Convert GHS [Ghanaian Cedi] to MGA [Malagasy Ariary] Online | Free currency Converter
GHS [Ghanaian Cedi]
The Ghanaian Cedi, abbreviated as GHS, is the official currency of Ghana. Introduced in 2007 to replace the old cedi, it was part of a currency redenomination to simplify transactions and stabilize the economy. The currency is issued and regulated by the Bank of Ghana, which manages monetary policy and ensures financial stability. The cedi is subdivided into 100 pesewas and is available in both coins and banknotes. Coins typically range from 1 to 50 pesewas, while banknotes range from 1 to 200 cedis, featuring national heroes, cultural symbols, and important landmarks that reflect Ghanaβs rich heritage. Widely used in daily transactions, salaries, trade, and tourism, the GHS plays a vital role in supporting the domestic economy. Its stability fosters commerce, financial confidence, and economic growth, making it an essential symbol of Ghanaβs national identity.
MGA [Malagasy Ariary]
The Malagasy Ariary, abbreviated as MGA, is the official currency of Madagascar. Introduced in 1961, it replaced the Malagasy franc and is issued and regulated by the Central Bank of Madagascar, which manages monetary policy and ensures economic stability. The ariary is subdivided into 5 iraimbilanja, though these smaller units are rarely used in daily transactions. The currency is available in both coins and banknotes, with coins ranging from 1 to 50 ariary and banknotes from 100 to 20,000 ariary, featuring national heroes, cultural symbols, and iconic landmarks. Widely used in daily transactions, trade, salaries, and tourism, the MGA plays a vital role in supporting Madagascarβs domestic economy. Its stability is essential for commerce, financial confidence, and economic growth.
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