Historic Comorian Franc Malagasy Ariary

Comorian Franc malagasy ariary history for January 2024. The highest quote for this month is 10.295 (01/01/2024) and the lowest 10.324 (01/01/2024). The difference between high and low is -0.28.

KMF MGA average rate for January 2024 is 10.0763, the change between 01/01/2024 and 31/01/2024 is +3.76 %.

01 January 20241 KMF = 10.32 MGA
02 January 20241 KMF = 10.29 MGA
03 January 20241 KMF = 10.24 MGA
04 January 20241 KMF = 10.12 MGA
05 January 20241 KMF = 10.18 MGA
06 January 20241 KMF = 10.16 MGA
07 January 20241 KMF = 10.16 MGA
08 January 20241 KMF = 10.09 MGA
09 January 20241 KMF = 10.19 MGA
10 January 20241 KMF = 10.07 MGA
11 January 20241 KMF = 10.11 MGA
12 January 20241 KMF = 10.08 MGA
14 January 20241 KMF = 10.18 MGA
15 January 20241 KMF = 10.08 MGA
16 January 20241 KMF = 10.06 MGA
17 January 20241 KMF = 10.05 MGA
18 January 20241 KMF = 10.03 MGA
19 January 20241 KMF = 10.02 MGA
22 January 20241 KMF = 9.97 MGA
23 January 20241 KMF = 10.01 MGA
24 January 20241 KMF = 9.97 MGA
25 January 20241 KMF = 10.01 MGA
26 January 20241 KMF = 9.97 MGA
28 January 20241 KMF = 10.00 MGA
29 January 20241 KMF = 9.88 MGA
30 January 20241 KMF = 9.89 MGA
31 January 20241 KMF = 9.93 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.
KMF MGA January 2024
KMF MGA February 2024
KMF MGA March 2024
KMF MGA April 2024
KMF MGA May 2024
KMF MGA June 2024
KMF MGA July 2024
KMF MGA August 2024
KMF MGA September 2024
KMF MGA October 2024
KMF MGA November 2024
KMF MGA December 2024
KMF MGA January 2025