madagascar franc
Học thuậtThân thiện
Definition
Noun: 1. The basic unit of money in Madagascar: The Madagascar franc was the official currency of Madagascar until 2005, when it was replaced by the Malagasy ariary. It served as the standard monetary unit for pricing goods and services within the country.
Usage Examples
- Noun:
- Before 2005, prices in the market were listed in Madagascar franc.
- The old coin was worth five Madagascar francs.
- He exchanged his dollars for Madagascar francs at the bank.
Advanced Usage
- Historical/Numismatic Context: The term is now primarily used in historical or financial discussions about Madagascar's economy before 2005, or by collectors of world currency (numismatists).
- Numismatists value certain series of the Madagascar franc highly.
Variants and Related Words
- Franc (n): A general term for several currencies, originally French, used in various countries. The Madagascar franc was one specific instance.
- Malagasy ariary (n): The currency that replaced the Madagascar franc as the basic unit of money in Madagascar.
- FMG: The common abbreviation for the Madagascar franc (Franc Malgache).
Synonyms
- Monetary unit: A standard unit of value of a country's currency.
- Currency: A system of money in general use in a particular country. (Note: This is a broader term; the Madagascar franc was a specific of currency.)
Related Phrases
- Out of circulation: No longer issued or used as legal tender. This phrase describes the current status of the Madagascar franc.
- The Madagascar franc has been out of circulation for nearly two decades.
Noun
- the basic unit of money in Madagascar