GK
CURRENCIES OF THE WORLD
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is the national currency of Madagascar?
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Malagasy ariary
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Madagascar franc
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Madagascar peseta
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Madagascar ringgit
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Explanation:
Detailed explanation-1: -The Malagasy Ariary (MGA) is the local currency of Madagascar. The most accepted foreign currency is the Euro, but US dollars and GBP are easily changed.
Detailed explanation-2: -Currency can be bought only at banks and official bureaux de change in hotels and at the airport in Antananarivo. Exchange rates in hotels are less-favourable than other outlets. The Ariary is a non-convertible currency and cannot be exchanged back into tradable currency.
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