Convert HTG [Haitian Gourde] to MGA [Malagasy Ariary] Online | Free currency Converter
[Haitian Gourde]
The Haitian Gourde, abbreviated as HTG, is the official currency of Haiti. Introduced in 1813, it replaced the Haitian livre and has since been the backbone of the nationβs monetary system. The currency is issued and regulated by the Bank of the Republic of Haiti, which manages monetary policy and ensures economic stability. The gourde is subdivided into 100 centimes and is available in both coins and banknotes. Coins typically range from 5 to 50 centimes, while banknotes range from 10 to 5,000 gourdes, featuring national heroes, cultural symbols, and important landmarks that reflect Haitiβs rich heritage. Widely used in daily transactions, trade, salaries, and tourism, the HTG plays a vital role in supporting the domestic economy. Its stability is essential for commerce, financial confidence, and economic growth in Haiti.
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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