Historic Malagasy Ariary Singapore dollar

Malagasy Ariary singapore dollar history for December 2023. The highest quote for this month is 0.000297 (01/12/2023) and the lowest 0.000298 (01/12/2023). The difference between high and low is -0.34.

MGA SGD average rate for December 2023 is 0.00029, the change between 01/12/2023 and 31/12/2023 is +2.36 %.

01 December 20231 MGA = 0.0003 SGD
02 December 20231 MGA = 0.0003 SGD
03 December 20231 MGA = 0.0003 SGD
04 December 20231 MGA = 0.0003 SGD
05 December 20231 MGA = 0.0003 SGD
06 December 20231 MGA = 0.0003 SGD
07 December 20231 MGA = 0.0003 SGD
08 December 20231 MGA = 0.0003 SGD
10 December 20231 MGA = 0.0003 SGD
11 December 20231 MGA = 0.0003 SGD
12 December 20231 MGA = 0.0003 SGD
13 December 20231 MGA = 0.0003 SGD
14 December 20231 MGA = 0.0003 SGD
15 December 20231 MGA = 0.0003 SGD
16 December 20231 MGA = 0.0003 SGD
17 December 20231 MGA = 0.0003 SGD
18 December 20231 MGA = 0.0003 SGD
19 December 20231 MGA = 0.0003 SGD
20 December 20231 MGA = 0.0003 SGD
21 December 20231 MGA = 0.0003 SGD
22 December 20231 MGA = 0.0003 SGD
23 December 20231 MGA = 0.0003 SGD
24 December 20231 MGA = 0.0003 SGD
25 December 20231 MGA = 0.0003 SGD
26 December 20231 MGA = 0.0003 SGD
27 December 20231 MGA = 0.0003 SGD
28 December 20231 MGA = 0.0003 SGD
29 December 20231 MGA = 0.0003 SGD

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.

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

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.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

01/08/2003: Second Redenomination of Ariary

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

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

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.

01/01/1983: Introduction of Malagasy Ariary

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

26/06/1975: Independence of Madagascar

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

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own currency.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.

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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