Convert Brunei Dollar to Malagasy Ariary
Please provide values below to convert Brunei Dollar [BND] to Malagasy Ariary [MGA], or Convert Malagasy Ariary to Brunei Dollar.
How to Convert Brunei Dollar to Malagasy Ariary
1 BND = 0.000288961512160253 MGA
Example: convert 15 BND to MGA:
15 BND = 15 × 0.000288961512160253 MGA = 0.00433442268240379 MGA
Brunei Dollar to Malagasy Ariary Conversion Table
| Brunei Dollar | Malagasy Ariary |
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Brunei Dollar
The Brunei Dollar (BND) is the official currency of Brunei, used for all monetary transactions within the country.
History/Origin
Introduced in 1967, the Brunei Dollar replaced the Malayan dollar and has been pegged to the Singapore Dollar since 1967, maintaining a fixed exchange rate.
Current Use
The Brunei Dollar is widely used in Brunei for everyday transactions, banking, and trade, and is also accepted in some neighboring regions due to its peg to the Singapore Dollar.
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.