Historic Malagasy Ariary Canadian dollar

Malagasy Ariary canadian dollar history for February 2024. The highest quote for this month is 0.000304 (29/02/2024) and the lowest 0.000303 (29/02/2024). The difference between high and low is 0.33.

MGA CAD average rate for February 2024 is 0.0003, the change between 01/02/2024 and 29/02/2024 is -1.67 %.

01 February 20241 MGA = 0.0003 CAD
02 February 20241 MGA = 0.0003 CAD
03 February 20241 MGA = 0.0003 CAD
04 February 20241 MGA = 0.0003 CAD
05 February 20241 MGA = 0.0003 CAD
06 February 20241 MGA = 0.0003 CAD
07 February 20241 MGA = 0.0003 CAD
08 February 20241 MGA = 0.0003 CAD
09 February 20241 MGA = 0.0003 CAD
12 February 20241 MGA = 0.0003 CAD
13 February 20241 MGA = 0.0003 CAD
14 February 20241 MGA = 0.0003 CAD
15 February 20241 MGA = 0.0003 CAD
16 February 20241 MGA = 0.0003 CAD
17 February 20241 MGA = 0.0003 CAD
18 February 20241 MGA = 0.0003 CAD
19 February 20241 MGA = 0.0003 CAD
20 February 20241 MGA = 0.0003 CAD
21 February 20241 MGA = 0.0003 CAD
22 February 20241 MGA = 0.0003 CAD
23 February 20241 MGA = 0.0003 CAD
24 February 20241 MGA = 0.0003 CAD
25 February 20241 MGA = 0.0003 CAD
26 February 20241 MGA = 0.0003 CAD
27 February 20241 MGA = 0.0003 CAD
28 February 20241 MGA = 0.0003 CAD
29 February 20241 MGA = 0.0003 CAD

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.
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