Historic Malagasy Ariary Mauritian Rupee

Malagasy Ariary mauritian rupee history for February 2024. The highest quote for this month is 0.010303 (17/02/2024) and the lowest 0.010303 (17/02/2024). The difference between high and low is 0.

MGA MUR average rate for February 2024 is 0.00996, the change between 01/02/2024 and 29/02/2024 is -0.15 %.

01 February 20241 MGA = 0.0098 MUR
02 February 20241 MGA = 0.0098 MUR
03 February 20241 MGA = 0.0100 MUR
04 February 20241 MGA = 0.0101 MUR
05 February 20241 MGA = 0.0099 MUR
06 February 20241 MGA = 0.0099 MUR
07 February 20241 MGA = 0.0100 MUR
08 February 20241 MGA = 0.0098 MUR
09 February 20241 MGA = 0.0100 MUR
12 February 20241 MGA = 0.0099 MUR
13 February 20241 MGA = 0.0097 MUR
14 February 20241 MGA = 0.0100 MUR
15 February 20241 MGA = 0.0101 MUR
16 February 20241 MGA = 0.0099 MUR
17 February 20241 MGA = 0.0103 MUR
18 February 20241 MGA = 0.0103 MUR
19 February 20241 MGA = 0.0104 MUR
20 February 20241 MGA = 0.0099 MUR
21 February 20241 MGA = 0.0099 MUR
22 February 20241 MGA = 0.0098 MUR
23 February 20241 MGA = 0.0100 MUR
24 February 20241 MGA = 0.0100 MUR
25 February 20241 MGA = 0.0100 MUR
26 February 20241 MGA = 0.0099 MUR
27 February 20241 MGA = 0.0098 MUR
28 February 20241 MGA = 0.0099 MUR
29 February 20241 MGA = 0.0098 MUR

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.

15/02/2013: Launch of New MUR Banknotes

New series of Mauritian Rupee banknotes were launched, featuring enhanced security features and updated designs, reflecting the rich cultural heritage of Mauritius.

08/09/2007: Currency Reform and New Coinage System

A currency reform was implemented, introducing new coins denominated in cents, with the aim of streamlining and modernizing the monetary system.

01/08/2003: Second Redenomination of Ariary

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

03/08/1999: Establishment of Bank of Mauritius

Bank of Mauritius Act was enacted, establishing the central bank responsible for the formulation and implementation of monetary policy in the country.

01/07/1994: Conversion to Decimal Currency System

Mauritian Rupee adopted the decimal currency system, replacing the previous pound-based system, with 1 Rupee consisting of 100 cents.

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.

01/07/1992: Introduction of Polymer Banknotes

Polymer-based banknotes were introduced in Mauritius, replacing the traditional paper notes, to improve durability and security against counterfeiting.

01/01/1983: Introduction of Malagasy Ariary

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

01/10/1979: Decentralization of Currency Printing

Printing of Mauritian Rupee banknotes was decentralized from the Bank of England to Mauritius, leading to enhanced national monetary control.

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 Mauritian Rupee

Mauritian Rupee was introduced as the official currency replacing the Mauritian Pound, with an initial exchange rate of 1 Rupee to 10 Shillings.

26/06/1961: Introduction of Malagasy Franc

Malagasy Franc introduced as the official currency of Madagascar to replace the French Franc.
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