Historic Malagasy Ariary Maldivian rufiyaa

Malagasy Ariary maldivian rufiyaa history for February 2024. The highest quote for this month is 0.003402 (03/02/2024) and the lowest 0.003434 (02/02/2024). The difference between high and low is -0.94.

MGA MVR average rate for February 2024 is 0.00338, the change between 01/02/2024 and 29/02/2024 is -0.29 %.

01 February 20241 MGA = 0.0034 MVR
02 February 20241 MGA = 0.0034 MVR
03 February 20241 MGA = 0.0034 MVR
04 February 20241 MGA = 0.0034 MVR
05 February 20241 MGA = 0.0034 MVR
06 February 20241 MGA = 0.0034 MVR
07 February 20241 MGA = 0.0034 MVR
08 February 20241 MGA = 0.0034 MVR
09 February 20241 MGA = 0.0034 MVR
12 February 20241 MGA = 0.0034 MVR
13 February 20241 MGA = 0.0034 MVR
14 February 20241 MGA = 0.0033 MVR
15 February 20241 MGA = 0.0034 MVR
16 February 20241 MGA = 0.0034 MVR
17 February 20241 MGA = 0.0034 MVR
18 February 20241 MGA = 0.0034 MVR
19 February 20241 MGA = 0.0034 MVR
20 February 20241 MGA = 0.0034 MVR
21 February 20241 MGA = 0.0034 MVR
22 February 20241 MGA = 0.0034 MVR
23 February 20241 MGA = 0.0034 MVR
24 February 20241 MGA = 0.0034 MVR
25 February 20241 MGA = 0.0034 MVR
26 February 20241 MGA = 0.0034 MVR
27 February 20241 MGA = 0.0034 MVR
28 February 20241 MGA = 0.0034 MVR
29 February 20241 MGA = 0.0034 MVR

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.

15/01/2019: Introduction of New Banknotes

New series of banknotes with enhanced security features and improved designs were introduced by the Maldives Monetary Authority.

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.

01/09/2014: Introduction of Polymer Banknotes

Polymer banknotes were introduced in the Maldives, replacing the traditional paper banknotes, enhancing their durability and security features.

01/07/2011: Redenomination of the Rufiyaa

The Maldivian Rufiyaa underwent redenomination, with new banknotes and coins introduced to simplify transactions and reduce the number of zeros.

01/08/2003: Second Redenomination of Ariary

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

01/01/2002: Decimalization of the Rufiyaa

The Maldivian Rufiyaa was decimalized, with 100 laari equaling 1 Rufiyaa, replacing the previous system of 1 Rufiyaa equalling 100 lari.

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.

01/09/1983: Introduction of the Maldivian Rufiyaa

The Maldivian Rufiyaa was introduced as the new currency, replacing the Maldivian Rupee at a 1:1 exchange rate.

01/01/1983: Introduction of Malagasy Ariary

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

01/09/1981: Establishment of the Maldives Monetary Authority

The Maldives Monetary Authority (MMA) was established as the central bank of the Maldives, responsible for issuing and managing the currency.

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.

22/10/1947: Introduction of the Maldivian Rupee

The Maldivian Indian Rupee was adopted as the official currency of the Maldives, replacing the Ceylonese Rupee.
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