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The Malagasy Ariary (MGA) is the official currency of Madagascar, a country located off the southeastern coast of Africa. Introduced in 2005, it replaced the former Malagasy franc at a rate of 1,000 francs to 1 ariary, serving as a medium of exchange for goods and services within the nation.
The Egyptian Pound (EGP) is the official currency of Egypt, used for all transactions within the country. It is subdivided into 100 piastres and is symbolized by the abbreviation 'LE' or the Arabic 'ج.م'. The currency is issued and regulated by the Central Bank of Egypt, playing a crucial role in the nation's economy.