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Easily convert UGX to MGA with ConvertOnline's efficient tool.
The Ugandan Shilling (UGX) is the official currency of Uganda, introduced in 1987 to replace the Uganda pound. It is subdivided into 100 cents and is issued by the Bank of Uganda, which plays a crucial role in managing the country's monetary policy and ensuring the stability of the currency.
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.