Historic Malagasy Ariary Swiss franc

Malagasy Ariary swiss franc history for January 2024. The highest quote for this month is 0.000193 (23/01/2024) and the lowest 0.000193 (19/01/2024). The difference between high and low is 0.

MGA CHF average rate for January 2024 is 0.00019, the change between 01/01/2024 and 31/01/2024 is -3.8 %.

01 January 20241 MGA = 0.0002 CHF
02 January 20241 MGA = 0.0002 CHF
03 January 20241 MGA = 0.0002 CHF
04 January 20241 MGA = 0.0002 CHF
05 January 20241 MGA = 0.0002 CHF
08 January 20241 MGA = 0.0002 CHF
09 January 20241 MGA = 0.0002 CHF
10 January 20241 MGA = 0.0002 CHF
11 January 20241 MGA = 0.0002 CHF
12 January 20241 MGA = 0.0002 CHF
14 January 20241 MGA = 0.0002 CHF
15 January 20241 MGA = 0.0002 CHF
16 January 20241 MGA = 0.0002 CHF
17 January 20241 MGA = 0.0002 CHF
18 January 20241 MGA = 0.0002 CHF
19 January 20241 MGA = 0.0002 CHF
22 January 20241 MGA = 0.0002 CHF
23 January 20241 MGA = 0.0002 CHF
24 January 20241 MGA = 0.0002 CHF
25 January 20241 MGA = 0.0002 CHF
26 January 20241 MGA = 0.0002 CHF
28 January 20241 MGA = 0.0002 CHF
29 January 20241 MGA = 0.0002 CHF
30 January 20241 MGA = 0.0002 CHF
31 January 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
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