Historic Kuwaiti Dinar Malagasy Ariary

Kuwaiti Dinar malagasy ariary history for January 2024. The highest quote for this month is 14923.1 (01/01/2024) and the lowest 14919.8 (07/01/2024). The difference between high and low is 0.02.

KWD MGA average rate for January 2024 is 14771.37037, the change between 01/01/2024 and 31/01/2024 is +1.58 %.

01 January 20241 KWD = 14901.50 MGA
02 January 20241 KWD = 14915.00 MGA
03 January 20241 KWD = 14838.10 MGA
04 January 20241 KWD = 14836.20 MGA
05 January 20241 KWD = 14898.90 MGA
06 January 20241 KWD = 14919.80 MGA
07 January 20241 KWD = 14919.80 MGA
08 January 20241 KWD = 14774.80 MGA
09 January 20241 KWD = 14923.40 MGA
10 January 20241 KWD = 14744.90 MGA
11 January 20241 KWD = 14764.60 MGA
12 January 20241 KWD = 14736.30 MGA
14 January 20241 KWD = 14878.10 MGA
15 January 20241 KWD = 14727.10 MGA
16 January 20241 KWD = 14696.90 MGA
17 January 20241 KWD = 14697.80 MGA
18 January 20241 KWD = 14768.10 MGA
19 January 20241 KWD = 14756.10 MGA
22 January 20241 KWD = 14677.70 MGA
23 January 20241 KWD = 14712.10 MGA
24 January 20241 KWD = 14648.40 MGA
25 January 20241 KWD = 14716.40 MGA
26 January 20241 KWD = 14730.80 MGA
28 January 20241 KWD = 14735.00 MGA
29 January 20241 KWD = 14592.20 MGA
30 January 20241 KWD = 14651.30 MGA
31 January 20241 KWD = 14665.70 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.

20/05/2007: Kuwaiti Dinar Redenominated

The Kuwaiti Dinar underwent a redenomination, with the introduction of new banknotes and removal of three zeros from the currency.

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 Invasion of Iraq

The United States and its allies invaded Iraq, leading to a period of uncertainty and affecting the value of the Kuwaiti 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.

25/03/1991: Kuwait Liberated

Coalition forces led by the United States liberated Kuwait from Iraqi occupation, restoring stability to the country and its currency.

02/08/1990: Iraqi Invasion of Kuwait

Iraqi forces invaded Kuwait, leading to the Gulf War and causing a significant decline in the value of the Kuwaiti Dinar.

01/01/1983: Introduction of Malagasy Ariary

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

16/09/1980: Iraq-Iran War Begins

The Iraq-Iran War started, leading to economic instability in the region and affecting the value of the Kuwaiti Dinar.

20/10/1975: Kuwait Dinar Pegged to Special Drawing Rights (SDR)

Kuwait pegged its currency to a basket of international currencies known as Special Drawing Rights (SDR) instead of the US Dollar.

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.

02/01/1961: Kuwaiti Dinar Introduced

The Kuwaiti Dinar (KWD) was officially introduced as the currency of Kuwait, replacing the Gulf Rupee.