Historic Fijian Dollar Malagasy Ariary

Fijian Dollar malagasy ariary history for December 2023. The highest quote for this month is 2090.68 (25/12/2023) and the lowest 2089.96 (25/12/2023). The difference between high and low is 0.03.

FJD MGA average rate for December 2023 is 2059.04571, the change between 01/12/2023 and 31/12/2023 is -3.05 %.

01 December 20231 FJD = 2025.30 MGA
04 December 20231 FJD = 2038.60 MGA
05 December 20231 FJD = 2015.06 MGA
06 December 20231 FJD = 2033.94 MGA
07 December 20231 FJD = 2037.26 MGA
08 December 20231 FJD = 2057.20 MGA
11 December 20231 FJD = 2042.69 MGA
12 December 20231 FJD = 2045.63 MGA
13 December 20231 FJD = 2049.23 MGA
14 December 20231 FJD = 2059.76 MGA
15 December 20231 FJD = 2068.39 MGA
18 December 20231 FJD = 2068.95 MGA
19 December 20231 FJD = 2065.27 MGA
20 December 20231 FJD = 2076.59 MGA
21 December 20231 FJD = 2084.85 MGA
22 December 20231 FJD = 2061.55 MGA
25 December 20231 FJD = 2088.55 MGA
26 December 20231 FJD = 2088.55 MGA
27 December 20231 FJD = 2075.73 MGA
28 December 20231 FJD = 2069.80 MGA
29 December 20231 FJD = 2087.06 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.

10/10/2013: Plastic Banknotes Introduced

Polymer banknotes made of plastic were introduced to improve the durability and security of Fijian currency.

28/04/2009: Floating Exchange Rate

Fiji adopted a floating exchange rate regime, allowing the value of the Fijian Dollar to be determined by market forces.

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.

14/01/1985: Currency Devaluation

Fijian Dollar was devalued by 20% to combat economic instability caused by a trade deficit.

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.

15/01/1971: Fixed Exchange Rate

Fijian Dollar was pegged to the Australian Dollar at a fixed exchange rate of 1:1.

12/12/1969: Decimalization of Currency

Fiji switched from the pound system to decimal currency, introducing the Fijian Dollar divided into 100 cents.

26/06/1961: Introduction of Malagasy Franc

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

01/01/1875: Introduction of Fijian Currency

Fijian Coins and Banknotes were introduced as legal tender, replacing Spanish Dollars.

10/10/1873: Devaluation of Spanish Dollars

The Spanish Dollars were devalued by 20% in the British Colony of Fiji, leading to a change in currency.