Historic Malagasy Ariary Sri Lankan rupee

Malagasy Ariary sri lankan rupee history for January 2024. The highest quote for this month is 0.070687 (16/01/2024) and the lowest 0.070693 (15/01/2024). The difference between high and low is -0.01.

MGA LKR average rate for January 2024 is 0.07019, the change between 01/01/2024 and 31/01/2024 is +0.89 %.

01 January 20241 MGA = 0.0703 LKR
02 January 20241 MGA = 0.0703 LKR
03 January 20241 MGA = 0.0700 LKR
04 January 20241 MGA = 0.0701 LKR
05 January 20241 MGA = 0.0699 LKR
06 January 20241 MGA = 0.0701 LKR
08 January 20241 MGA = 0.0705 LKR
09 January 20241 MGA = 0.0697 LKR
10 January 20241 MGA = 0.0705 LKR
11 January 20241 MGA = 0.0706 LKR
12 January 20241 MGA = 0.0707 LKR
15 January 20241 MGA = 0.0705 LKR
16 January 20241 MGA = 0.0707 LKR
17 January 20241 MGA = 0.0706 LKR
18 January 20241 MGA = 0.0700 LKR
19 January 20241 MGA = 0.0701 LKR
22 January 20241 MGA = 0.0703 LKR
23 January 20241 MGA = 0.0701 LKR
24 January 20241 MGA = 0.0704 LKR
25 January 20241 MGA = 0.0698 LKR
26 January 20241 MGA = 0.0697 LKR
29 January 20241 MGA = 0.0702 LKR
30 January 20241 MGA = 0.0699 LKR
31 January 20241 MGA = 0.0697 LKR

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.

16/12/2016: Demonetization of 50 Rupee Note

The 50 Rupee banknote was demonetized, leading to widespread confusion and inconvenience as people rushed to exchange their old notes.

01/01/2010: Decimalization of Rupee

The Rupee was decimalized, with the introduction of coins denominated in cents, replacing the previous system of cents represented as a fraction of a Rupee.

17/08/2005: Series of New Banknotes

A new series of banknotes featuring improved security features and a more vibrant design was introduced to combat counterfeiting.

01/08/2003: Second Redenomination of Ariary

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

01/06/2001: Introduction of 10 Rupee Coin

The 10 Rupee coin was introduced, replacing the 10 Rupee banknotes, to reduce the cost of production and improve durability.

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.

01/07/1977: Floating Exchange Rate

Sri Lanka shifted to a floating exchange rate regime, allowing the value of the Rupee to fluctuate based on market forces.

26/06/1975: Independence of Madagascar

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

22/05/1972: Ceylon becomes Sri Lanka

The country changes its name from Ceylon to Sri Lanka, and the currency is renamed Sri Lankan Rupee (LKR).

22/06/1966: Introduction of the Ceylon Rupee

The Ceylon Rupee was established as the official currency of Sri Lanka, replacing the Indian Rupee at a rate of 1:2.

26/06/1961: Introduction of Malagasy Franc

Malagasy Franc introduced as the official currency of Madagascar to replace the French Franc.
MGA LKR August 2023
MGA LKR September 2023
MGA LKR October 2023
MGA LKR November 2023
MGA LKR December 2023
MGA LKR January 2024
MGA LKR February 2024
MGA LKR March 2024
MGA LKR April 2024
MGA LKR May 2024
MGA LKR June 2024
MGA LKR July 2024
MGA LKR August 2024