Historic Malagasy Ariary Rwandan franc

Malagasy Ariary rwandan franc history for February 2024. The highest quote for this month is 0.28551 (26/02/2024) and the lowest 0.28185 (29/02/2024). The difference between high and low is 1.28.

MGA RWF average rate for February 2024 is 0.27967, the change between 01/02/2024 and 29/02/2024 is -0.44 %.

01 February 20241 MGA = 0.2804 RWF
02 February 20241 MGA = 0.2797 RWF
03 February 20241 MGA = 0.2785 RWF
04 February 20241 MGA = 0.2785 RWF
05 February 20241 MGA = 0.2810 RWF
06 February 20241 MGA = 0.2803 RWF
07 February 20241 MGA = 0.2804 RWF
08 February 20241 MGA = 0.2790 RWF
09 February 20241 MGA = 0.2804 RWF
12 February 20241 MGA = 0.2800 RWF
13 February 20241 MGA = 0.2794 RWF
14 February 20241 MGA = 0.2793 RWF
15 February 20241 MGA = 0.2772 RWF
16 February 20241 MGA = 0.2772 RWF
17 February 20241 MGA = 0.2789 RWF
18 February 20241 MGA = 0.2789 RWF
19 February 20241 MGA = 0.2799 RWF
20 February 20241 MGA = 0.2804 RWF
21 February 20241 MGA = 0.2775 RWF
22 February 20241 MGA = 0.2774 RWF
23 February 20241 MGA = 0.2795 RWF
24 February 20241 MGA = 0.2793 RWF
25 February 20241 MGA = 0.2793 RWF
26 February 20241 MGA = 0.2809 RWF
27 February 20241 MGA = 0.2804 RWF
28 February 20241 MGA = 0.2858 RWF
29 February 20241 MGA = 0.2817 RWF

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.

24/06/2020: Rwandan Franc Devaluation

The central bank of Rwanda announced a gradual devaluation of the Rwandan franc to enhance export competitiveness and stimulate economic growth.

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.

03/12/2008: New Currency Series

A new series of Rwandan franc banknotes was introduced, featuring updated security features and designs.

01/01/2004: East African Community

Rwanda joined the East African Community, leading to increased economic integration and cooperation within the region.

01/08/2003: Second Redenomination of Ariary

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

03/12/1998: Currency Redenomination

The Rwandan franc underwent a redenomination, with 100 old francs being replaced by 1 new franc.

07/04/1995: Rwandan Genocide

The Rwandan Genocide began, causing economic instability and inflation for the Rwandan franc.

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.

01/12/1973: Currency Reform

A currency reform was implemented, introducing a new series of Rwandan franc banknotes.

25/06/1964: Introduction of the Rwandan Franc

The Rwandan franc was introduced as the official currency of Rwanda, replacing the East African shilling.

26/06/1961: Introduction of Malagasy Franc

Malagasy Franc introduced as the official currency of Madagascar to replace the French Franc.
MGA RWF July 2023
MGA RWF August 2023
MGA RWF September 2023
MGA RWF October 2023
MGA RWF November 2023
MGA RWF December 2023
MGA RWF January 2024
MGA RWF February 2024
MGA RWF March 2024
MGA RWF April 2024
MGA RWF May 2024
MGA RWF June 2024
MGA RWF July 2024