Convert Bitcoin to Malagasy Ariary
Please provide values below to convert Bitcoin [BTC] to Malagasy Ariary [MGA], or Convert Malagasy Ariary to Bitcoin.
How to Convert Bitcoin to Malagasy Ariary
1 BTC = 1.90817325482717e-09 MGA
Example: convert 15 BTC to MGA:
15 BTC = 15 × 1.90817325482717e-09 MGA = 2.86225988224076e-08 MGA
Bitcoin to Malagasy Ariary Conversion Table
| Bitcoin | Malagasy Ariary |
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Bitcoin
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority or intermediary.
History/Origin
Bitcoin was created in 2009 by an anonymous person or group known as Satoshi Nakamoto, introducing blockchain technology to ensure secure and transparent transactions. It was the first cryptocurrency and sparked the development of numerous other digital currencies.
Current Use
Bitcoin is widely used for online purchases, investment, remittances, and as a store of value. It is also accepted by some merchants and businesses worldwide and is increasingly integrated into financial markets and services.
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.