Historic Malagasy Ariary Swiss franc

Malagasy Ariary swiss franc history for February 2024. The highest quote for this month is 0.000197 (13/02/2024) and the lowest 0.000197 (14/02/2024). The difference between high and low is 0.

MGA CHF average rate for February 2024 is 0.00019, the change between 01/02/2024 and 29/02/2024 is -2.08 %.

01 February 20241 MGA = 0.0002 CHF
02 February 20241 MGA = 0.0002 CHF
04 February 20241 MGA = 0.0002 CHF
05 February 20241 MGA = 0.0002 CHF
06 February 20241 MGA = 0.0002 CHF
07 February 20241 MGA = 0.0002 CHF
08 February 20241 MGA = 0.0002 CHF
09 February 20241 MGA = 0.0002 CHF
12 February 20241 MGA = 0.0002 CHF
13 February 20241 MGA = 0.0002 CHF
14 February 20241 MGA = 0.0002 CHF
15 February 20241 MGA = 0.0002 CHF
16 February 20241 MGA = 0.0002 CHF
19 February 20241 MGA = 0.0002 CHF
20 February 20241 MGA = 0.0002 CHF
21 February 20241 MGA = 0.0002 CHF
22 February 20241 MGA = 0.0002 CHF
23 February 20241 MGA = 0.0002 CHF
24 February 20241 MGA = 0.0002 CHF
25 February 20241 MGA = 0.0002 CHF
26 February 20241 MGA = 0.0002 CHF
27 February 20241 MGA = 0.0002 CHF
28 February 20241 MGA = 0.0002 CHF
29 February 20241 MGA = 0.0002 CHF

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.

15/01/2015: Removal of Minimum Exchange Rate

The Swiss National Bank unexpectedly abandoned the minimum exchange rate, causing the Swiss franc (CHF) to surge in value.

06/09/2011: Implementation of Minimum Exchange Rate

The Swiss National Bank imposed a minimum exchange rate pegging the Swiss franc (CHF) to the Euro to prevent excessive appreciation.

01/08/2003: Second Redenomination of Ariary

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

13/09/1999: Introduction of Euro

Switzerland decided not to join the Eurozone and maintain the Swiss franc (CHF) as its official currency.

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.

08/05/1973: Floatation of Swiss Franc

Switzerland abandoned the fixed exchange rate system, allowing the Swiss franc (CHF) to float freely against other currencies.

26/06/1961: Introduction of Malagasy Franc

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

01/05/1936: Introduction of Swiss National Bank

The Swiss National Bank was established as the central bank responsible for issuing and managing the Swiss franc (CHF).

24/11/1907: Gold Standard Referendum

Switzerland voted to adopt the gold standard, making the Swiss franc (CHF) fully convertible into gold.

06/06/1850: Currency Act of 1850

The Swiss franc (CHF) was introduced as the official currency of Switzerland.
MGA CHF January 2024
MGA CHF February 2024
MGA CHF March 2024
MGA CHF April 2024
MGA CHF May 2024
MGA CHF June 2024
MGA CHF July 2024
MGA CHF August 2024
MGA CHF September 2024
MGA CHF October 2024
MGA CHF November 2024
MGA CHF December 2024
MGA CHF January 2025