Malagasy Ariary arab emirates dirham exchange rate history (MGA AED) November 2023

Malagasy Ariary arab emirates dirham history for November 2023. The highest quote for this month is 0.000829 (08/11/2023) and the lowest 0.000832 (09/11/2023). The difference between high and low is -0.36.

MGA AED average rate for November 2023 is 0.00082, the change between 01/11/2023 and 30/11/2023 is -0.37 %.

01 November 2023	1 MGA = 0.0008 AED
02 November 2023	1 MGA = 0.0008 AED
03 November 2023	1 MGA = 0.0008 AED
06 November 2023	1 MGA = 0.0008 AED
07 November 2023	1 MGA = 0.0008 AED
08 November 2023	1 MGA = 0.0008 AED
09 November 2023	1 MGA = 0.0008 AED
10 November 2023	1 MGA = 0.0008 AED
13 November 2023	1 MGA = 0.0008 AED
14 November 2023	1 MGA = 0.0008 AED
15 November 2023	1 MGA = 0.0008 AED
16 November 2023	1 MGA = 0.0008 AED
17 November 2023	1 MGA = 0.0008 AED
20 November 2023	1 MGA = 0.0008 AED
21 November 2023	1 MGA = 0.0008 AED
22 November 2023	1 MGA = 0.0008 AED
23 November 2023	1 MGA = 0.0008 AED
24 November 2023	1 MGA = 0.0008 AED
26 November 2023	1 MGA = 0.0008 AED
27 November 2023	1 MGA = 0.0008 AED
28 November 2023	1 MGA = 0.0008 AED
29 November 2023	1 MGA = 0.0008 AED
30 November 2023	1 MGA = 0.0008 AED

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.

17/06/2018: Introduction of New Banknotes

A new series of UAE dirham banknotes, featuring enhanced durability, 3D security features, and tactile marks for visually impaired individuals, is introduced.

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.

01/01/2007: Security Enhancements

New security features, including holograms and advanced anti-counterfeiting measures, are added to the UAE dirham banknotes.

01/08/2003: Second Redenomination of Ariary

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

01/12/2002: Introduction of Modern Coinage

A new series of UAE dirham coins, featuring modern designs and security features, is introduced.

20/03/1995: Currency Peg to US Dollar

The UAE dirham is pegged to the United States dollar at a fixed exchange rate of 1 USD to 3.6725 AED.

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.

01/01/1978: Currency Issuance Authority

The UAE Currency Issuing Authority is established, granting the authority to issue and manage the UAE dirham.

26/06/1975: Independence of Madagascar

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

28/01/1973: Decoupling from Pound Sterling

The UAE dirham is officially decoupled from the British pound sterling and a new exchange rate is set.

02/12/1971: Formation of UAE

The United Arab Emirates is formed, resulting in the introduction of the UAE dirham as its official currency.

26/06/1961: Introduction of Malagasy Franc

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

Historic Malagasy Ariary Arab Emirates Dirham