Malagasy Ariary yemeni rial exchange rate history (MGA YER) February 2024

Malagasy Ariary yemeni rial history for February 2024. The highest quote for this month is 0.055823 (29/02/2024) and the lowest 0.056242 (02/02/2024). The difference between high and low is -0.75.

MGA YER average rate for February 2024 is 0.05539, the change between 01/02/2024 and 29/02/2024 is -0.6 %.

01 February 2024	1 MGA = 0.0555 YER
02 February 2024	1 MGA = 0.0555 YER
03 February 2024	1 MGA = 0.0552 YER
04 February 2024	1 MGA = 0.0552 YER
05 February 2024	1 MGA = 0.0553 YER
06 February 2024	1 MGA = 0.0557 YER
07 February 2024	1 MGA = 0.0555 YER
08 February 2024	1 MGA = 0.0551 YER
09 February 2024	1 MGA = 0.0555 YER
12 February 2024	1 MGA = 0.0557 YER
13 February 2024	1 MGA = 0.0553 YER
14 February 2024	1 MGA = 0.0552 YER
15 February 2024	1 MGA = 0.0553 YER
16 February 2024	1 MGA = 0.0553 YER
17 February 2024	1 MGA = 0.0551 YER
18 February 2024	1 MGA = 0.0551 YER
19 February 2024	1 MGA = 0.0555 YER
20 February 2024	1 MGA = 0.0557 YER
21 February 2024	1 MGA = 0.0553 YER
22 February 2024	1 MGA = 0.0554 YER
23 February 2024	1 MGA = 0.0556 YER
24 February 2024	1 MGA = 0.0551 YER
25 February 2024	1 MGA = 0.0551 YER
26 February 2024	1 MGA = 0.0557 YER
27 February 2024	1 MGA = 0.0554 YER
28 February 2024	1 MGA = 0.0555 YER
29 February 2024	1 MGA = 0.0559 YER

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.

11/02/2020: Currency Devaluation

The Yemeni Rial witnessed another devaluation as the Central Bank of Yemen devalued the currency by 25% to ease foreign currency shortages and stabilize the economy.

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.

13/10/2016: Central Bank Relocation

The internationally recognized government of Yemen relocated the Central Bank from Sana'a to Aden, causing further fragmentation in the value and availability of the Yemeni Rial.

16/09/2015: Houthi Takeover and Currency Instability

Following the Houthi rebel's takeover of the capital Sana'a, the Yemeni Rial faced further instability, resulting in hyperinflation and a depreciation of its value.

27/09/2009: Government Decision

The Yemeni government announced a 9.3% devaluation of the rial as a measure to cope with the economic crisis and declining oil revenues.

01/08/2003: Second Redenomination of Ariary

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

04/05/1994: Civil War and Currency Devaluation

During the Yemeni Civil War, the Yemeni Rial experienced a significant devaluation, with the exchange rate reaching around 200 rials for 1 US dollar.

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.

22/05/1990: Yemeni Unification

The Yemeni Rial became the official currency of the newly unified country of Yemen after the merger of the Yemen Arab Republic (North Yemen) and People's Democratic Republic of Yemen (South Yemen).

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.

26/06/1961: Introduction of Malagasy Franc

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

26/08/1948: Currency Introduction

The Yemeni Rial (YER) was first introduced as the official currency of North Yemen, replacing the Yemeni Riyal at a rate of 1 rial = 1,000 Riyals.

Historic Malagasy Ariary Yemeni Rial