Historic Seychellois Rupee Malagasy Ariary

Seychellois Rupee malagasy ariary history for March 2024. The highest quote for this month is 349.96 (01/03/2024) and the lowest 357.97 (05/03/2024). The difference between high and low is -2.29.

SCR MGA average rate for March 2024 is 340.101, the change between 01/03/2024 and 31/03/2024 is +10.18 %.

01 March 20241 SCR = 358.8 MGA
03 March 20241 SCR = 323.1 MGA
04 March 20241 SCR = 331.8 MGA
05 March 20241 SCR = 358.4 MGA
06 March 20241 SCR = 350.8 MGA
07 March 20241 SCR = 353.6 MGA
08 March 20241 SCR = 350.1 MGA
10 March 20241 SCR = 322.2 MGA
11 March 20241 SCR = 330.0 MGA
12 March 20241 SCR = 322.3 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.

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.

26/06/1961: Introduction of Malagasy Franc

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