Canadian dollar malagasy ariary exchange rate history (CAD MGA) February 2024

Canadian dollar malagasy ariary history for February 2024. The highest quote for this month is 3367.37 (03/02/2024) and the lowest 3370.12 (04/02/2024). The difference between high and low is -0.08.

CAD MGA average rate for February 2024 is 3344.47556, the change between 01/02/2024 and 29/02/2024 is +1.65 %.

01 February 2024	1 CAD = 3349.34 MGA
02 February 2024	1 CAD = 3366.21 MGA
03 February 2024	1 CAD = 3367.37 MGA
04 February 2024	1 CAD = 3369.87 MGA
05 February 2024	1 CAD = 3351.62 MGA
06 February 2024	1 CAD = 3315.03 MGA
07 February 2024	1 CAD = 3339.68 MGA
08 February 2024	1 CAD = 3364.53 MGA
09 February 2024	1 CAD = 3343.24 MGA
12 February 2024	1 CAD = 3333.67 MGA
13 February 2024	1 CAD = 3359.27 MGA
14 February 2024	1 CAD = 3335.59 MGA
15 February 2024	1 CAD = 3338.58 MGA
16 February 2024	1 CAD = 3354.55 MGA
17 February 2024	1 CAD = 3365.03 MGA
18 February 2024	1 CAD = 3364.03 MGA
19 February 2024	1 CAD = 3338.22 MGA
20 February 2024	1 CAD = 3325.87 MGA
21 February 2024	1 CAD = 3339.77 MGA
22 February 2024	1 CAD = 3343.71 MGA
23 February 2024	1 CAD = 3330.51 MGA
24 February 2024	1 CAD = 3359.80 MGA
25 February 2024	1 CAD = 3362.29 MGA
26 February 2024	1 CAD = 3321.70 MGA
27 February 2024	1 CAD = 3341.90 MGA
28 February 2024	1 CAD = 3325.52 MGA
29 February 2024	1 CAD = 3293.94 MGA

01/01/2023: Planned Fourth Redenomination of Ariary

Madagascar announces plans for the fourth redenomination of the Ariary, aiming to simplify the currency system further.

01/01/2017: Third Redenomination of Ariary

The Malagasy Ariary experiences its third redenomination, resulting in the currency being divided by 5, making 1 new Ariary equal to 5 old Ariary.

07/11/2013: Change in banknote design and security features

The Bank of Canada introduced new polymer banknotes with enhanced security features and redesigned motifs, replacing the paper-based notes in circulation since 1935.

01/08/2003: Second Redenomination of Ariary

The Malagasy Ariary goes through its second redenomination, with 1 new Ariary equal to 5 old Ariary.

16/12/1993: First Redenomination of Ariary

The Malagasy Ariary undergoes its first redenomination, replacing the currency at a ratio of 1 new Ariary to 5 old Ariary.

01/01/1983: Introduction of Malagasy Ariary

The Malagasy Ariary is introduced as the new official currency of Madagascar, replacing the Malagasy Franc.

26/06/1975: Independence of Madagascar

Madagascar declares independence from French colonial rule, leading to changes in the national currency.

15/08/1971: Canada switches to a floating exchange rate

Canada abandoned its fixed exchange rate system and adopted a floating exchange rate, allowing the value of the Canadian dollar to fluctuate in response to market forces.

26/06/1961: Introduction of Malagasy Franc

Malagasy Franc introduced as the official currency of Madagascar to replace the French Franc.

01/03/1950: Introduction of the Canadian dollar's decimalization

Canada adopted a decimal currency system, dividing the dollar into 100 cents, replacing the previous system based on pounds, shillings, and pence.

01/01/1933: Currency depreciation during the Great Depression

The Canadian dollar experienced significant depreciation during the Great Depression due to economic uncertainty and a decrease in international trade.

02/01/1914: Introduction of the Canadian Dollar Act

The Canadian Dollar Act established the Canadian dollar as the sole currency of Canada and gave the government control over its issuance.

01/01/1858: Introduction of the Canadian dollar

The Canadian pound was replaced by the Canadian dollar as the official currency of Canada, helping to unify the currency across the country.

01/01/1841: Introduction of the Canadian pound

The first Canadian currency was the Canadian pound, which was introduced to replace British pounds in the Province of Canada.

Historic Canadian dollar Malagasy Ariary