Convert Haitian Gourde to Malagasy Ariary
Please provide values below to convert Haitian Gourde [HTG] to Malagasy Ariary [MGA], or Convert Malagasy Ariary to Haitian Gourde.
How to Convert Haitian Gourde to Malagasy Ariary
1 HTG = 0.0296130675278846 MGA
Example: convert 15 HTG to MGA:
15 HTG = 15 × 0.0296130675278846 MGA = 0.444196012918269 MGA
Haitian Gourde to Malagasy Ariary Conversion Table
| Haitian Gourde | Malagasy Ariary |
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Haitian Gourde
The Haitian Gourde (HTG) is the official currency of Haiti, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Haitian Gourde was introduced in 1875, replacing the Haitian franc, to modernize the country's currency system. It has undergone various reforms and devaluations over the years, with the current form established in the late 20th century.
Current Use
Today, the Haitian Gourde is the primary currency used in Haiti for all financial transactions, including retail, banking, and government operations. It is also used in currency exchange within the country.
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.