Convert Malagasy Ariary to Libyan Dinar
Please provide values below to convert Malagasy Ariary [MGA] to Libyan Dinar [LYD], or Convert Libyan Dinar to Malagasy Ariary.
How to Convert Malagasy Ariary to Libyan Dinar
1 MGA = 815.820081061164 LYD
Example: convert 15 MGA to LYD:
15 MGA = 15 × 815.820081061164 LYD = 12237.3012159175 LYD
Malagasy Ariary to Libyan Dinar Conversion Table
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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.
Libyan Dinar
The Libyan Dinar (LYD) is the official currency of Libya, used for all monetary transactions within the country.
History/Origin
The Libyan Dinar was introduced in 1971, replacing the Libyan Pound at par, and has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the LYD is actively used in Libya for everyday transactions, banking, and international trade, with the Central Bank of Libya managing its issuance and regulation.