Convert Ghanaian Cedi to Malagasy Ariary
Please provide values below to convert Ghanaian Cedi [GHS] to Malagasy Ariary [MGA], or Convert Malagasy Ariary to Ghanaian Cedi.
How to Convert Ghanaian Cedi to Malagasy Ariary
1 GHS = 0.00245644383946296 MGA
Example: convert 15 GHS to MGA:
15 GHS = 15 × 0.00245644383946296 MGA = 0.0368466575919443 MGA
Ghanaian Cedi to Malagasy Ariary Conversion Table
Ghanaian Cedi | Malagasy Ariary |
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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.
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.