Historic Malagasy Ariary Ugandan Shilling

Malagasy Ariary ugandan shilling history for January 2024. The highest quote for this month is 0.84227 (29/01/2024) and the lowest 0.8447 (31/01/2024). The difference between high and low is -0.29.

MGA UGX average rate for January 2024 is 0.83065, the change between 01/01/2024 and 31/01/2024 is -2.19 %.

01 January 20241 MGA = 0.8196 UGX
02 January 20241 MGA = 0.8196 UGX
03 January 20241 MGA = 0.8228 UGX
04 January 20241 MGA = 0.8272 UGX
05 January 20241 MGA = 0.8243 UGX
06 January 20241 MGA = 0.8253 UGX
07 January 20241 MGA = 0.8253 UGX
08 January 20241 MGA = 0.8244 UGX
09 January 20241 MGA = 0.8224 UGX
10 January 20241 MGA = 0.8301 UGX
11 January 20241 MGA = 0.8291 UGX
12 January 20241 MGA = 0.8314 UGX
14 January 20241 MGA = 0.8303 UGX
15 January 20241 MGA = 0.8307 UGX
16 January 20241 MGA = 0.8353 UGX
17 January 20241 MGA = 0.8366 UGX
18 January 20241 MGA = 0.8313 UGX
19 January 20241 MGA = 0.8295 UGX
22 January 20241 MGA = 0.8338 UGX
23 January 20241 MGA = 0.8341 UGX
24 January 20241 MGA = 0.8387 UGX
25 January 20241 MGA = 0.8348 UGX
26 January 20241 MGA = 0.8339 UGX
28 January 20241 MGA = 0.8395 UGX
29 January 20241 MGA = 0.8423 UGX
30 January 20241 MGA = 0.8381 UGX
31 January 20241 MGA = 0.8375 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
MGA UGX February 2024
MGA UGX March 2024
MGA UGX April 2024
MGA UGX May 2024
MGA UGX June 2024
MGA UGX July 2024
MGA UGX August 2024
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MGA UGX December 2024
MGA UGX January 2025