1 MGF to KWD Kuwaiti Dinar
1 MGF to KWD Kuwaiti Dinar
Madagascar Franc
Madagascar Franc ,
The franc (ISO 4217 code MGF) was the currency of Madagascar until 1 January 2005. It was subdivided into 100 centimes. In Malagasy the corresponding term for the franc is iraimbilanja, and five Malagasy francs is called ariary.
The first francs to circulate in Madagascar were French francs. These were supplemented during the First World War by emergency issues, including issues of postage stamps fixed to pieces of card in denominations of 0.05 up to 2 francs.
Kuwait Dinar
Kuwait Dinar ,
The Kuwaiti dinar (Arabic: دينار كويتي, code: KWD) is the currency of Kuwait. It is sub-divided into 1,000.
The dinar was introduced in 1961 to replace the Gulf rupee, equal to the Indian rupee. It was initially equivalent to £1 stg.[4] As the rupee was fixed at 1/6d, that resulted in a conversion rate of Rs.13+1⁄3 to KD 1.
When Iraq invaded Kuwait in 1990, the Iraqi dinar replaced the Kuwaiti dinar as the currency and large quantities of banknotes were stolen byWiki
KWD