Historic Malagasy Ariary Cayman Islands dollar

Malagasy Ariary cayman islands dollar history for February 2024. The highest quote for this month is 0.000182 (01/02/2024) and the lowest 0.000182 (01/02/2024). The difference between high and low is 0.

MGA KYD average rate for February 2024 is 0.00018, the change between 01/02/2024 and 29/02/2024 is -0.55 %.

01 February 20241 MGA = 0.0002 KYD
02 February 20241 MGA = 0.0002 KYD
03 February 20241 MGA = 0.0002 KYD
04 February 20241 MGA = 0.0002 KYD
05 February 20241 MGA = 0.0002 KYD
06 February 20241 MGA = 0.0002 KYD
07 February 20241 MGA = 0.0002 KYD
08 February 20241 MGA = 0.0002 KYD
09 February 20241 MGA = 0.0002 KYD
12 February 20241 MGA = 0.0002 KYD
13 February 20241 MGA = 0.0002 KYD
14 February 20241 MGA = 0.0002 KYD
15 February 20241 MGA = 0.0002 KYD
16 February 20241 MGA = 0.0002 KYD
17 February 20241 MGA = 0.0002 KYD
18 February 20241 MGA = 0.0002 KYD
19 February 20241 MGA = 0.0002 KYD
20 February 20241 MGA = 0.0002 KYD
21 February 20241 MGA = 0.0002 KYD
22 February 20241 MGA = 0.0002 KYD
23 February 20241 MGA = 0.0002 KYD
24 February 20241 MGA = 0.0002 KYD
25 February 20241 MGA = 0.0002 KYD
26 February 20241 MGA = 0.0002 KYD
27 February 20241 MGA = 0.0002 KYD
28 February 20241 MGA = 0.0002 KYD
29 February 20241 MGA = 0.0002 KYD

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.

01/01/2010: Removal of 1 cent coin from circulation

Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.

01/11/2007: Transition from Crown Dependencies to Overseas Countries and Territories

The Cayman Islands, including its currency, transitioned from being labeled as a Crown Dependency to an Overseas Country and Territory.

01/08/2003: Second Redenomination of Ariary

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

01/01/2001: Issuance of New Banknotes and Coins

New banknotes and coins with enhanced security features were introduced to combat counterfeiting.

01/01/1999: Introduction of Cayman Islands Currency Law

The Cayman Islands Currency Law was enacted to provide a legal framework for the issuance and regulation of the currency.

01/07/1997: Pegging of the Cayman Islands Dollar to the US Dollar

The Cayman Islands dollar was pegged to the US dollar at a fixed exchange rate of KYD 1.00 = USD 1.20.

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.

26/06/1975: Independence of Madagascar

Madagascar declares independence from French colonial rule, leading to changes in the national currency.

07/11/1974: Creation of the Cayman Islands Monetary Authority

The Cayman Islands Monetary Authority was established as the central bank responsible for regulating the currency and financial institutions.

01/01/1972: Introduction of Cayman Islands Dollar

The Cayman Islands dollar was first introduced as the official currency, replacing the Jamaican dollar.

26/06/1961: Introduction of Malagasy Franc

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