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Easily convert LYD to MGA with ConvertOnline's efficient tool.
The Libyan Dinar (LYD) is the official currency of Libya, introduced in 1971 to replace the Libyan pound. It is subdivided into 1,000 dirhams and is used as a medium of exchange for goods and services within the country. The dinar operates under the regulation of the Central Bank of Libya and plays a crucial role in the country's economy.
The Malagasy Ariary (MGA) is the official currency of Madagascar, a country located off the southeastern coast of Africa. Introduced in 2005, it replaced the former Malagasy franc at a rate of 1,000 francs to 1 ariary, serving as a medium of exchange for goods and services within the nation.