Convert Bahraini Dinar to Malagasy Ariary
Please provide values below to convert Bahraini Dinar [BHD] to Malagasy Ariary [MGA], or Convert Malagasy Ariary to Bahraini Dinar.
How to Convert Bahraini Dinar to Malagasy Ariary
1 BHD = 8.49089782527783e-05 MGA
Example: convert 15 BHD to MGA:
15 BHD = 15 × 8.49089782527783e-05 MGA = 0.00127363467379167 MGA
Bahraini Dinar to Malagasy Ariary Conversion Table
| Bahraini Dinar | Malagasy Ariary |
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Bahraini Dinar
The Bahraini Dinar (BHD) is the official currency of Bahrain, used for all monetary transactions within the country.
History/Origin
The Bahraini Dinar was introduced in 1965, replacing the Gulf rupee at par, and has undergone various redenominations and reforms to stabilize the economy and modernize the currency system.
Current Use
The BHD is widely used in Bahrain for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.
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.