Historic Jamaican Dollar Malagasy Ariary

Jamaican Dollar malagasy ariary history for January 2024. The highest quote for this month is 29.93 (05/01/2024) and the lowest 29.867 (06/01/2024). The difference between high and low is 0.21.

JMD MGA average rate for January 2024 is 29.56337, the change between 01/01/2024 and 31/01/2024 is +1.76 %.

01 January 20241 JMD = 29.85 MGA
02 January 20241 JMD = 29.85 MGA
03 January 20241 JMD = 29.84 MGA
04 January 20241 JMD = 29.87 MGA
05 January 20241 JMD = 29.96 MGA
06 January 20241 JMD = 29.86 MGA
07 January 20241 JMD = 29.86 MGA
08 January 20241 JMD = 29.76 MGA
09 January 20241 JMD = 30.00 MGA
10 January 20241 JMD = 29.64 MGA
11 January 20241 JMD = 29.59 MGA
12 January 20241 JMD = 29.49 MGA
14 January 20241 JMD = 29.55 MGA
15 January 20241 JMD = 29.44 MGA
16 January 20241 JMD = 29.34 MGA
17 January 20241 JMD = 29.33 MGA
18 January 20241 JMD = 29.60 MGA
19 January 20241 JMD = 29.54 MGA
22 January 20241 JMD = 29.34 MGA
23 January 20241 JMD = 29.46 MGA
24 January 20241 JMD = 29.27 MGA
25 January 20241 JMD = 29.35 MGA
26 January 20241 JMD = 29.36 MGA
28 January 20241 JMD = 29.44 MGA
29 January 20241 JMD = 29.06 MGA
30 January 20241 JMD = 29.27 MGA
31 January 20241 JMD = 29.32 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.

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.

16/03/2015: Bank of Jamaica Act

The Bank of Jamaica Act was passed, granting the central bank greater autonomy in executing monetary policy and promoting financial stability.

12/02/2013: Currency devaluation

To stabilize the economy, the Jamaican Dollar was devalued by approximately 16.5% against major currencies.

28/11/2010: IMF agreement

Jamaica reached an agreement with the International Monetary Fund (IMF) for a financial support program to address economic challenges.

01/08/2003: Second Redenomination of Ariary

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

30/04/1994: Foreign exchange liberalization

Jamaica lifted restrictions on foreign exchange, allowing for more flexible trade and investment opportunities.

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.

25/03/1991: JMD devaluation

Due to economic pressures, the Jamaican Dollar was devalued by 33.3%, leading to an increase in the exchange rate.

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.

05/08/1971: Currency decimalization

Jamaica decimalized its currency, dividing the Jamaican Dollar into 100 cents instead of 20 shillings.

07/02/1969: Jamaican Dollar introduced

The Jamaican Dollar (JMD) was introduced as the official currency of Jamaica, replacing the Jamaican pound.

26/06/1961: Introduction of Malagasy Franc

Malagasy Franc introduced as the official currency of Madagascar to replace the French Franc.
JMD MGA January 2024
JMD MGA February 2024
JMD MGA March 2024
JMD MGA April 2024
JMD MGA May 2024
JMD MGA June 2024
JMD MGA July 2024
JMD MGA August 2024
JMD MGA September 2024
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JMD MGA November 2024
JMD MGA December 2024
JMD MGA January 2025