Historic Comorian Franc Malagasy Ariary

Comorian Franc malagasy ariary history for February 2024. The highest quote for this month is 9.986 (24/02/2024) and the lowest 57.512 (16/02/2024). The difference between high and low is -475.93.

KMF MGA average rate for February 2024 is 9.89744, the change between 01/02/2024 and 29/02/2024 is +0.69 %.

01 February 20241 KMF = 9.92 MGA
02 February 20241 KMF = 9.95 MGA
03 February 20241 KMF = 9.94 MGA
04 February 20241 KMF = 9.94 MGA
05 February 20241 KMF = 9.90 MGA
06 February 20241 KMF = 9.85 MGA
07 February 20241 KMF = 9.84 MGA
08 February 20241 KMF = 9.92 MGA
09 February 20241 KMF = 9.86 MGA
12 February 20241 KMF = 9.84 MGA
13 February 20241 KMF = 9.91 MGA
14 February 20241 KMF = 9.85 MGA
15 February 20241 KMF = 9.86 MGA
16 February 20241 KMF = 9.88 MGA
17 February 20241 KMF = 9.91 MGA
18 February 20241 KMF = 9.91 MGA
19 February 20241 KMF = 9.85 MGA
20 February 20241 KMF = 9.85 MGA
21 February 20241 KMF = 9.92 MGA
22 February 20241 KMF = 9.91 MGA
23 February 20241 KMF = 9.88 MGA
24 February 20241 KMF = 9.99 MGA
25 February 20241 KMF = 9.99 MGA
26 February 20241 KMF = 9.87 MGA
27 February 20241 KMF = 9.95 MGA
28 February 20241 KMF = 9.93 MGA
29 February 20241 KMF = 9.85 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.

18/01/2021: Suspension of Eco adoption

The Central Bank of the Comoros suspended the adoption of the Eco currency, retaining the Comorian Franc as the official currency.

01/01/2019: Replacement of the Franc by the Eco

Comoros agreed to replace the Comorian Franc with the proposed Eco currency, along with other West African countries.

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.

01/07/1997: Revaluation of the Comorian Franc

The Comorian Franc was revalued at a ratio of 1 new Franc to 75 old Francs, reducing the value of the currency.

20/06/1994: Introduction of the New Comorian Franc

Comoros introduced a new series of banknotes and coins, replacing the old Comorian 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.

01/01/1976: Establishment of the Central Bank of Comoros

The Central Bank of Comoros was established to manage the monetary policies and issue the Comorian Franc.

06/07/1975: Independence of Comoros

Comoros gained independence from France, but continued using the Comorian Franc as its currency.

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.

01/01/1920: Introduction of the Comorian Franc

The Comorian Franc was introduced as the official currency of Comoros by the French colonial administration.
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