SOL/MGA: Convert Solana (SOL) to Malagasy Ariary (MGA)
1 Solana equals MGA 645,678.18 Malagasy Ariary
Last update: 12:52 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 645,678.18 per SOL. With a circulating supply of 468,484,656.324 SOL, it means that Solana has a total market cap of MGA 302,376,742,920,368.90. The amount of Solana traded has risen by MGA 1,775,238,429,612 in the last 24 hours, which is a 14.28% increase. Additionally, in the last day, MGA 12,429,999,657,919 worth of SOL has been traded.
£302.4T
£12.4T
468.5M SOL
Conversion tables
The exchange rate of Solana is decreasing.
The current value of 1 SOL is MGA 645,678 MGA. In other words, to buy 5 Solana, it would cost you MGA 3,228,391 MGA. Inversely, MGA 1 MGA would allow you to trade for 0.00000155 SOL while MGA 50 MGA would convert to 0.00007744 SOL, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 4.99%. Meanwhile, in the last 24 hours, the rate has changed by 5.24%, 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 134.765 MGA. This time last month, the value of 1 SOL was MGA 661,224 MGA, which is a 2.35% increase from where it is now. Looking back a year, Solana has changed by -MGA 553,539 MGA.
SOL to MGA
Amount | Today at 12:52 am |
---|---|
0.5 SOL | MGA 322,839.09 |
1 SOL | MGA 645,678.18 |
5 SOL | MGA 3,228,390.92 |
10 SOL | MGA 6,456,781.85 |
50 SOL | MGA 32,283,909.24 |
100 SOL | MGA 64,567,818.49 |
500 SOL | MGA 322,839,092.45 |
1,000 SOL | MGA 645,678,184.89 |
MGA to SOL
Amount | Today at 12:52 am |
---|---|
0.5 MGA | 0.00000077 SOL |
1 MGA | 0.00000155 SOL |
5 MGA | 0.00000774 SOL |
10 MGA | 0.000015 SOL |
50 MGA | 0.000077 SOL |
100 MGA | 0.000155 SOL |
500 MGA | 0.000774 SOL |
1,000 MGA | 0.0015 SOL |
Today vs. 24 hours ago
Amount | Today at 12:52 am | 24 hours ago | 24H Change |
---|---|---|---|
0.5 SOL | MGA 322,839.09 | MGA 306,760.11 | +5.24% |
1 SOL | MGA 645,678.18 | MGA 613,520.23 | +5.24% |
5 SOL | MGA 3,228,390.92 | MGA 3,067,601.15 | +5.24% |
10 SOL | MGA 6,456,781.85 | MGA 6,135,202.30 | +5.24% |
50 SOL | MGA 32,283,909.24 | MGA 30,676,011.48 | +5.24% |
100 SOL | MGA 64,567,818.49 | MGA 61,352,022.95 | +5.24% |
500 SOL | MGA 322,839,092.45 | MGA 306,760,114.77 | +5.24% |
1,000 SOL | MGA 645,678,184.89 | MGA 613,520,229.53 | +5.24% |
Today vs. 1 month ago
Amount | Today at 12:52 am | 1 months ago | 1M Change |
---|---|---|---|
0.5 SOL | MGA 322,839.09 | MGA 330,611.92 | -2.35% |
1 SOL | MGA 645,678.18 | MGA 661,223.84 | -2.35% |
5 SOL | MGA 3,228,390.92 | MGA 3,306,119.22 | -2.35% |
10 SOL | MGA 6,456,781.85 | MGA 6,612,238.44 | -2.35% |
50 SOL | MGA 32,283,909.24 | MGA 33,061,192.22 | -2.35% |
100 SOL | MGA 64,567,818.49 | MGA 66,122,384.43 | -2.35% |
500 SOL | MGA 322,839,092.45 | MGA 330,611,922.17 | -2.35% |
1,000 SOL | MGA 645,678,184.89 | MGA 661,223,844.33 | -2.35% |
Today vs. 1 year ago
Amount | Today at 12:52 am | 1 year ago | 1Y Change |
---|---|---|---|
0.5 SOL | MGA 322,839.09 | MGA 46,069.62 | +600.76% |
1 SOL | MGA 645,678.18 | MGA 92,139.24 | +600.76% |
5 SOL | MGA 3,228,390.92 | MGA 460,696.18 | +600.76% |
10 SOL | MGA 6,456,781.85 | MGA 921,392.37 | +600.76% |
50 SOL | MGA 32,283,909.24 | MGA 4,606,961.85 | +600.76% |
100 SOL | MGA 64,567,818.49 | MGA 9,213,923.70 | +600.76% |
500 SOL | MGA 322,839,092.45 | MGA 46,069,618.48 | +600.76% |
1,000 SOL | MGA 645,678,184.89 | MGA 92,139,236.96 | +600.76% |
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