Historic Malagasy Ariary Mauritian Rupee

Malagasy Ariary mauritian rupee history for January 2024. The highest quote for this month is 0.010047 (30/01/2024) and the lowest 0.010039 (28/01/2024). The difference between high and low is 0.08.

MGA MUR average rate for January 2024 is 0.00964, the change between 01/01/2024 and 31/01/2024 is -1.74 %.

01 January 20241 MGA = 0.0095 MUR
02 January 20241 MGA = 0.0095 MUR
03 January 20241 MGA = 0.0094 MUR
04 January 20241 MGA = 0.0094 MUR
05 January 20241 MGA = 0.0096 MUR
06 January 20241 MGA = 0.0096 MUR
07 January 20241 MGA = 0.0097 MUR
08 January 20241 MGA = 0.0096 MUR
09 January 20241 MGA = 0.0095 MUR
10 January 20241 MGA = 0.0098 MUR
11 January 20241 MGA = 0.0095 MUR
12 January 20241 MGA = 0.0098 MUR
14 January 20241 MGA = 0.0096 MUR
15 January 20241 MGA = 0.0096 MUR
16 January 20241 MGA = 0.0099 MUR
17 January 20241 MGA = 0.0098 MUR
18 January 20241 MGA = 0.0095 MUR
19 January 20241 MGA = 0.0095 MUR
22 January 20241 MGA = 0.0095 MUR
23 January 20241 MGA = 0.0095 MUR
24 January 20241 MGA = 0.0095 MUR
25 January 20241 MGA = 0.0096 MUR
26 January 20241 MGA = 0.0096 MUR
28 January 20241 MGA = 0.0100 MUR
29 January 20241 MGA = 0.0099 MUR
30 January 20241 MGA = 0.0100 MUR
31 January 20241 MGA = 0.0096 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.
MGA MUR January 2024
MGA MUR February 2024
MGA MUR March 2024
MGA MUR April 2024
MGA MUR May 2024
MGA MUR June 2024
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MGA MUR September 2024
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MGA MUR January 2025