Convert Paraguayan Guarani to Malagasy Ariary
Please provide values below to convert Paraguayan Guarani [PYG] to Malagasy Ariary [MGA], or Convert Malagasy Ariary to Paraguayan Guarani.
How to Convert Paraguayan Guarani to Malagasy Ariary
1 PYG = 1.74156672059441 MGA
Example: convert 15 PYG to MGA:
15 PYG = 15 × 1.74156672059441 MGA = 26.1235008089161 MGA
Paraguayan Guarani to Malagasy Ariary Conversion Table
| Paraguayan Guarani | Malagasy Ariary |
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Paraguayan Guarani
The Paraguayan Guarani (PYG) is the official currency of Paraguay, used for all monetary transactions within the country.
History/Origin
The Guarani was introduced in 1943, replacing the peso at a rate of 1 Guarani = 1 peso, and has undergone various redenominations and reforms since then to stabilize the economy.
Current Use
Today, the Guarani remains the national currency of Paraguay, widely used in everyday commerce, banking, and financial transactions across the country.
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.