Historic Malagasy Ariary Ugandan Shilling

Malagasy Ariary ugandan shilling history for February 2024. The highest quote for this month is 0.86982 (29/02/2024) and the lowest 0.87144 (26/02/2024). The difference between high and low is -0.19.

MGA UGX average rate for February 2024 is 0.84952, the change between 01/02/2024 and 29/02/2024 is -3.91 %.

01 February 20241 MGA = 0.8370 UGX
02 February 20241 MGA = 0.8383 UGX
03 February 20241 MGA = 0.8395 UGX
04 February 20241 MGA = 0.8395 UGX
05 February 20241 MGA = 0.8441 UGX
06 February 20241 MGA = 0.8433 UGX
07 February 20241 MGA = 0.8400 UGX
08 February 20241 MGA = 0.8351 UGX
09 February 20241 MGA = 0.8439 UGX
12 February 20241 MGA = 0.8497 UGX
13 February 20241 MGA = 0.8448 UGX
14 February 20241 MGA = 0.8450 UGX
15 February 20241 MGA = 0.8469 UGX
16 February 20241 MGA = 0.8470 UGX
17 February 20241 MGA = 0.8519 UGX
18 February 20241 MGA = 0.8519 UGX
19 February 20241 MGA = 0.8517 UGX
20 February 20241 MGA = 0.8543 UGX
21 February 20241 MGA = 0.8507 UGX
22 February 20241 MGA = 0.8533 UGX
23 February 20241 MGA = 0.8580 UGX
24 February 20241 MGA = 0.8519 UGX
25 February 20241 MGA = 0.8519 UGX
26 February 20241 MGA = 0.8669 UGX
27 February 20241 MGA = 0.8664 UGX
28 February 20241 MGA = 0.8643 UGX
29 February 20241 MGA = 0.8698 UGX

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.

03/06/2020: COVID-19 Impact on the Shilling

The Ugandan Shilling experienced a significant decline in value due to the economic impact of the COVID-19 pandemic.

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.

01/09/2013: Withdrawal of Old Currency Series

The old series of Ugandan Shilling notes were phased out and replaced with the new currency series.

01/07/2010: Issue of New Currency Series

Uganda issued a new series of currency notes with enhanced security features to reduce counterfeiting.

01/08/2003: Second Redenomination of Ariary

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

02/05/2003: Introduction of Coins

Uganda introduced coins denominated in Shillings to replace lower-value notes and facilitate transactions.

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.

15/05/1987: Introduction of the 500 Shilling Note

A new 500 Shilling note was introduced to combat the rapid inflation and devaluation of the currency.

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.

05/08/1972: Idi Amin's Currency Change

President Idi Amin ordered the demonetization of old Ugandan Shilling notes and replaced them with new ones, causing an economic crisis.

15/06/1966: Introduction of the Ugandan Shilling

The Ugandan Shilling was introduced as the official currency of Uganda following its independence from British colonial rule.

26/06/1961: Introduction of Malagasy Franc

Malagasy Franc introduced as the official currency of Madagascar to replace the French Franc.
MGA UGX January 2024
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