Malagasy Ariary tanzanian shilling history for March 2024. The highest quote for this month is 0.57185 (05/03/2024) and the lowest 0.57239 (06/03/2024). The difference between high and low is -0.09.
MGA TZS average rate for March 2024 is 0.56669, the change between 01/03/2024 and 31/03/2024 is +0.28 %.
01 March 2024 | 1 MGA = 0.5679 TZS |
03 March 2024 | 1 MGA = 0.5619 TZS |
04 March 2024 | 1 MGA = 0.5618 TZS |
05 March 2024 | 1 MGA = 0.5692 TZS |
06 March 2024 | 1 MGA = 0.5719 TZS |
07 March 2024 | 1 MGA = 0.5692 TZS |
08 March 2024 | 1 MGA = 0.5717 TZS |
10 March 2024 | 1 MGA = 0.5650 TZS |
11 March 2024 | 1 MGA = 0.5621 TZS |
12 March 2024 | 1 MGA = 0.5664 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.