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

Canadian dollar malagasy ariary history for January 2024. The highest quote for this month is 3455.44 (01/01/2024) and the lowest 3456.11 (01/01/2024). The difference between high and low is -0.02.

CAD MGA average rate for January 2024 is 3384.84481, the change between 01/01/2024 and 31/01/2024 is +2.65 %.

01 January 2024	1 CAD = 3452.99 MGA
02 January 2024	1 CAD = 3455.38 MGA
03 January 2024	1 CAD = 3419.16 MGA
04 January 2024	1 CAD = 3412.57 MGA
05 January 2024	1 CAD = 3425.68 MGA
06 January 2024	1 CAD = 3434.61 MGA
07 January 2024	1 CAD = 3434.61 MGA
08 January 2024	1 CAD = 3395.50 MGA
09 January 2024	1 CAD = 3430.97 MGA
10 January 2024	1 CAD = 3380.74 MGA
11 January 2024	1 CAD = 3388.18 MGA
12 January 2024	1 CAD = 3379.12 MGA
14 January 2024	1 CAD = 3409.32 MGA
15 January 2024	1 CAD = 3369.81 MGA
16 January 2024	1 CAD = 3356.41 MGA
17 January 2024	1 CAD = 3347.47 MGA
18 January 2024	1 CAD = 3362.27 MGA
19 January 2024	1 CAD = 3362.70 MGA
22 January 2024	1 CAD = 3358.43 MGA
23 January 2024	1 CAD = 3353.64 MGA
24 January 2024	1 CAD = 3344.23 MGA
25 January 2024	1 CAD = 3341.86 MGA
26 January 2024	1 CAD = 3357.40 MGA
28 January 2024	1 CAD = 3369.87 MGA
29 January 2024	1 CAD = 3331.03 MGA
30 January 2024	1 CAD = 3355.35 MGA
31 January 2024	1 CAD = 3361.51 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