Convert Malagasy Ariary to Ghanaian Cedi
Please provide values below to convert Malagasy Ariary [MGA] to Ghanaian Cedi [GHS], or Convert Ghanaian Cedi to Malagasy Ariary.
How to Convert Malagasy Ariary to Ghanaian Cedi
1 MGA = 407.092555479968 GHS
Example: convert 15 MGA to GHS:
15 MGA = 15 × 407.092555479968 GHS = 6106.38833219952 GHS
Malagasy Ariary to Ghanaian Cedi Conversion Table
| Malagasy Ariary | Ghanaian Cedi |
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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.
Ghanaian Cedi
The Ghanaian Cedi (GHS) is the official currency of Ghana, used for all monetary transactions within the country.
History/Origin
The Cedi was introduced in 1965, replacing the Ghanaian Pound. It has undergone several redenominations, with the current decimalized form adopted in 2007 to facilitate easier transactions.
Current Use
Today, the GHS is widely used across Ghana for everyday purchases, banking, and financial transactions, and is actively traded in foreign exchange markets.