Convert Malagasy Ariary to Guyanaese Dollar
Please provide values below to convert Malagasy Ariary [MGA] to Guyanaese Dollar [GYD], or Convert Guyanaese Dollar to Malagasy Ariary.
How to Convert Malagasy Ariary to Guyanaese Dollar
1 MGA = 21.1584314860976 GYD
Example: convert 15 MGA to GYD:
15 MGA = 15 × 21.1584314860976 GYD = 317.376472291464 GYD
Malagasy Ariary to Guyanaese Dollar Conversion Table
| Malagasy Ariary | Guyanaese Dollar |
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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.
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.