Historic Fijian Dollar Malagasy Ariary

Fijian Dollar malagasy ariary history for January 2024. The highest quote for this month is 2097.26 (01/01/2024) and the lowest 2096.12 (01/01/2024). The difference between high and low is 0.05.

FJD MGA average rate for January 2024 is 2039.60652, the change between 01/01/2024 and 31/01/2024 is +3.22 %.

01 January 20241 FJD = 2094.22 MGA
02 January 20241 FJD = 2096.12 MGA
03 January 20241 FJD = 2055.23 MGA
04 January 20241 FJD = 2050.23 MGA
05 January 20241 FJD = 2077.47 MGA
08 January 20241 FJD = 2061.31 MGA
09 January 20241 FJD = 2060.56 MGA
10 January 20241 FJD = 2032.85 MGA
11 January 20241 FJD = 2034.32 MGA
12 January 20241 FJD = 2028.64 MGA
15 January 20241 FJD = 2055.08 MGA
16 January 20241 FJD = 2039.72 MGA
17 January 20241 FJD = 2032.10 MGA
18 January 20241 FJD = 2037.52 MGA
19 January 20241 FJD = 2038.48 MGA
22 January 20241 FJD = 2029.02 MGA
23 January 20241 FJD = 2005.50 MGA
24 January 20241 FJD = 1997.07 MGA
25 January 20241 FJD = 2008.71 MGA
26 January 20241 FJD = 2033.07 MGA
29 January 20241 FJD = 2011.75 MGA
30 January 20241 FJD = 2005.17 MGA
31 January 20241 FJD = 2026.81 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.
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