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 ) = 0.046200083964616 Guyanese Dollar (GYD)

1 MGA = 0.046200083964616 GYD

1 GYD = 21.644982307086 MGA

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1 Malagasy Ariary ( MGA ) Is equal to 0.046200083964616 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	=	0.231 GYD
10 MGA	=	0.462 GYD
15 MGA	=	0.693 GYD
20 MGA	=	0.924 GYD
25 MGA	=	1.155 GYD
30 MGA	=	1.386 GYD
35 MGA	=	1.617 GYD
40 MGA	=	1.848 GYD
45 MGA	=	2.079 GYD
50 MGA	=	2.31 GYD
55 MGA	=	2.541 GYD
60 MGA	=	2.772 GYD
65 MGA	=	3.003 GYD
70 MGA	=	3.234 GYD
75 MGA	=	3.465 GYD
80 MGA	=	3.696 GYD
85 MGA	=	3.927 GYD
90 MGA	=	4.158 GYD
95 MGA	=	4.389 GYD
100 MGA	=	4.62 GYD
105 MGA	=	4.851 GYD
110 MGA	=	5.082 GYD
115 MGA	=	5.313 GYD
120 MGA	=	5.544 GYD
125 MGA	=	5.775 GYD
130 MGA	=	6.006 GYD
135 MGA	=	6.237 GYD
140 MGA	=	6.468 GYD
145 MGA	=	6.699 GYD
150 MGA	=	6.93 GYD
155 MGA	=	7.161 GYD
160 MGA	=	7.392 GYD
165 MGA	=	7.623 GYD
170 MGA	=	7.854 GYD
175 MGA	=	8.085 GYD
180 MGA	=	8.316 GYD
185 MGA	=	8.547 GYD
190 MGA	=	8.778 GYD
195 MGA	=	9.009 GYD
200 MGA	=	9.24 GYD
205 MGA	=	9.471 GYD
210 MGA	=	9.702 GYD
215 MGA	=	9.933 GYD
220 MGA	=	10.164 GYD
225 MGA	=	10.395 GYD
230 MGA	=	10.626 GYD
235 MGA	=	10.857 GYD
240 MGA	=	11.088 GYD
245 MGA	=	11.319 GYD
250 MGA	=	11.55 GYD
255 MGA	=	11.781 GYD
260 MGA	=	12.012 GYD
265 MGA	=	12.243 GYD
270 MGA	=	12.474 GYD
275 MGA	=	12.705 GYD
280 MGA	=	12.936 GYD
285 MGA	=	13.167 GYD
290 MGA	=	13.398 GYD
295 MGA	=	13.629 GYD
300 MGA	=	13.86 GYD
305 MGA	=	14.091 GYD
310 MGA	=	14.322 GYD
315 MGA	=	14.553 GYD
320 MGA	=	14.784 GYD
325 MGA	=	15.015 GYD
330 MGA	=	15.246 GYD
335 MGA	=	15.477 GYD
340 MGA	=	15.708 GYD
345 MGA	=	15.939 GYD
350 MGA	=	16.17 GYD
355 MGA	=	16.401 GYD
360 MGA	=	16.632 GYD
365 MGA	=	16.863 GYD
370 MGA	=	17.094 GYD
375 MGA	=	17.325 GYD
380 MGA	=	17.556 GYD
385 MGA	=	17.787 GYD
390 MGA	=	18.018 GYD
395 MGA	=	18.249 GYD
400 MGA	=	18.48 GYD
405 MGA	=	18.711 GYD
410 MGA	=	18.942 GYD
415 MGA	=	19.173 GYD
420 MGA	=	19.404 GYD
425 MGA	=	19.635 GYD
430 MGA	=	19.866 GYD
435 MGA	=	20.097 GYD
440 MGA	=	20.328 GYD
445 MGA	=	20.559 GYD
450 MGA	=	20.79 GYD
455 MGA	=	21.021 GYD
460 MGA	=	21.252 GYD
465 MGA	=	21.483 GYD
470 MGA	=	21.714 GYD
475 MGA	=	21.945 GYD
480 MGA	=	22.176 GYD
485 MGA	=	22.407 GYD
490 MGA	=	22.638 GYD
495 MGA	=	22.869 GYD
500 MGA	=	23.1 GYD

Convertion Chart GYD to MGA
Guyanese Dollar		MGA


5 GYD	=	108.2249 MGA
10 GYD	=	216.4498 MGA
15 GYD	=	324.6747 MGA
20 GYD	=	432.8996 MGA
25 GYD	=	541.1246 MGA
30 GYD	=	649.3495 MGA
35 GYD	=	757.5744 MGA
40 GYD	=	865.7993 MGA
45 GYD	=	974.0242 MGA
50 GYD	=	1082.2491 MGA
55 GYD	=	1190.474 MGA
60 GYD	=	1298.6989 MGA
65 GYD	=	1406.9238 MGA
70 GYD	=	1515.1488 MGA
75 GYD	=	1623.3737 MGA
80 GYD	=	1731.5986 MGA
85 GYD	=	1839.8235 MGA
90 GYD	=	1948.0484 MGA
95 GYD	=	2056.2733 MGA
100 GYD	=	2164.4982 MGA
105 GYD	=	2272.7231 MGA
110 GYD	=	2380.9481 MGA
115 GYD	=	2489.173 MGA
120 GYD	=	2597.3979 MGA
125 GYD	=	2705.6228 MGA
130 GYD	=	2813.8477 MGA
135 GYD	=	2922.0726 MGA
140 GYD	=	3030.2975 MGA
145 GYD	=	3138.5224 MGA
150 GYD	=	3246.7473 MGA
155 GYD	=	3354.9723 MGA
160 GYD	=	3463.1972 MGA
165 GYD	=	3571.4221 MGA
170 GYD	=	3679.647 MGA
175 GYD	=	3787.8719 MGA
180 GYD	=	3896.0968 MGA
185 GYD	=	4004.3217 MGA
190 GYD	=	4112.5466 MGA
195 GYD	=	4220.7715 MGA
200 GYD	=	4328.9965 MGA
205 GYD	=	4437.2214 MGA
210 GYD	=	4545.4463 MGA
215 GYD	=	4653.6712 MGA
220 GYD	=	4761.8961 MGA
225 GYD	=	4870.121 MGA
230 GYD	=	4978.3459 MGA
235 GYD	=	5086.5708 MGA
240 GYD	=	5194.7958 MGA
245 GYD	=	5303.0207 MGA
250 GYD	=	5411.2456 MGA
255 GYD	=	5519.4705 MGA
260 GYD	=	5627.6954 MGA
265 GYD	=	5735.9203 MGA
270 GYD	=	5844.1452 MGA
275 GYD	=	5952.3701 MGA
280 GYD	=	6060.595 MGA
285 GYD	=	6168.82 MGA
290 GYD	=	6277.0449 MGA
295 GYD	=	6385.2698 MGA
300 GYD	=	6493.4947 MGA
305 GYD	=	6601.7196 MGA
310 GYD	=	6709.9445 MGA
315 GYD	=	6818.1694 MGA
320 GYD	=	6926.3943 MGA
325 GYD	=	7034.6192 MGA
330 GYD	=	7142.8442 MGA
335 GYD	=	7251.0691 MGA
340 GYD	=	7359.294 MGA
345 GYD	=	7467.5189 MGA
350 GYD	=	7575.7438 MGA
355 GYD	=	7683.9687 MGA
360 GYD	=	7792.1936 MGA
365 GYD	=	7900.4185 MGA
370 GYD	=	8008.6435 MGA
375 GYD	=	8116.8684 MGA
380 GYD	=	8225.0933 MGA
385 GYD	=	8333.3182 MGA
390 GYD	=	8441.5431 MGA
395 GYD	=	8549.768 MGA
400 GYD	=	8657.9929 MGA
405 GYD	=	8766.2178 MGA
410 GYD	=	8874.4427 MGA
415 GYD	=	8982.6677 MGA
420 GYD	=	9090.8926 MGA
425 GYD	=	9199.1175 MGA
430 GYD	=	9307.3424 MGA
435 GYD	=	9415.5673 MGA
440 GYD	=	9523.7922 MGA
445 GYD	=	9632.0171 MGA
450 GYD	=	9740.242 MGA
455 GYD	=	9848.4669 MGA
460 GYD	=	9956.6919 MGA
465 GYD	=	10064.9168 MGA
470 GYD	=	10173.1417 MGA
475 GYD	=	10281.3666 MGA
480 GYD	=	10389.5915 MGA
485 GYD	=	10497.8164 MGA
490 GYD	=	10606.0413 MGA
495 GYD	=	10714.2662 MGA
500 GYD	=	10822.4912 MGA