Historic Malagasy Ariary Iraqi dinar

Malagasy Ariary iraqi dinar history for February 2024. The highest quote for this month is 0.29116 (23/02/2024) and the lowest 0.29044 (03/02/2024). The difference between high and low is 0.25.

MGA IQD average rate for February 2024 is 0.28856, the change between 01/02/2024 and 29/02/2024 is +1.57 %.

01 February 20241 MGA = 0.2907 IQD
02 February 20241 MGA = 0.2903 IQD
03 February 20241 MGA = 0.2888 IQD
04 February 20241 MGA = 0.2888 IQD
05 February 20241 MGA = 0.2867 IQD
06 February 20241 MGA = 0.2859 IQD
07 February 20241 MGA = 0.2903 IQD
08 February 20241 MGA = 0.2885 IQD
09 February 20241 MGA = 0.2907 IQD
12 February 20241 MGA = 0.2855 IQD
13 February 20241 MGA = 0.2894 IQD
14 February 20241 MGA = 0.2891 IQD
15 February 20241 MGA = 0.2894 IQD
16 February 20241 MGA = 0.2896 IQD
17 February 20241 MGA = 0.2885 IQD
18 February 20241 MGA = 0.2885 IQD
19 February 20241 MGA = 0.2850 IQD
20 February 20241 MGA = 0.2856 IQD
21 February 20241 MGA = 0.2896 IQD
22 February 20241 MGA = 0.2898 IQD
23 February 20241 MGA = 0.2913 IQD
24 February 20241 MGA = 0.2885 IQD
25 February 20241 MGA = 0.2885 IQD
26 February 20241 MGA = 0.2855 IQD
27 February 20241 MGA = 0.2899 IQD
28 February 20241 MGA = 0.2907 IQD
29 February 20241 MGA = 0.2861 IQD

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.
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