Convert Bahamian Dollar to Malagasy Ariary
Please provide values below to convert Bahamian Dollar [BSD] to Malagasy Ariary [MGA], or Convert Malagasy Ariary to Bahamian Dollar.
How to Convert Bahamian Dollar to Malagasy Ariary
1 BSD = 0.000225821750672283 MGA
Example: convert 15 BSD to MGA:
15 BSD = 15 × 0.000225821750672283 MGA = 0.00338732626008424 MGA
Bahamian Dollar to Malagasy Ariary Conversion Table
| Bahamian Dollar | Malagasy Ariary |
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Bahamian Dollar
The Bahamian Dollar (BSD) is the official currency of The Bahamas, subdivided into 100 cents, used for all monetary transactions within the country.
History/Origin
Introduced in 1966, replacing the Bahamian pound, the Bahamian Dollar was initially pegged to the US dollar at par and has maintained a stable exchange rate since its inception.
Current Use
The Bahamian Dollar is widely used across The Bahamas for everyday transactions, banking, and trade, and is also accepted in some neighboring regions and for tourism-related activities.
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.