Historic Malagasy Ariary Thai baht

Malagasy Ariary thai baht history for January 2024. The highest quote for this month is 0.007951 (24/01/2024) and the lowest 0.00794 (25/01/2024). The difference between high and low is 0.14.

MGA THB average rate for January 2024 is 0.00773, the change between 01/01/2024 and 31/01/2024 is -4.22 %.

01 January 20241 MGA = 0.0075 THB
02 January 20241 MGA = 0.0075 THB
03 January 20241 MGA = 0.0075 THB
04 January 20241 MGA = 0.0076 THB
05 January 20241 MGA = 0.0075 THB
06 January 20241 MGA = 0.0076 THB
07 January 20241 MGA = 0.0075 THB
08 January 20241 MGA = 0.0076 THB
09 January 20241 MGA = 0.0076 THB
10 January 20241 MGA = 0.0077 THB
11 January 20241 MGA = 0.0077 THB
12 January 20241 MGA = 0.0077 THB
14 January 20241 MGA = 0.0076 THB
15 January 20241 MGA = 0.0077 THB
16 January 20241 MGA = 0.0078 THB
17 January 20241 MGA = 0.0078 THB
18 January 20241 MGA = 0.0078 THB
19 January 20241 MGA = 0.0078 THB
22 January 20241 MGA = 0.0079 THB
23 January 20241 MGA = 0.0079 THB
24 January 20241 MGA = 0.0079 THB
25 January 20241 MGA = 0.0079 THB
26 January 20241 MGA = 0.0079 THB
28 January 20241 MGA = 0.0078 THB
29 January 20241 MGA = 0.0079 THB
30 January 20241 MGA = 0.0079 THB
31 January 20241 MGA = 0.0078 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.
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