Israeli Sheqel malagasy ariary exchange rate history (ILS MGA) August 2023

Israeli Sheqel malagasy ariary history for August 2023. The highest quote for this month is 1223.2 (01/08/2023) and the lowest 1230.71 (02/08/2023). The difference between high and low is -0.61.

ILS MGA average rate for August 2023 is 1190.94318, the change between 01/08/2023 and 31/08/2023 is +2.11 %.

01 August 2023	1 ILS = 1209.24 MGA
02 August 2023	1 ILS = 1221.59 MGA
03 August 2023	1 ILS = 1218.40 MGA
04 August 2023	1 ILS = 1201.67 MGA
07 August 2023	1 ILS = 1215.52 MGA
08 August 2023	1 ILS = 1195.81 MGA
09 August 2023	1 ILS = 1183.09 MGA
10 August 2023	1 ILS = 1194.01 MGA
11 August 2023	1 ILS = 1203.84 MGA
14 August 2023	1 ILS = 1201.70 MGA
15 August 2023	1 ILS = 1184.83 MGA
16 August 2023	1 ILS = 1186.06 MGA
17 August 2023	1 ILS = 1182.77 MGA
18 August 2023	1 ILS = 1172.99 MGA
21 August 2023	1 ILS = 1178.15 MGA
22 August 2023	1 ILS = 1171.68 MGA
24 August 2023	1 ILS = 1188.45 MGA
25 August 2023	1 ILS = 1171.07 MGA
28 August 2023	1 ILS = 1180.27 MGA
29 August 2023	1 ILS = 1178.43 MGA
30 August 2023	1 ILS = 1177.42 MGA
31 August 2023	1 ILS = 1183.76 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.

29/12/2014: 1 US Dollar = 3.891 Israeli Sheqel

The Israeli Sheqel (ILS) reaches a historical low against the US Dollar in the foreign exchange market.

04/05/2008: Introduction of New Banknotes

New Israeli Sheqel (ILS) banknotes with enhanced security features were issued.

01/08/2003: Second Redenomination of Ariary

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

01/09/1999: Introduction of Sheqel Coins

Israeli Sheqel (ILS) coins were introduced, replacing the agora as the subunit of the currency.

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.

24/02/1985: Hyperinflation Crisis

Israel experiences hyperinflation, leading to the introduction of the new Israeli Sheqel (ILS).

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.

26/06/1961: Introduction of Malagasy Franc

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

16/03/1960: Introduction of the New Sheqel

The old Israeli pound (ILP) was replaced by the new Israeli Sheqel (ILS) as the official currency.

24/02/1949: Introduction of the Israel Pound

The Israeli pound (ILP) was introduced as legal tender in Israel.

24/09/1948: Israeli Declaration of Independence

The Israeli pound (ILP) was introduced as the official currency of Israel.

Historic Israeli Sheqel Malagasy Ariary