Historic Malagasy Ariary Malaysian ringgit

Malagasy Ariary malaysian ringgit history for January 2024. The highest quote for this month is 0.001054 (29/01/2024) and the lowest 0.001059 (31/01/2024). The difference between high and low is -0.47.

MGA MYR average rate for January 2024 is 0.00103, the change between 01/01/2024 and 31/01/2024 is -4.38 %.

01 January 20241 MGA = 0.0010 MYR
02 January 20241 MGA = 0.0010 MYR
03 January 20241 MGA = 0.0010 MYR
04 January 20241 MGA = 0.0010 MYR
05 January 20241 MGA = 0.0010 MYR
06 January 20241 MGA = 0.0010 MYR
07 January 20241 MGA = 0.0010 MYR
08 January 20241 MGA = 0.0010 MYR
09 January 20241 MGA = 0.0010 MYR
10 January 20241 MGA = 0.0010 MYR
11 January 20241 MGA = 0.0010 MYR
12 January 20241 MGA = 0.0010 MYR
14 January 20241 MGA = 0.0010 MYR
15 January 20241 MGA = 0.0010 MYR
16 January 20241 MGA = 0.0010 MYR
17 January 20241 MGA = 0.0010 MYR
18 January 20241 MGA = 0.0010 MYR
19 January 20241 MGA = 0.0010 MYR
22 January 20241 MGA = 0.0010 MYR
23 January 20241 MGA = 0.0010 MYR
24 January 20241 MGA = 0.0011 MYR
25 January 20241 MGA = 0.0010 MYR
26 January 20241 MGA = 0.0010 MYR
28 January 20241 MGA = 0.0010 MYR
29 January 20241 MGA = 0.0011 MYR
30 January 20241 MGA = 0.0011 MYR
31 January 20241 MGA = 0.0010 MYR

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.

18/03/2020: COVID-19 Pandemic Impact

The COVID-19 pandemic caused a sharp decline in the value of the ringgit, as global markets experienced volatility and economic slowdown.

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.

12/08/2015: Ringgit Depreciation

The Malaysian ringgit experienced a significant depreciation against major currencies due to falling oil prices and global economic uncertainties.

21/07/2005: Removal of Currency Peg

The Malaysian government removed the fixed exchange rate peg to the US dollar, allowing the ringgit to float freely based on market forces.

01/08/2003: Second Redenomination of Ariary

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

02/07/1997: Asian Financial Crisis

The Malaysian ringgit was heavily affected by the Asian financial crisis, leading to a currency devaluation and introduction of capital controls.

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.

12/06/1985: Currency Pegged to the US Dollar

The Malaysian ringgit was pegged to the US dollar at a fixed exchange rate of RM2.50 per USD to stabilize the economy.

01/01/1983: Introduction of Malagasy Ariary

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

29/08/1975: Change to Malaysian Ringgit

The Malaysian dollar was renamed as the Malaysian ringgit, with the currency symbol RM, to reflect the country's independence and identity.

26/06/1975: Independence of Madagascar

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

12/06/1967: Introduction of the Malaysian Dollar

The Malaysian dollar was introduced as the official currency of Malaysia, replacing the Malaya and British Borneo dollar.

26/06/1961: Introduction of Malagasy Franc

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