Historic Malagasy Ariary Azerbaijani manat

Malagasy Ariary azerbaijani manat history for February 2024. The highest quote for this month is 0.00038 (29/02/2024) and the lowest 0.000383 (02/02/2024). The difference between high and low is -0.79.

MGA AZN average rate for February 2024 is 0.00038, the change between 01/02/2024 and 29/02/2024 is -0.53 %.

01 February 20241 MGA = 0.0004 AZN
02 February 20241 MGA = 0.0004 AZN
05 February 20241 MGA = 0.0004 AZN
06 February 20241 MGA = 0.0004 AZN
07 February 20241 MGA = 0.0004 AZN
08 February 20241 MGA = 0.0004 AZN
09 February 20241 MGA = 0.0004 AZN
12 February 20241 MGA = 0.0004 AZN
13 February 20241 MGA = 0.0004 AZN
14 February 20241 MGA = 0.0004 AZN
15 February 20241 MGA = 0.0004 AZN
16 February 20241 MGA = 0.0004 AZN
19 February 20241 MGA = 0.0004 AZN
20 February 20241 MGA = 0.0004 AZN
21 February 20241 MGA = 0.0004 AZN
22 February 20241 MGA = 0.0004 AZN
23 February 20241 MGA = 0.0004 AZN
26 February 20241 MGA = 0.0004 AZN
27 February 20241 MGA = 0.0004 AZN
28 February 20241 MGA = 0.0004 AZN
29 February 20241 MGA = 0.0004 AZN

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.

31/12/2020: Digital Currency Pilot

Azerbaijan launched a pilot program to test the use of a digital currency, the digital manat, in an effort to modernize its financial system.

20/12/2017: Second Devaluation

The manat faced another devaluation, this time by around 30%, due to economic challenges and a sharp drop in oil prices.

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.

20/12/2015: Devaluation

The manat was devalued by more than 30% against the US dollar in response to falling oil prices.

20/02/2005: Pegged to US Dollar

The Azerbaijani manat was pegged to the US dollar at a rate of 1.6 manat per dollar.

01/08/2003: Second Redenomination of Ariary

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

14/06/2001: Currency Reform

A currency reform was implemented, resulting in a new manat with a higher exchange rate.

31/12/1993: Hyperinflation

Azerbaijan experienced a period of hyperinflation, leading to the devaluation of the manat.

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.

14/08/1992: Introduction of Manat

The Azerbaijani manat currency was introduced as the official currency of Azerbaijan, replacing the Soviet ruble.

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.

26/06/1961: Introduction of Malagasy Franc

Malagasy Franc introduced as the official currency of Madagascar to replace the French Franc.
MGA AZN August 2023
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