Historic Rwandan franc Malagasy Ariary

Rwandan franc malagasy ariary history for January 2024. The highest quote for this month is 3.6636 (01/01/2024) and the lowest 3.6636 (01/01/2024). The difference between high and low is 0.

RWF MGA average rate for January 2024 is 3.61147, the change between 01/01/2024 and 31/01/2024 is +2.41 %.

01 January 20241 RWF = 3.664 MGA
02 January 20241 RWF = 3.664 MGA
03 January 20241 RWF = 3.613 MGA
04 January 20241 RWF = 3.641 MGA
05 January 20241 RWF = 3.660 MGA
06 January 20241 RWF = 3.655 MGA
07 January 20241 RWF = 3.655 MGA
08 January 20241 RWF = 3.640 MGA
09 January 20241 RWF = 3.664 MGA
10 January 20241 RWF = 3.620 MGA
11 January 20241 RWF = 3.626 MGA
12 January 20241 RWF = 3.613 MGA
14 January 20241 RWF = 3.634 MGA
15 January 20241 RWF = 3.561 MGA
16 January 20241 RWF = 3.579 MGA
17 January 20241 RWF = 3.600 MGA
18 January 20241 RWF = 3.609 MGA
19 January 20241 RWF = 3.605 MGA
22 January 20241 RWF = 3.549 MGA
23 January 20241 RWF = 3.590 MGA
24 January 20241 RWF = 3.580 MGA
25 January 20241 RWF = 3.587 MGA
26 January 20241 RWF = 3.597 MGA
28 January 20241 RWF = 3.593 MGA
29 January 20241 RWF = 3.565 MGA
30 January 20241 RWF = 3.571 MGA
31 January 20241 RWF = 3.575 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.

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.
RWF MGA July 2023
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