Historic Australian dollar Malagasy Ariary

Australian dollar malagasy ariary history for January 2024. The highest quote for this month is 3119.45 (01/01/2024) and the lowest 3118.29 (01/01/2024). The difference between high and low is 0.04.

AUD MGA average rate for January 2024 is 3021.8, the change between 01/01/2024 and 31/01/2024 is +4.71 %.

01 January 20241 AUD = 3117.97 MGA
02 January 20241 AUD = 3116.23 MGA
03 January 20241 AUD = 3081.78 MGA
04 January 20241 AUD = 3068.25 MGA
05 January 20241 AUD = 3068.27 MGA
06 January 20241 AUD = 3082.36 MGA
07 January 20241 AUD = 3082.36 MGA
08 January 20241 AUD = 3046.78 MGA
09 January 20241 AUD = 3077.76 MGA
10 January 20241 AUD = 3025.86 MGA
11 January 20241 AUD = 3038.84 MGA
12 January 20241 AUD = 3028.55 MGA
14 January 20241 AUD = 3057.42 MGA
15 January 20241 AUD = 3022.61 MGA
16 January 20241 AUD = 2999.07 MGA
17 January 20241 AUD = 2975.38 MGA
18 January 20241 AUD = 2974.61 MGA
19 January 20241 AUD = 2985.32 MGA
22 January 20241 AUD = 2975.16 MGA
23 January 20241 AUD = 2969.91 MGA
24 January 20241 AUD = 2963.84 MGA
25 January 20241 AUD = 2972.67 MGA
26 January 20241 AUD = 2980.11 MGA
28 January 20241 AUD = 2981.89 MGA
29 January 20241 AUD = 2948.25 MGA
30 January 20241 AUD = 2976.39 MGA
31 January 20241 AUD = 2970.96 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.

18/03/2020: COVID-19 pandemic impact

The Australian dollar experienced a sharp decline due to the global economic impact of the COVID-19 pandemic and uncertainty in financial markets.

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.

13/10/2011: Record high exchange rate

The Australian dollar reached a record high exchange rate of above $1.10 against the US dollar, driven by strong commodity demand and high interest rates.

06/10/2008: Global Financial Crisis

The Australian dollar experienced a significant decline due to the impact of the global financial crisis, reaching a low point of around $0.60 against the US dollar.

01/08/2003: Second Redenomination of Ariary

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

30/06/1996: Introduction of the polymer banknotes

Australia introduced polymer banknotes, replacing the paper-based banknotes, enhancing their durability and security features.

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.

08/03/1983: Floating of the Australian dollar

The Australian dollar was fully floated and allowed to fluctuate freely on the foreign exchange market, leading to increased volatility.

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.

12/12/1971: End of the fixed exchange rate

Australia shifted from a fixed exchange rate to a flexible exchange rate, allowing market forces to determine the value of the Australian dollar.

13/02/1966: Decimalisation of the Australian currency

Australia adopted decimal currency, replacing the pound with the Australian dollar, symbol 'A$'.

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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