Convert Barbadian Dollar to Malagasy Ariary
Please provide values below to convert Barbadian Dollar [BBD] to Malagasy Ariary [MGA], or Convert Malagasy Ariary to Barbadian Dollar.
How to Convert Barbadian Dollar to Malagasy Ariary
1 BBD = 0.000451643501344565 MGA
Example: convert 15 BBD to MGA:
15 BBD = 15 × 0.000451643501344565 MGA = 0.00677465252016848 MGA
Barbadian Dollar to Malagasy Ariary Conversion Table
| Barbadian Dollar | Malagasy Ariary |
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Barbadian Dollar
The Barbadian Dollar (BBD) is the official currency of Barbados, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, replacing the Barbadian Pound, the Barbadian Dollar was initially pegged to the British Pound and later to the US Dollar, maintaining stability through various monetary policies.
Current Use
The BBD is widely used in Barbados for everyday transactions, banking, and trade, and is pegged to the US Dollar at a fixed rate of 2 BBD to 1 USD.
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.