Convert Guernsey Pound to Malagasy Ariary
Please provide values below to convert Guernsey Pound [GGP] to Malagasy Ariary [MGA], or Convert Malagasy Ariary to Guernsey Pound.
How to Convert Guernsey Pound to Malagasy Ariary
1 GGP = 0.000167175842022691 MGA
Example: convert 15 GGP to MGA:
15 GGP = 15 × 0.000167175842022691 MGA = 0.00250763763034036 MGA
Guernsey Pound to Malagasy Ariary Conversion Table
| Guernsey Pound | Malagasy Ariary |
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Guernsey Pound
The Guernsey Pound (GGP) is the official currency of Guernsey, a British Crown dependency, and is pegged at par to the British Pound Sterling.
History/Origin
Introduced in 1921, the Guernsey Pound has been used locally alongside the British Pound, with both currencies circulating freely and at equal value, reflecting Guernsey's status as a self-governing dependency.
Current Use
The GGP is used for everyday transactions within Guernsey and is accepted alongside the British Pound, with coins and banknotes issued specifically for Guernsey by the local authorities.
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.