1 MGA to GYD Guyanese Dollar

December 18, 2022 by pkr_to_usd_786

1 MGA to GYD Guyanese Dollar
Madagascar Ariary , The ariary (sign: Ar; ISO 4217 code MGA) is the currency of Madagascar. It is notionally subdivided into 5 iraimbilanja and is one of only … >>> Find out more from wikipedia. category >>> MGA

1 MGA to GYD Guyanese Dollar

1 Malagasy Ariary ( MGA ) = 0.046139146920135 Guyanese Dollar (GYD)

1 MGA = 0.046139146920135 GYD

1 GYD = 21.673569338656 MGA

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1 Malagasy Ariary ( MGA ) Is equal to 0.046139146920135 Guyanese Dollar (GYD)
Madagascar Ariary
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Malagasy Ariary

Madagascar Ariary , The ariary (sign: Ar; ISO 4217 code MGA) is the currency of Madagascar. It is notionally subdivided into 5 iraimbilanja and is one of only two non-decimal currencies currently circulating (the other is the Mauritanian ouguiya). The names ariary and iraimbilanja derive from the pre-colonial currency, with ariary (from the Spanish word "real") being the name for a silver dollar. Iraimbilanja means literally "one iron weight" and was the name of an old coin worth 1⁄5 of an ariary. However, as of 2021 the unit is effectively obsolete, since one iraimbilanja is worth less than US$0.005 and the coins have fallen into disuse. The ariary was introduced in 1961. It was equal to 5 Malagasy francs. Coins and banknotes were issued denominated in both francs and ariary, with the sub-unit of the ariary, the iraimbilanja, worth 1⁄5 of an ariary and therefore equal to the franc. The ariary replaced the franc as the official currency of Madagascar on January 1, 2005. Coins and banknotes were denominated in both the official francs and the semi-official ariary and iraimbilanja since 1961. On early issues, the franc denomination was the most prominent. However, from 1978, higher value coins were issued denominated only in ariary. In 1993, new 500 ariary-2500 franc note and 5000 ariary-25,000 franc were issued with ariary slightly more prominent. On banknotes issued since July 31, 2003, the ariary denomination is displayed prominently and the franc denomination in small print. Lower denomination coins are also now issued denominated in ariary but with the main design unchanged. Find out more from wikipedia

Guyanese Dollar

Guyana Dollar ,The Guyanese dollar has been the unit of account in Guyana since January 29, 1839. It was originally conceived as a transitional unit to facilitate the transition from the Dutch guilder currency system to the British pound sterling system. What is the Guyanese Dollar (GYD)? The term Guyanese dollar (GYD) refers to the official currency of Guyana. Created as legal tender in the 1800s, the dollar is printed and backed by the country's central bank, the Bank of Guyana. It is denoted by the symbols $ and G$ and is commonly referred to as GYD in the foreign exchange market. A dollar consists of 100 cents. Banknotes range from US$20 to US$5,000, while coins range from US$1 to US$100. Although the Guyanese dollar is not pegged to any other currency, it is often exchanged for the US dollar. Understanding the Guyanese Dollar (GYD) The Guyanese dollar (GYD) began in 1839 as a transitional currency from the Dutch guilder to the British pound sterling (GBP). The pound has been used in Guyana and other parts of the British West Indies for many years. It lasted mostly until the country gained independence from Britain on 26 May 1966, when the GYD first appeared in its current form. The central bank is responsible for monetary and fiscal policy in the country, as well as the printing and servicing of dollars. The Bank of Guyana was founded in 1965 and is the only institution authorized to issue and redeem banknotes and coins. The bank issues banknotes of 20, 50, 100, 500, 1000 and 5000 dollars. Coins are minted in denominations of 1, 5, 10 and 100 US dollars. The exchange rate between the Guyanese dollar and the US dollar is practically unchanged. As of March 31, 2021, one Guyanese dollar was worth $0.0048. This means that it takes about $210 to earn just one full US dollar. Hard currency is widely used in the country, so it's best to have cash with you. Credit cards are rarely used outside of Georgetown's main tourist areas, and foreign cards are generally not accepted at automated teller machines (ATMs). Currency can be exchanged at banks and hotels. But exchange offices or kombuses usually offer better exchange rates. Most retailers in tourist areas, including hotels and restaurants, accept US dollars. Special Considerations Guyana has a population of approximately 785,000 and is located along the North Atlantic coast of South America. The country is known for its rainforests and trade in commodities, especially sugar. More current exports include gold and bauxite, the latter of which is used in aluminum production. In 2015, Exxon Mobil (XOM) discovered an offshore oil field. The company said it expects the reserve to be worth 12 times the national economy. At the opening, the company said it could potentially store 700 million barrels of oil, but raised that estimate to 3.2 billion barrels. Production started in 2019. The company said in 2020 that the facility may not be financially viable, but remains committed to the project. 6.4% Inflation rate in Guyana as of August 2022. By 2021, gross domestic product (GDP) per capita was less than $12,000, equivalent to 87% of the global average. Thus, there is little interest in GYD among currency traders in the global forex market. The trading volume in the list of top currency pairs remains very low. In fact, the Guyanese dollar is not even a popular regional currency.
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Convertion Chart MGA to GYD
MGA		GYD


5 MGA	=	0.2307 GYD
10 MGA	=	0.4614 GYD
15 MGA	=	0.6921 GYD
20 MGA	=	0.9228 GYD
25 MGA	=	1.1535 GYD
30 MGA	=	1.3842 GYD
35 MGA	=	1.6149 GYD
40 MGA	=	1.8456 GYD
45 MGA	=	2.0763 GYD
50 MGA	=	2.307 GYD
55 MGA	=	2.5377 GYD
60 MGA	=	2.7683 GYD
65 MGA	=	2.999 GYD
70 MGA	=	3.2297 GYD
75 MGA	=	3.4604 GYD
80 MGA	=	3.6911 GYD
85 MGA	=	3.9218 GYD
90 MGA	=	4.1525 GYD
95 MGA	=	4.3832 GYD
100 MGA	=	4.6139 GYD
105 MGA	=	4.8446 GYD
110 MGA	=	5.0753 GYD
115 MGA	=	5.306 GYD
120 MGA	=	5.5367 GYD
125 MGA	=	5.7674 GYD
130 MGA	=	5.9981 GYD
135 MGA	=	6.2288 GYD
140 MGA	=	6.4595 GYD
145 MGA	=	6.6902 GYD
150 MGA	=	6.9209 GYD
155 MGA	=	7.1516 GYD
160 MGA	=	7.3823 GYD
165 MGA	=	7.613 GYD
170 MGA	=	7.8437 GYD
175 MGA	=	8.0744 GYD
180 MGA	=	8.305 GYD
185 MGA	=	8.5357 GYD
190 MGA	=	8.7664 GYD
195 MGA	=	8.9971 GYD
200 MGA	=	9.2278 GYD
205 MGA	=	9.4585 GYD
210 MGA	=	9.6892 GYD
215 MGA	=	9.9199 GYD
220 MGA	=	10.1506 GYD
225 MGA	=	10.3813 GYD
230 MGA	=	10.612 GYD
235 MGA	=	10.8427 GYD
240 MGA	=	11.0734 GYD
245 MGA	=	11.3041 GYD
250 MGA	=	11.5348 GYD
255 MGA	=	11.7655 GYD
260 MGA	=	11.9962 GYD
265 MGA	=	12.2269 GYD
270 MGA	=	12.4576 GYD
275 MGA	=	12.6883 GYD
280 MGA	=	12.919 GYD
285 MGA	=	13.1497 GYD
290 MGA	=	13.3804 GYD
295 MGA	=	13.611 GYD
300 MGA	=	13.8417 GYD
305 MGA	=	14.0724 GYD
310 MGA	=	14.3031 GYD
315 MGA	=	14.5338 GYD
320 MGA	=	14.7645 GYD
325 MGA	=	14.9952 GYD
330 MGA	=	15.2259 GYD
335 MGA	=	15.4566 GYD
340 MGA	=	15.6873 GYD
345 MGA	=	15.918 GYD
350 MGA	=	16.1487 GYD
355 MGA	=	16.3794 GYD
360 MGA	=	16.6101 GYD
365 MGA	=	16.8408 GYD
370 MGA	=	17.0715 GYD
375 MGA	=	17.3022 GYD
380 MGA	=	17.5329 GYD
385 MGA	=	17.7636 GYD
390 MGA	=	17.9943 GYD
395 MGA	=	18.225 GYD
400 MGA	=	18.4557 GYD
405 MGA	=	18.6864 GYD
410 MGA	=	18.9171 GYD
415 MGA	=	19.1477 GYD
420 MGA	=	19.3784 GYD
425 MGA	=	19.6091 GYD
430 MGA	=	19.8398 GYD
435 MGA	=	20.0705 GYD
440 MGA	=	20.3012 GYD
445 MGA	=	20.5319 GYD
450 MGA	=	20.7626 GYD
455 MGA	=	20.9933 GYD
460 MGA	=	21.224 GYD
465 MGA	=	21.4547 GYD
470 MGA	=	21.6854 GYD
475 MGA	=	21.9161 GYD
480 MGA	=	22.1468 GYD
485 MGA	=	22.3775 GYD
490 MGA	=	22.6082 GYD
495 MGA	=	22.8389 GYD
500 MGA	=	23.0696 GYD

Convertion Chart GYD to MGA
Guyanese Dollar		MGA


5 GYD	=	108.3678 MGA
10 GYD	=	216.7357 MGA
15 GYD	=	325.1035 MGA
20 GYD	=	433.4714 MGA
25 GYD	=	541.8392 MGA
30 GYD	=	650.2071 MGA
35 GYD	=	758.5749 MGA
40 GYD	=	866.9428 MGA
45 GYD	=	975.3106 MGA
50 GYD	=	1083.6785 MGA
55 GYD	=	1192.0463 MGA
60 GYD	=	1300.4142 MGA
65 GYD	=	1408.782 MGA
70 GYD	=	1517.1499 MGA
75 GYD	=	1625.5177 MGA
80 GYD	=	1733.8855 MGA
85 GYD	=	1842.2534 MGA
90 GYD	=	1950.6212 MGA
95 GYD	=	2058.9891 MGA
100 GYD	=	2167.3569 MGA
105 GYD	=	2275.7248 MGA
110 GYD	=	2384.0926 MGA
115 GYD	=	2492.4605 MGA
120 GYD	=	2600.8283 MGA
125 GYD	=	2709.1962 MGA
130 GYD	=	2817.564 MGA
135 GYD	=	2925.9319 MGA
140 GYD	=	3034.2997 MGA
145 GYD	=	3142.6676 MGA
150 GYD	=	3251.0354 MGA
155 GYD	=	3359.4032 MGA
160 GYD	=	3467.7711 MGA
165 GYD	=	3576.1389 MGA
170 GYD	=	3684.5068 MGA
175 GYD	=	3792.8746 MGA
180 GYD	=	3901.2425 MGA
185 GYD	=	4009.6103 MGA
190 GYD	=	4117.9782 MGA
195 GYD	=	4226.346 MGA
200 GYD	=	4334.7139 MGA
205 GYD	=	4443.0817 MGA
210 GYD	=	4551.4496 MGA
215 GYD	=	4659.8174 MGA
220 GYD	=	4768.1853 MGA
225 GYD	=	4876.5531 MGA
230 GYD	=	4984.9209 MGA
235 GYD	=	5093.2888 MGA
240 GYD	=	5201.6566 MGA
245 GYD	=	5310.0245 MGA
250 GYD	=	5418.3923 MGA
255 GYD	=	5526.7602 MGA
260 GYD	=	5635.128 MGA
265 GYD	=	5743.4959 MGA
270 GYD	=	5851.8637 MGA
275 GYD	=	5960.2316 MGA
280 GYD	=	6068.5994 MGA
285 GYD	=	6176.9673 MGA
290 GYD	=	6285.3351 MGA
295 GYD	=	6393.703 MGA
300 GYD	=	6502.0708 MGA
305 GYD	=	6610.4386 MGA
310 GYD	=	6718.8065 MGA
315 GYD	=	6827.1743 MGA
320 GYD	=	6935.5422 MGA
325 GYD	=	7043.91 MGA
330 GYD	=	7152.2779 MGA
335 GYD	=	7260.6457 MGA
340 GYD	=	7369.0136 MGA
345 GYD	=	7477.3814 MGA
350 GYD	=	7585.7493 MGA
355 GYD	=	7694.1171 MGA
360 GYD	=	7802.485 MGA
365 GYD	=	7910.8528 MGA
370 GYD	=	8019.2207 MGA
375 GYD	=	8127.5885 MGA
380 GYD	=	8235.9563 MGA
385 GYD	=	8344.3242 MGA
390 GYD	=	8452.692 MGA
395 GYD	=	8561.0599 MGA
400 GYD	=	8669.4277 MGA
405 GYD	=	8777.7956 MGA
410 GYD	=	8886.1634 MGA
415 GYD	=	8994.5313 MGA
420 GYD	=	9102.8991 MGA
425 GYD	=	9211.267 MGA
430 GYD	=	9319.6348 MGA
435 GYD	=	9428.0027 MGA
440 GYD	=	9536.3705 MGA
445 GYD	=	9644.7384 MGA
450 GYD	=	9753.1062 MGA
455 GYD	=	9861.474 MGA
460 GYD	=	9969.8419 MGA
465 GYD	=	10078.2097 MGA
470 GYD	=	10186.5776 MGA
475 GYD	=	10294.9454 MGA
480 GYD	=	10403.3133 MGA
485 GYD	=	10511.6811 MGA
490 GYD	=	10620.049 MGA
495 GYD	=	10728.4168 MGA
500 GYD	=	10836.7847 MGA