Iraimbilanja
Encyclopedia
The iraimbilanja is the divisory currency unit of Madagascar
, being equal to one fifth of an ariary. The old Malagasy franc
is equal in value to one iraimbilanja. As of early 2011 the value of one iraimbilanja is about US$0.0000989.
Madagascar
The Republic of Madagascar is an island country located in the Indian Ocean off the southeastern coast of Africa...
, being equal to one fifth of an ariary. The old Malagasy franc
Malagasy franc
The franc was the currency of Madagascar until January 1, 2005. It was subdivided into 100 centimes.-History:The first francs to circulate in Madagascar were French francs...
is equal in value to one iraimbilanja. As of early 2011 the value of one iraimbilanja is about US$0.0000989.