the reference for local prices, wages, public payments, bank accounts and invoices. Conversions are commonly used for remittances, import pricing, travel, development projects, commodity trade and comparisons with USD, EUR or regional currencies. For conversion pages, MGA is useful when translating local prices into major reference currencies or comparing historical and current market values.
Chinese Yuan (CNY) — a major international currency
The Chinese yuan is the onshore currency used in mainland China and is central to trade, manufacturing, ecommerce, travel and supply-chain pricing. CNY conversions are widely used by importers, exporters, online sellers and travelers comparing Chinese prices with USD, EUR and other Asian currencies.