Historic Cambodian Riel Malagasy Ariary

Cambodian Riel malagasy ariary history for January 2024. The highest quote for this month is 1.1423 (04/01/2024) and the lowest 1.1421 (01/01/2024). The difference between high and low is 0.02.

KHR MGA average rate for January 2024 is 1.1211, the change between 01/01/2024 and 31/01/2024 is +3.08 %.

01 January 20241 KHR = 1.142 MGA
02 January 20241 KHR = 1.142 MGA
03 January 20241 KHR = 1.119 MGA
04 January 20241 KHR = 1.119 MGA
05 January 20241 KHR = 1.121 MGA
06 January 20241 KHR = 1.123 MGA
07 January 20241 KHR = 1.123 MGA
08 January 20241 KHR = 1.137 MGA
09 January 20241 KHR = 1.121 MGA
10 January 20241 KHR = 1.130 MGA
11 January 20241 KHR = 1.112 MGA
12 January 20241 KHR = 1.110 MGA
14 January 20241 KHR = 1.123 MGA
15 January 20241 KHR = 1.133 MGA
16 January 20241 KHR = 1.131 MGA
17 January 20241 KHR = 1.131 MGA
18 January 20241 KHR = 1.116 MGA
19 January 20241 KHR = 1.115 MGA
22 January 20241 KHR = 1.133 MGA
23 January 20241 KHR = 1.112 MGA
24 January 20241 KHR = 1.106 MGA
25 January 20241 KHR = 1.111 MGA
26 January 20241 KHR = 1.112 MGA
28 January 20241 KHR = 1.113 MGA
29 January 20241 KHR = 1.122 MGA
30 January 20241 KHR = 1.105 MGA
31 January 20241 KHR = 1.107 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.

22/04/2020: COVID-19 Impact

The COVID-19 pandemic caused disruptions in the Cambodian economy, leading to a decline in the value of the Riel.

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.

04/01/2001: Riel Redenomination

The Cambodian government redenominated the Riel by removing four zeros, making it easier for transactions.

20/03/1995: Dollarization

Cambodia officially adopted a dual currency system, allowing the use of both Riel and the United States Dollar.

20/03/1994: Currency Stabilization

Cambodia implemented a new currency stabilization plan to control hyperinflation and stabilize the Riel.

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.

07/01/1979: Liberation of Cambodia

Vietnamese forces liberated Cambodia from the Khmer Rouge, leading to the reestablishment of the Riel.

26/06/1975: Independence of Madagascar

Madagascar declares independence from French colonial rule, leading to changes in the national currency.

17/04/1975: Khmer Rouge Regime

The Khmer Rouge regime took control of Cambodia, resulting in the abolition of currency and economic collapse.

26/06/1961: Introduction of Malagasy Franc

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

11/07/1951: Introduction of the Riel

The Riel was established as the official currency of Cambodia, replacing the French Indochinese Piastre.