Convert Malagasy Ariary to Paraguayan Guarani
Please provide values below to convert Malagasy Ariary [MGA] to Paraguayan Guarani [PYG], or Convert Paraguayan Guarani to Malagasy Ariary.
How to Convert Malagasy Ariary to Paraguayan Guarani
1 MGA = 0.574195629816981 PYG
Example: convert 15 MGA to PYG:
15 MGA = 15 × 0.574195629816981 PYG = 8.61293444725472 PYG
Malagasy Ariary to Paraguayan Guarani Conversion Table
| Malagasy Ariary | Paraguayan Guarani |
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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.
Paraguayan Guarani
The Paraguayan Guarani (PYG) is the official currency of Paraguay, used for all monetary transactions within the country.
History/Origin
The Guarani was introduced in 1943, replacing the peso at a rate of 1 Guarani = 1 peso, and has undergone various redenominations and reforms since then to stabilize the economy.
Current Use
Today, the Guarani remains the national currency of Paraguay, widely used in everyday commerce, banking, and financial transactions across the country.