Historic Malagasy Ariary Thai baht

Malagasy Ariary thai baht history for February 2024. The highest quote for this month is 0.008049 (29/02/2024) and the lowest 0.008021 (16/02/2024). The difference between high and low is 0.35.

MGA THB average rate for February 2024 is 0.00794, the change between 01/02/2024 and 29/02/2024 is -1.76 %.

01 February 20241 MGA = 0.0079 THB
02 February 20241 MGA = 0.0078 THB
03 February 20241 MGA = 0.0078 THB
04 February 20241 MGA = 0.0078 THB
05 February 20241 MGA = 0.0079 THB
06 February 20241 MGA = 0.0080 THB
07 February 20241 MGA = 0.0079 THB
08 February 20241 MGA = 0.0078 THB
09 February 20241 MGA = 0.0080 THB
12 February 20241 MGA = 0.0080 THB
13 February 20241 MGA = 0.0079 THB
14 February 20241 MGA = 0.0080 THB
15 February 20241 MGA = 0.0080 THB
16 February 20241 MGA = 0.0080 THB
17 February 20241 MGA = 0.0079 THB
18 February 20241 MGA = 0.0080 THB
19 February 20241 MGA = 0.0080 THB
20 February 20241 MGA = 0.0080 THB
21 February 20241 MGA = 0.0080 THB
22 February 20241 MGA = 0.0079 THB
23 February 20241 MGA = 0.0080 THB
24 February 20241 MGA = 0.0079 THB
25 February 20241 MGA = 0.0079 THB
26 February 20241 MGA = 0.0080 THB
27 February 20241 MGA = 0.0080 THB
28 February 20241 MGA = 0.0080 THB
29 February 20241 MGA = 0.0080 THB

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.

15/04/2019: Coronation of King Rama X

King Maha Vajiralongkorn's coronation ceremony took place, affirming stability and continuity in the monarchy.

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.

19/09/2006: 2006 Thai coup d'état

The military staged a coup overthrowing the government, causing political instability and affecting the currency.

01/08/2003: Second Redenomination of Ariary

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

02/07/1997: Asian Financial Crisis

The Thai baht was devalued triggering the Asian financial crisis, resulting in economic recession and structural reforms.

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.

01/01/1980: Currency Floatation

The Thai baht was shifted from a fixed to a floating exchange rate system, leading to increased volatility.

26/06/1975: Independence of Madagascar

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

14/10/1973: October 14 Uprising

A popular uprising against the military dictatorship led to political reforms and an increase in public participation.

26/06/1961: Introduction of Malagasy Franc

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

01/01/1942: Japanese Occupation

During World War II, Thailand was occupied by Japan, leading to the introduction of Japanese-sponsored banknotes.

24/06/1932: Siamese Revolution

The Siamese Revolution resulted in the establishment of a constitutional monarchy, marking the beginning of political changes in Thailand.