Convert Guyanaese Dollar to Malagasy Ariary
Please provide values below to convert Guyanaese Dollar [GYD] to Malagasy Ariary [MGA], or Convert Malagasy Ariary to Guyanaese Dollar.
How to Convert Guyanaese Dollar to Malagasy Ariary
1 GYD = 0.0472624826021278 MGA
Example: convert 15 GYD to MGA:
15 GYD = 15 × 0.0472624826021278 MGA = 0.708937239031917 MGA
Guyanaese Dollar to Malagasy Ariary Conversion Table
| Guyanaese Dollar | Malagasy Ariary |
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Guyanaese Dollar
The Guyanese Dollar (GYD) is the official currency of Guyana, used for all monetary transactions within the country.
History/Origin
The Guyanese Dollar was introduced in 1957, replacing the British West Indian dollar, and has undergone various redenominations and economic reforms since then.
Current Use
The GYD is widely used in Guyana for everyday transactions, banking, and trade, and is also accepted in some neighboring regions.
Malagasy Ariary
The Malagasy Ariary (MGA) is the official currency of Madagascar, used for all monetary transactions within the country.
History/Origin
The Ariary was introduced in 1961, replacing the Malagasy franc, and was initially pegged to the French franc. It was revalued in 2005, establishing the current decimal system and modernizing the currency.
Current Use
The MGA is actively used as Madagascar's legal tender, with coins and banknotes circulating throughout the country for everyday transactions and commerce.