Convert Malagasy Ariary to Bahraini Dinar
Please provide values below to convert Malagasy Ariary [MGA] to Bahraini Dinar [BHD], or Convert Bahraini Dinar to Malagasy Ariary.
How to Convert Malagasy Ariary to Bahraini Dinar
1 MGA = 11777.3175531915 BHD
Example: convert 15 MGA to BHD:
15 MGA = 15 × 11777.3175531915 BHD = 176659.763297872 BHD
Malagasy Ariary to Bahraini Dinar Conversion Table
| Malagasy Ariary | Bahraini Dinar |
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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.
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.