Historic Singapore dollar Malagasy Ariary

Singapore dollar malagasy ariary history for February 2024. The highest quote for this month is 3377.81 (24/02/2024) and the lowest 3381.08 (25/02/2024). The difference between high and low is -0.1.

SGD MGA average rate for February 2024 is 3355.86889, the change between 01/02/2024 and 29/02/2024 is +1.02 %.

01 February 20241 SGD = 3357.18 MGA
02 February 20241 SGD = 3370.54 MGA
03 February 20241 SGD = 3377.41 MGA
04 February 20241 SGD = 3378.41 MGA
05 February 20241 SGD = 3360.40 MGA
06 February 20241 SGD = 3332.97 MGA
07 February 20241 SGD = 3352.78 MGA
08 February 20241 SGD = 3372.39 MGA
09 February 20241 SGD = 3341.23 MGA
12 February 20241 SGD = 3335.16 MGA
13 February 20241 SGD = 3361.19 MGA
14 February 20241 SGD = 3349.22 MGA
15 February 20241 SGD = 3353.71 MGA
16 February 20241 SGD = 3356.97 MGA
17 February 20241 SGD = 3371.53 MGA
18 February 20241 SGD = 3370.28 MGA
19 February 20241 SGD = 3344.33 MGA
20 February 20241 SGD = 3334.47 MGA
21 February 20241 SGD = 3360.94 MGA
22 February 20241 SGD = 3358.11 MGA
23 February 20241 SGD = 3345.00 MGA
24 February 20241 SGD = 3377.81 MGA
25 February 20241 SGD = 3378.81 MGA
26 February 20241 SGD = 3339.97 MGA
27 February 20241 SGD = 3356.44 MGA
28 February 20241 SGD = 3348.41 MGA
29 February 20241 SGD = 3322.80 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.

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

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.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

01/08/2003: Second Redenomination of Ariary

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

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

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.

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own currency.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.

26/06/1961: Introduction of Malagasy Franc

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