SOL/MGA: Convert Solana (SOL) to Malagasy Ariary (MGA)
1 Solana equals MGA 643,439.31 Malagasy Ariary
Last update: 2:55 AM, September 20, 2024
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Overview
About Solana (SOL)
Solana is a decentralized computing platform that uses SOL to pay for transactions. Solana aims to improve blockchain scalability by using a combination of proof of stake consensus and so-called proof of history. As a result, Solana claims to be able to support 50,000 transactions per second without sacrificing decentralization.
Resources
How Solana (SOL) and Malagasy Ariary (MGA) differ
Solana (SOL) and Malagasy Ariary (MGA) are two distinct forms of currency, each with its unique characteristics. Solana is a digital asset that operates on blockchain technology, aiming to facilitate the creation of decentralized applications (DApps) and enhance the decentralized finance (DeFi) space. It uses a unique combination of proof-of-history (PoH) and proof-of-stake (PoS) consensus mechanisms, which allows for decreased validation times and low transaction costs, making it attractive for a diverse range of users. On the other hand, the Malagasy Ariary is the traditional currency of Madagascar, regulated by a central authority, the Central Bank of Madagascar. Unlike Solana, it doesn't operate on blockchain technology and doesn't facilitate the creation of DApps. It's used for conventional transactions within Madagascar and doesn't have the scalability and fast processing features that Solana strives to offer. Therefore, while Solana seeks to make DeFi more accessible on a larger scale, the Malagasy Ariary serves as a standard means of exchange in its local economy.
Solana Markets
Solana is climbing this week.
The current price of Solana is MGA 643,439.31 per SOL. With a circulating supply of 468,484,439.323 SOL, it means that Solana has a total market cap of MGA 301,036,456,904,203.44. The amount of Solana traded has risen by MGA 117,907,544,379 in the last 24 hours, which is a 1.00% increase. Additionally, in the last day, MGA 11,825,826,186,719 worth of SOL has been traded.
£301.0T
£11.8T
468.5M SOL
Conversion tables
The exchange rate of Solana is decreasing.
The current value of 1 SOL is MGA 643,439 MGA. In other words, to buy 5 Solana, it would cost you MGA 3,217,197 MGA. Inversely, MGA 1 MGA would allow you to trade for 0.00000155 SOL while MGA 50 MGA would convert to 0.00007771 SOL, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 5.29%. Meanwhile, in the last 24 hours, the rate has changed by 3.57%, which means that the the highest exchange rate of 1 SOL to Malagasy Ariary was 144 MGA and the lowest 24 hour value was 1 SOL for 136.895 MGA. This time last month, the value of 1 SOL was MGA 661,115 MGA, which is a 2.67% increase from where it is now. Looking back a year, Solana has changed by -MGA 551,315 MGA.
SOL to MGA
Amount | Today at 2:55 am |
---|---|
0.5 SOL | MGA 321,719.65 |
1 SOL | MGA 643,439.31 |
5 SOL | MGA 3,217,196.55 |
10 SOL | MGA 6,434,393.09 |
50 SOL | MGA 32,171,965.45 |
100 SOL | MGA 64,343,930.90 |
500 SOL | MGA 321,719,654.52 |
1,000 SOL | MGA 643,439,309.03 |
MGA to SOL
Amount | Today at 2:55 am |
---|---|
0.5 MGA | 0.00000078 SOL |
1 MGA | 0.00000155 SOL |
5 MGA | 0.00000777 SOL |
10 MGA | 0.000016 SOL |
50 MGA | 0.000078 SOL |
100 MGA | 0.000155 SOL |
500 MGA | 0.000777 SOL |
1,000 MGA | 0.0016 SOL |
Today vs. 24 hours ago
Amount | Today at 2:55 am | 24 hours ago | 24H Change |
---|---|---|---|
0.5 SOL | MGA 321,719.65 | MGA 310,623.92 | +3.57% |
1 SOL | MGA 643,439.31 | MGA 621,247.83 | +3.57% |
5 SOL | MGA 3,217,196.55 | MGA 3,106,239.17 | +3.57% |
10 SOL | MGA 6,434,393.09 | MGA 6,212,478.34 | +3.57% |
50 SOL | MGA 32,171,965.45 | MGA 31,062,391.72 | +3.57% |
100 SOL | MGA 64,343,930.90 | MGA 62,124,783.45 | +3.57% |
500 SOL | MGA 321,719,654.52 | MGA 310,623,917.23 | +3.57% |
1,000 SOL | MGA 643,439,309.03 | MGA 621,247,834.47 | +3.57% |
Today vs. 1 month ago
Amount | Today at 2:55 am | 1 months ago | 1M Change |
---|---|---|---|
0.5 SOL | MGA 321,719.65 | MGA 330,557.67 | -2.67% |
1 SOL | MGA 643,439.31 | MGA 661,115.34 | -2.67% |
5 SOL | MGA 3,217,196.55 | MGA 3,305,576.70 | -2.67% |
10 SOL | MGA 6,434,393.09 | MGA 6,611,153.40 | -2.67% |
50 SOL | MGA 32,171,965.45 | MGA 33,055,767.02 | -2.67% |
100 SOL | MGA 64,343,930.90 | MGA 66,111,534.04 | -2.67% |
500 SOL | MGA 321,719,654.52 | MGA 330,557,670.20 | -2.67% |
1,000 SOL | MGA 643,439,309.03 | MGA 661,115,340.41 | -2.67% |
Today vs. 1 year ago
Amount | Today at 2:55 am | 1 year ago | 1Y Change |
---|---|---|---|
0.5 SOL | MGA 321,719.65 | MGA 46,062.06 | +598.45% |
1 SOL | MGA 643,439.31 | MGA 92,124.12 | +598.45% |
5 SOL | MGA 3,217,196.55 | MGA 460,620.59 | +598.45% |
10 SOL | MGA 6,434,393.09 | MGA 921,241.17 | +598.45% |
50 SOL | MGA 32,171,965.45 | MGA 4,606,205.87 | +598.45% |
100 SOL | MGA 64,343,930.90 | MGA 9,212,411.73 | +598.45% |
500 SOL | MGA 321,719,654.52 | MGA 46,062,058.66 | +598.45% |
1,000 SOL | MGA 643,439,309.03 | MGA 92,124,117.31 | +598.45% |
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