AWG to MGA Exchange Rate - Convert Aruba Florin to Malagasy ariary

Converting from Aruba Florin (AWG) to Malagasy Ariary (MGA)

What is Aruba Florin (AWG)

The Aruba Florin, abbreviated as AWG, is the official currency used in Aruba, a beautiful island in the Caribbean. The currency is subdivided into 100 cents, making it similar to other global currencies that follow the standard decimal system. The Florin has been in use since 1986, replacing the former Netherlands Antillean Guilder.

The symbol for the Aruba Florin is often represented as "ƒ" or "Afl." One of the unique aspects of the Florin is its stability and close ties to the U.S. dollar. While the government of Aruba issues the currency, it operates under a fixed exchange rate with the U.S. dollar, which helps maintain its value and provides a reliable medium for trade.

In everyday transactions, the Aruba Florin is used for various goods and services, from local markets to luxury resorts. Its exchange rate fluctuates in international currency markets, so it’s always wise to check current rates before converting AWG to another currency or vice versa.

What is Malagasy Ariary (MGA)

The Malagasy Ariary, represented as MGA, is the currency of Madagascar, the world’s fourth largest island located off the southeast coast of Africa. The Ariary was introduced in 2005, replacing the Malagasy Franc, and is further divided into 5 iraimbilanja, a smaller unit of currency.

The symbol for the Ariary is often written as "Ar" or simply abbreviated as MGA. The Ariary is significant for trade within Madagascar and serves as a key medium for everyday transactions among its residents. Unlike the Aruba Florin, which is closely linked to the U.S. dollar, the Malagasy Ariary is more susceptible to fluctuations based on Madagascar’s economic conditions.

In the context of the Malagasy economy, the Ariary reflects the country's unique blend of cultural heritage and growing industries, such as tourism and agriculture. Understanding the value of the Ariary is critical for both locals and visitors, especially when navigating prices in markets or services.

Conversion Considerations

When converting from Aruba Florin (AWG) to Malagasy Ariary (MGA), it is essential to remember that currency exchange rates vary daily. To convert the currencies effectively, you can use the formula:

Amount in MGA = Amount in AWG × Exchange Rate (AWG to MGA)

Always check a reliable currency converter or financial institution for the most accurate and updated rates. By understanding both the Aruba Florin and Malagasy Ariary, you can navigate financial transactions more smoothly, whether you are traveling for leisure or business.

Aruba Florin to Malagasy ariary conversion table

AWG to MGA conversion table

Aruba Florin (AWG)Malagasy ariary (MGA)
1 AWG2 517.45356496439 MGA
2 AWG5 034.90712992878 MGA
3 AWG7 552.36069489318 MGA
4 AWG10 069.81425985757 MGA
5 AWG12 587.26782482196 MGA
6 AWG15 104.72138978635 MGA
7 AWG17 622.17495475075 MGA
8 AWG20 139.62851971514 MGA
9 AWG22 657.08208467953 MGA
10 AWG25 174.53564964392 MGA
100 AWG251 745.35649643923 MGA
200 AWG503 490.71299287845 MGA
300 AWG755 236.06948931768 MGA
400 AWG1 006 981.42598575691 MGA
500 AWG1 258 726.78248219613 MGA
600 AWG1 510 472.13897863536 MGA
700 AWG1 762 217.49547507458 MGA
800 AWG2 013 962.85197151381 MGA
900 AWG2 265 708.20846795304 MGA
1 000 AWG2 517 453.56496439226 MGA
2 000 AWG5 034 907.12992878453 MGA
5 000 AWG12 587 267.82482196132 MGA
10 000 AWG25 174 535.64964392264 MGA
20 000 AWG50 349 071.29928784528 MGA
50 000 AWG125 872 678.24821961321 MGA
100 000 AWG251 745 356.49643922642 MGA
Last updated May 14, 2025 at 03:55 PM