Convert Malagasy Ariary to Bangladeshi Taka
Please provide values below to convert Malagasy Ariary [MGA] to Bangladeshi Taka [BDT], or Convert Bangladeshi Taka to Malagasy Ariary.
How to Convert Malagasy Ariary to Bangladeshi Taka
1 MGA = 36.3977883205439 BDT
Example: convert 15 MGA to BDT:
15 MGA = 15 × 36.3977883205439 BDT = 545.966824808159 BDT
Malagasy Ariary to Bangladeshi Taka Conversion Table
| Malagasy Ariary | Bangladeshi Taka |
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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.
Bangladeshi Taka
The Bangladeshi Taka (BDT) is the official currency of Bangladesh, used for all monetary transactions within the country.
History/Origin
The Taka was introduced in 1972, replacing the Pakistani Rupee after Bangladesh gained independence. It has undergone various denominations and reforms over the years to stabilize and modernize the currency.
Current Use
The BDT is actively used in everyday transactions, banking, and international trade involving Bangladesh. It is managed by the Bangladesh Bank, the country's central bank.