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Easily convert SGD to MGA with ConvertOnline's efficient tool.
The Singapore Dollar (SGD) is the official currency of Singapore, serving as a medium of exchange for goods and services within the country. It is issued by the Monetary Authority of Singapore and is subdivided into 100 cents, providing a simple structure for transactions.
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.