1 MGF to XBT Bitcoin

1 Malagasy Franc ( MGF ) = 1.7605665807414E-9 Bitcoin (XBT)

1 MGF = 1.7605665807414E-9 XBT

1 XBT = 567998967.45677 MGF

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1 Malagasy Franc ( MGF ) Is equal to 1.7605665807414E-9 Bitcoin (XBT)
Madagascar Franc
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Malagasy Franc

Madagascar Franc , The franc (ISO 4217 code MGF) was the currency of Madagascar until 1 January 2005. It was subdivided into 100 centimes. In Malagasy the corresponding term for the franc is iraimbilanja, and five Malagasy francs is called ariary. The first francs to circulate in Madagascar were French francs. These were supplemented during the First World War by emergency issues, including issues of postage stamps fixed to pieces of card in denominations of 0.05 up to 2 francs. The Banque de Madagascar was created on 1 July 1925 by the French government. The currency was issued by the government-owned Banque de Madagascar and was pegged at par to the French franc. Only banknotes were issued with French coins continuing to circulate. When the Comoro Islands became a separate French territory, the name of the issuing bank was changed to Banque de Madagascar et des Comores. The Madagascar-Comores CFA franc (XMCF) replaced the franc of Madagascar on 26 December 1945, with the creation of the other CFA francs. The CFA franc was worth 1.7 French francs until 1948 when a devaluation of the French currency increased the rate to 1 CFA franc = 2 French francs. When the new French franc was introduced in 1960, the rate became 1 CFA franc = 0.02 French francs. After independence from France, the privilege to issue banknotes was transferred to the Institut d'Émission Malgache on 31 December 1961. The CFA franc was replaced by the Malagasy franc on 1 July 1963. It was pegged to the French franc with the same value as the CFA franc (1 FRF = 50 MGF), guaranteed by the French treasury. Denominations were given both in francs and ariary, with 5 francs = 1 ariary. Madagascar left the CFA franc zone in 1972 and the Malagasy franc was declared inconvertible. Banknotes were issued by the Institut d'Émission Malgache until 1974 when the Banque Centrale de Madagascar (Central Bank of Madagascar) took over that function. The peg to the French franc was kept until 1982 when a series of devaluations began. Finally, the franc was floated freely in May 1994. On 1 June 1995 the exchange rate had dropped to 1 FRF = 777 MGF. On 1 January 2005 it was replaced by the ariary at a rate of 5 francs to the ariary. By then, the exchange rate was 1 EUR = 11,531 MGF (with one euro = 6.55957 FRF). The first Malagasy coins were issued in 1943 by the Free French. These were bronze 50 centime and 1 franc coins bearing the Cross of Lorraine symbol. In 1948, aluminum 1 and 2 franc coins were introduced, followed by aluminum 5 francs and aluminum bronze 10 and 20 francs in 1953. From 1965, coins were issued denominated in both francs and ariary. Find out more from wikipedia

Bitcoin

BTC , Bitcoin (abbreviation: BTC[a] or XBT[b]; sign: ₿) is a protocol which implements a highly available, public, and decentralized ledger. In order to update the ledger, a user must prove they control an entry in the ledger. The protocol specifies that the entry indicates an amount of a token, bitcoin with a minuscule b. The user can update the ledger, assigning some of their bitcoin to another entry in the ledger. Because the token has characteristics of money, it can be thought of as a digital currency. Bitcoin transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. The cryptocurrency was invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto. The currency began use in 2009, when its implementation was released as open-source software.: ch. 1 The word "bitcoin" was defined in a white paper published on October 31, 2008. It is a compound of the words bit and coin. Bitcoin is legal in seven of the top ten world economies by GDP in 2022. ] The Library of Congress reports that, as of November 2021, nine countries have fully banned bitcoin use, while a further forty-two have implicitly banned it. A few governments have used bitcoin in some capacity. El Salvador has adopted Bitcoin as legal tender, although use by merchants remains low. Ukraine has accepted cryptocurrency donations to fund the resistance to the 2022 Russian invasion. Iran has used bitcoin to bypass sanctions. In the United States, there is "no intention" to ban Bitcoin. Bitcoin has been described as an economic bubble by at least eight recipients of the Nobel Memorial Prize in Economic Sciences. The environmental impact of bitcoin is worth noting. Its proof-of-work algorithm for bitcoin mining is designed to be computationally difficult, which requires the consumption of increasing quantities of electricity, the generation of which has contributed to climate change. According to the University of Cambridge, bitcoin has emitted an estimated 200 million metric tonnes of carbon dioxide since its launch, or about 0.04% of all carbon dioxide released since 2009. Bitcoin miners have an economic incentive to use the cheapest forms of energy. Renewable energy is the cheapest form of energy over time, so it is in a Bitcoin miner's economic interest to use the cheaper renewable energy when possible. For instance, the UNESCO World Heritage Site, Virunga National Park, in eastern Congo, Africa pays for its operations, using a profitable Bitcoin mining operation powered by the Park's hydroelectric plant. Oil and gas giant Exxon mines Bitcoin using the natural gas flared by oil mining operations to generate their electricity. Mining Bitcoin this way makes use of an otherwise "monumental waste of a valuable natural resource". Still other miners reduce their overall energy bill by using the heat generated by their computers to heat their homes or hot tubs. Design Units and divisibility The unit of account of the bitcoin system is the bitcoin. Currency codes for representing bitcoin are BTC[a] and XBT.[b] : 2 Its Unicode character is ₿. One bitcoin is divisible to eight decimal places. : ch. 5 Units for smaller amounts of bitcoin are the millibitcoin (mBTC), equal to 1⁄1000 bitcoin, and the satoshi (sat), which is the smallest possible division, and named in homage to bitcoin's creator, representing 1⁄100000000 (one hundred millionth) bitcoin. 100,000 satoshis are one mBTC.
Find out more from wikipedia


5 MGF	=	0 XBT
10 MGF	=	0 XBT
15 MGF	=	0 XBT
20 MGF	=	0 XBT
25 MGF	=	0 XBT
30 MGF	=	0 XBT
35 MGF	=	0 XBT
40 MGF	=	0 XBT
45 MGF	=	0 XBT
50 MGF	=	0 XBT
55 MGF	=	0 XBT
60 MGF	=	0 XBT
65 MGF	=	0 XBT
70 MGF	=	0 XBT
75 MGF	=	0 XBT
80 MGF	=	0 XBT
85 MGF	=	0 XBT
90 MGF	=	0 XBT
95 MGF	=	0 XBT
100 MGF	=	0 XBT
105 MGF	=	0 XBT
110 MGF	=	0 XBT
115 MGF	=	0 XBT
120 MGF	=	0 XBT
125 MGF	=	0 XBT
130 MGF	=	0 XBT
135 MGF	=	0 XBT
140 MGF	=	0 XBT
145 MGF	=	0 XBT
150 MGF	=	0 XBT
155 MGF	=	0 XBT
160 MGF	=	0 XBT
165 MGF	=	0 XBT
170 MGF	=	0 XBT
175 MGF	=	0 XBT
180 MGF	=	0 XBT
185 MGF	=	0 XBT
190 MGF	=	0 XBT
195 MGF	=	0 XBT
200 MGF	=	0 XBT
205 MGF	=	0 XBT
210 MGF	=	0 XBT
215 MGF	=	0 XBT
220 MGF	=	0 XBT
225 MGF	=	0 XBT
230 MGF	=	0 XBT
235 MGF	=	0 XBT
240 MGF	=	0 XBT
245 MGF	=	0 XBT
250 MGF	=	0 XBT
255 MGF	=	0 XBT
260 MGF	=	0 XBT
265 MGF	=	0 XBT
270 MGF	=	0 XBT
275 MGF	=	0 XBT
280 MGF	=	0 XBT
285 MGF	=	0 XBT
290 MGF	=	0 XBT
295 MGF	=	0 XBT
300 MGF	=	0 XBT
305 MGF	=	0 XBT
310 MGF	=	0 XBT
315 MGF	=	0 XBT
320 MGF	=	0 XBT
325 MGF	=	0 XBT
330 MGF	=	0 XBT
335 MGF	=	0 XBT
340 MGF	=	0 XBT
345 MGF	=	0 XBT
350 MGF	=	0 XBT
355 MGF	=	0 XBT
360 MGF	=	0 XBT
365 MGF	=	0 XBT
370 MGF	=	0 XBT
375 MGF	=	0 XBT
380 MGF	=	0 XBT
385 MGF	=	0 XBT
390 MGF	=	0 XBT
395 MGF	=	0 XBT
400 MGF	=	0 XBT
405 MGF	=	0 XBT
410 MGF	=	0 XBT
415 MGF	=	0 XBT
420 MGF	=	0 XBT
425 MGF	=	0 XBT
430 MGF	=	0 XBT
435 MGF	=	0 XBT
440 MGF	=	0 XBT
445 MGF	=	0 XBT
450 MGF	=	0 XBT
455 MGF	=	0 XBT
460 MGF	=	0 XBT
465 MGF	=	0 XBT
470 MGF	=	0 XBT
475 MGF	=	0 XBT
480 MGF	=	0 XBT
485 MGF	=	0 XBT
490 MGF	=	0 XBT
495 MGF	=	0 XBT
500 MGF	=	0 XBT


5 XBT	=	2839994837.2839 MGF
10 XBT	=	5679989674.5677 MGF
15 XBT	=	8519984511.8516 MGF
20 XBT	=	11359979349.135 MGF
25 XBT	=	14199974186.419 MGF
30 XBT	=	17039969023.703 MGF
35 XBT	=	19879963860.987 MGF
40 XBT	=	22719958698.271 MGF
45 XBT	=	25559953535.555 MGF
50 XBT	=	28399948372.839 MGF
55 XBT	=	31239943210.123 MGF
60 XBT	=	34079938047.406 MGF
65 XBT	=	36919932884.69 MGF
70 XBT	=	39759927721.974 MGF
75 XBT	=	42599922559.258 MGF
80 XBT	=	45439917396.542 MGF
85 XBT	=	48279912233.826 MGF
90 XBT	=	51119907071.109 MGF
95 XBT	=	53959901908.393 MGF
100 XBT	=	56799896745.677 MGF
105 XBT	=	59639891582.961 MGF
110 XBT	=	62479886420.245 MGF
115 XBT	=	65319881257.529 MGF
120 XBT	=	68159876094.813 MGF
125 XBT	=	70999870932.096 MGF
130 XBT	=	73839865769.38 MGF
135 XBT	=	76679860606.664 MGF
140 XBT	=	79519855443.948 MGF
145 XBT	=	82359850281.232 MGF
150 XBT	=	85199845118.516 MGF
155 XBT	=	88039839955.8 MGF
160 XBT	=	90879834793.084 MGF
165 XBT	=	93719829630.367 MGF
170 XBT	=	96559824467.651 MGF
175 XBT	=	99399819304.935 MGF
180 XBT	=	102239814142.22 MGF
185 XBT	=	105079808979.5 MGF
190 XBT	=	107919803816.79 MGF
195 XBT	=	110759798654.07 MGF
200 XBT	=	113599793491.35 MGF
205 XBT	=	116439788328.64 MGF
210 XBT	=	119279783165.92 MGF
215 XBT	=	122119778003.21 MGF
220 XBT	=	124959772840.49 MGF
225 XBT	=	127799767677.77 MGF
230 XBT	=	130639762515.06 MGF
235 XBT	=	133479757352.34 MGF
240 XBT	=	136319752189.63 MGF
245 XBT	=	139159747026.91 MGF
250 XBT	=	141999741864.19 MGF
255 XBT	=	144839736701.48 MGF
260 XBT	=	147679731538.76 MGF
265 XBT	=	150519726376.04 MGF
270 XBT	=	153359721213.33 MGF
275 XBT	=	156199716050.61 MGF
280 XBT	=	159039710887.9 MGF
285 XBT	=	161879705725.18 MGF
290 XBT	=	164719700562.46 MGF
295 XBT	=	167559695399.75 MGF
300 XBT	=	170399690237.03 MGF
305 XBT	=	173239685074.32 MGF
310 XBT	=	176079679911.6 MGF
315 XBT	=	178919674748.88 MGF
320 XBT	=	181759669586.17 MGF
325 XBT	=	184599664423.45 MGF
330 XBT	=	187439659260.73 MGF
335 XBT	=	190279654098.02 MGF
340 XBT	=	193119648935.3 MGF
345 XBT	=	195959643772.59 MGF
350 XBT	=	198799638609.87 MGF
355 XBT	=	201639633447.15 MGF
360 XBT	=	204479628284.44 MGF
365 XBT	=	207319623121.72 MGF
370 XBT	=	210159617959.01 MGF
375 XBT	=	212999612796.29 MGF
380 XBT	=	215839607633.57 MGF
385 XBT	=	218679602470.86 MGF
390 XBT	=	221519597308.14 MGF
395 XBT	=	224359592145.43 MGF
400 XBT	=	227199586982.71 MGF
405 XBT	=	230039581819.99 MGF
410 XBT	=	232879576657.28 MGF
415 XBT	=	235719571494.56 MGF
420 XBT	=	238559566331.84 MGF
425 XBT	=	241399561169.13 MGF
430 XBT	=	244239556006.41 MGF
435 XBT	=	247079550843.7 MGF
440 XBT	=	249919545680.98 MGF
445 XBT	=	252759540518.26 MGF
450 XBT	=	255599535355.55 MGF
455 XBT	=	258439530192.83 MGF
460 XBT	=	261279525030.12 MGF
465 XBT	=	264119519867.4 MGF
470 XBT	=	266959514704.68 MGF
475 XBT	=	269799509541.97 MGF
480 XBT	=	272639504379.25 MGF
485 XBT	=	275479499216.53 MGF
490 XBT	=	278319494053.82 MGF
495 XBT	=	281159488891.1 MGF
500 XBT	=	283999483728.39 MGF

1 MGF to XBT Bitcoin