DZD to MGA Exchange Rate - Convert Algerian Dinar to Malagasy ariary

Converting from Algerian Dinar (DZD) to Malagasy Ariary (MGA)

What is Algerian Dinar (DZD)

The Algerian Dinar (DZD) is the official currency of Algeria, a country located in North Africa. It is subdivided into 100 centimes, although the centime is rarely used in everyday transactions. The Dinar was introduced in 1964, replacing the Algerian franc as part of Algeria's efforts to create a stable and independent national economy following its independence from France.

The currency symbol for the Algerian Dinar is د.ج, and it is managed by the Bank of Algeria. As of recent economic trends, the DZD has experienced fluctuations against major international currencies. The exchange rate is influenced by various factors, such as the country's oil and gas resources, economic policies, and global market conditions.

When dealing with international transactions or travels, understanding the DZD's current exchange rate is essential. Various online currency converters can provide real-time rates, helping individuals and businesses effectively convert DZD to other currencies.

What is Malagasy Ariary (MGA)

The Malagasy Ariary (MGA) is the official currency of Madagascar, an island nation located off the southeastern coast of Africa. The Ariary was introduced in 2005, replacing the previous currency, the Malagasy franc. This change aimed to simplify financial transactions and strengthen the national economy.

The symbol for the Ariary is Ar, and it is subdivided into 5 iraimbilanja, although the iraimbilanja is rarely used today. The value of the Ariary has seen significant fluctuations over the years, influenced by Madagascar's political stability, economic performance, and global market trends.

The Bank of Madagascar is responsible for issuing the Ariary and managing its value. Similar to the DZD, the exchange rate of the MGA against other currencies can vary and is important to monitor for financial planning, trade, or travel purposes. Online converters can assist in converting MGA to other currencies quickly and accurately.

Converting Between DZD and MGA

When converting from Algerian Dinar to Malagasy Ariary, you will use the current exchange rate. As with any currency conversion, it is important to check online currency platforms or contact financial institutions to get the most accurate and timely rates.

To calculate the amount in MGA from DZD, you can use the formula:

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

Similarly, to convert MGA to DZD, the formula would be:

Amount in DZD = Amount in MGA ÷ Exchange Rate (DZD to MGA)

Understanding these currencies and their conversion will help in effective financial planning and transactions between Algeria and Madagascar.

Algerian Dinar to Malagasy ariary conversion table

DZD to MGA conversion table

Algerian Dinar (DZD)Malagasy ariary (MGA)
1 DZD34.8976711159 MGA
2 DZD69.79534223179 MGA
3 DZD104.69301334769 MGA
4 DZD139.59068446359 MGA
5 DZD174.48835557949 MGA
6 DZD209.38602669538 MGA
7 DZD244.28369781128 MGA
8 DZD279.18136892718 MGA
9 DZD314.07904004307 MGA
10 DZD348.97671115897 MGA
100 DZD3 489.76711158972 MGA
200 DZD6 979.53422317944 MGA
300 DZD10 469.30133476916 MGA
400 DZD13 959.06844635888 MGA
500 DZD17 448.83555794859 MGA
600 DZD20 938.60266953831 MGA
700 DZD24 428.36978112803 MGA
800 DZD27 918.13689271775 MGA
900 DZD31 407.90400430747 MGA
1 000 DZD34 897.67111589719 MGA
2 000 DZD69 795.34223179438 MGA
5 000 DZD174 488.35557948595 MGA
10 000 DZD348 976.7111589719 MGA
20 000 DZD697 953.42231794379 MGA
50 000 DZD1 744 883.55579485948 MGA
100 000 DZD3 489 767.11158971896 MGA
Last updated March 14, 2025 at 11:55 PM