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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 South African Rand (ZAR) is the official currency of South Africa, as well as several neighboring countries. It is subdivided into 100 cents and is symbolized by the 'R' sign. The Rand is a vital part of the South African economy, facilitating trade and investment both domestically and internationally.