Convert Libyan Dinar to Malagasy Ariary
Please provide values below to convert Libyan Dinar [LYD] to Malagasy Ariary [MGA], or Convert Malagasy Ariary to Libyan Dinar.
How to Convert Libyan Dinar to Malagasy Ariary
1 LYD = 0.00122576046264915 MGA
Example: convert 15 LYD to MGA:
15 LYD = 15 × 0.00122576046264915 MGA = 0.0183864069397373 MGA
Libyan Dinar to Malagasy Ariary Conversion Table
| Libyan Dinar | Malagasy Ariary |
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Libyan Dinar
The Libyan Dinar (LYD) is the official currency of Libya, used for all monetary transactions within the country.
History/Origin
The Libyan Dinar was introduced in 1971, replacing the Libyan Pound at par, and has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the LYD is actively used in Libya for everyday transactions, banking, and international trade, with the Central Bank of Libya managing its issuance and regulation.
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.