Iraqi dinar malagasy ariary exchange rate history (IQD MGA) December 2023

Iraqi dinar malagasy ariary history for December 2023. The highest quote for this month is 3.5569 (25/12/2023) and the lowest 3.5563 (25/12/2023). The difference between high and low is 0.02.

IQD MGA average rate for December 2023 is 3.49008, the change between 01/12/2023 and 31/12/2023 is +0.81 %.

01 December 2023	1 IQD = 3.507 MGA
02 December 2023	1 IQD = 3.440 MGA
03 December 2023	1 IQD = 3.440 MGA
04 December 2023	1 IQD = 3.508 MGA
05 December 2023	1 IQD = 3.417 MGA
06 December 2023	1 IQD = 3.463 MGA
07 December 2023	1 IQD = 3.537 MGA
08 December 2023	1 IQD = 3.492 MGA
10 December 2023	1 IQD = 3.455 MGA
11 December 2023	1 IQD = 3.542 MGA
12 December 2023	1 IQD = 3.480 MGA
13 December 2023	1 IQD = 3.556 MGA
14 December 2023	1 IQD = 3.479 MGA
15 December 2023	1 IQD = 3.482 MGA
16 December 2023	1 IQD = 3.458 MGA
17 December 2023	1 IQD = 3.458 MGA
18 December 2023	1 IQD = 3.529 MGA
19 December 2023	1 IQD = 3.551 MGA
20 December 2023	1 IQD = 3.482 MGA
21 December 2023	1 IQD = 3.502 MGA
22 December 2023	1 IQD = 3.482 MGA
23 December 2023	1 IQD = 3.455 MGA
24 December 2023	1 IQD = 3.455 MGA
25 December 2023	1 IQD = 3.556 MGA
26 December 2023	1 IQD = 3.556 MGA
27 December 2023	1 IQD = 3.479 MGA
28 December 2023	1 IQD = 3.482 MGA
29 December 2023	1 IQD = 3.479 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.

15/10/2018: Government Formation

The formation of a new Iraqi government after parliamentary elections brought hopes of stability and potential economic growth, positively impacting the Iraqi dinar.

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.

10/06/2014: ISIS captures Mosul

The capture of Mosul by ISIS led to a further devaluation of the Iraqi dinar and economic instability in the region.

15/10/2004: Introduction of New Iraqi Dinar

A new series of banknotes with enhanced security features was introduced to replace the previous Iraqi dinar notes.

01/08/2003: Second Redenomination of Ariary

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

20/03/2003: US-led Invasion of Iraq

The US-led invasion led to the collapse of the Iraqi government, causing instability and a sharp decline in the value of the Iraqi dinar.

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.

02/08/1990: Iraq invades Kuwait

Iraq's invasion of Kuwait resulted in international economic sanctions and further devaluation of the Iraqi dinar.

01/01/1983: Introduction of Malagasy Ariary

The Malagasy Ariary is introduced as the new official currency of Madagascar, replacing the Malagasy Franc.

22/09/1980: Iran-Iraq War Begins

The Iran-Iraq war started, leading to significant economic challenges and inflation which impacted the Iraqi dinar.

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.

03/10/1932: Independence of Iraq

The Iraqi dinar was introduced as the official currency of Iraq following its independence from British occupation.

Historic Iraqi dinar Malagasy Ariary