Historic Malagasy Ariary Tanzanian Shilling

Malagasy Ariary tanzanian shilling history for August 2023. The highest quote for this month is 0.56894 (09/08/2023) and the lowest 0.56508 (10/08/2023). The difference between high and low is 0.68.

MGA TZS average rate for August 2023 is 0.56, the change between 01/08/2023 and 31/08/2023 is -1 %.

01 August 20231 MGA = 0.5542 TZS
02 August 20231 MGA = 0.5529 TZS
03 August 20231 MGA = 0.5489 TZS
04 August 20231 MGA = 0.5587 TZS
07 August 20231 MGA = 0.5609 TZS
08 August 20231 MGA = 0.5617 TZS
09 August 20231 MGA = 0.5620 TZS
10 August 20231 MGA = 0.5678 TZS
11 August 20231 MGA = 0.5591 TZS
14 August 20231 MGA = 0.5582 TZS
15 August 20231 MGA = 0.5651 TZS
16 August 20231 MGA = 0.5652 TZS
17 August 20231 MGA = 0.5626 TZS
18 August 20231 MGA = 0.5642 TZS
21 August 20231 MGA = 0.5605 TZS
22 August 20231 MGA = 0.5636 TZS
24 August 20231 MGA = 0.5583 TZS
25 August 20231 MGA = 0.5635 TZS
28 August 20231 MGA = 0.5563 TZS
29 August 20231 MGA = 0.5579 TZS
30 August 20231 MGA = 0.5589 TZS
31 August 20231 MGA = 0.5597 TZS

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.

01/08/2003: Second Redenomination of Ariary

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

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.

26/06/1961: Introduction of Malagasy Franc

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