Dety charges 10,000 ariary
($2.7/2.5 euros), while Lucie asks for 200,000 ($55.4/50 euros).
I've also been told that some Campbell Malagasy words are very similar to Welsh, for example Malagasy's currency is ariary
, while arian means money, or silver, in Welsh.
They are paid 9 ariary
($0.0028) per brick which amounts to about 50 US cents per day.
And, in 1972, the ever-present image of former Governor General Joseph Gallieni on the colonial monetary currency, the Madagascar-Comores CFA franc, was replaced by depictions of local flora and fauna and classic, romanticized Malagasy ethnic portraiture on the newly minted Malagasy franc (renamed again in 2005 as the Malagasy ariary
As a result, the Malagasy Ariary
has appreciated slightly in real effective terms, and the Central Bank of Madagascar has boosted international reserves significantly, well beyond program targets.
It also said that it will launch four new Malagasy ariary
banknotes this month and another four later in the year.
But the island's currency, the Ariary
, has depreciated by about 15 percent against the US dollar so far in 2014, while foreign exchange reserves of the central bank have dwindled somewhat.
In its place, blankets imported from China, which retail for around 10,000 Ariary
(roughly $5) (as opposed to the 30,000 - 70,000 Malagasy Ariary
that a blanket made by Somacou can cost, depending on quality), now command 80 per cent of the market share.
A micro-credit scheme called Credimadio lends 14,000 ariary
(around $6) with favourable repayment terms in three instalments.
In 2010, SAMIFIN identified ariary
316,704 billion (approximately $158 million) of suspicious transactions in the construction, logging and mining sectors.
All costs were converted to US dollars using the average exchange rate during the study period (US$1 = 1,802 Madagascar Ariary
For category 6, tax rate is 1% of the market value Developed property: between 5 and 10% but may not be less than 2,000 Ariary
per building (20.) Valuation Cycle/ Categories 1 to 6: Responsibility for every four years Valuation based on municipal councils' discretion.