Historic Mauritian Rupee Malagasy Ariary

Mauritian Rupee malagasy ariary history for February 2024. The highest quote for this month is 102.06 (01/02/2024) and the lowest 103.34 (28/02/2024). The difference between high and low is -1.25.

MUR MGA average rate for February 2024 is 100.38, the change between 01/02/2024 and 29/02/2024 is +0.16 %.

01 February 20241 MUR = 102.4 MGA
02 February 20241 MUR = 102.5 MGA
03 February 20241 MUR = 99.57 MGA
04 February 20241 MUR = 98.86 MGA
05 February 20241 MUR = 100.7 MGA
06 February 20241 MUR = 101.3 MGA
07 February 20241 MUR = 99.56 MGA
08 February 20241 MUR = 102.0 MGA
09 February 20241 MUR = 100.3 MGA
12 February 20241 MUR = 100.7 MGA
13 February 20241 MUR = 102.8 MGA
14 February 20241 MUR = 100.0 MGA
15 February 20241 MUR = 98.58 MGA
16 February 20241 MUR = 101.1 MGA
17 February 20241 MUR = 97.06 MGA
18 February 20241 MUR = 97.06 MGA
19 February 20241 MUR = 96.24 MGA
20 February 20241 MUR = 100.6 MGA
21 February 20241 MUR = 100.8 MGA
22 February 20241 MUR = 101.7 MGA
23 February 20241 MUR = 100.3 MGA
24 February 20241 MUR = 99.79 MGA
25 February 20241 MUR = 99.79 MGA
26 February 20241 MUR = 101.1 MGA
27 February 20241 MUR = 101.8 MGA
28 February 20241 MUR = 101.5 MGA
29 February 20241 MUR = 102.2 MGA

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.

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.

15/02/2013: Launch of New MUR Banknotes

New series of Mauritian Rupee banknotes were launched, featuring enhanced security features and updated designs, reflecting the rich cultural heritage of Mauritius.

08/09/2007: Currency Reform and New Coinage System

A currency reform was implemented, introducing new coins denominated in cents, with the aim of streamlining and modernizing the monetary system.

01/08/2003: Second Redenomination of Ariary

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

03/08/1999: Establishment of Bank of Mauritius

Bank of Mauritius Act was enacted, establishing the central bank responsible for the formulation and implementation of monetary policy in the country.

01/07/1994: Conversion to Decimal Currency System

Mauritian Rupee adopted the decimal currency system, replacing the previous pound-based system, with 1 Rupee consisting of 100 cents.

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.

01/07/1992: Introduction of Polymer Banknotes

Polymer-based banknotes were introduced in Mauritius, replacing the traditional paper notes, to improve durability and security against counterfeiting.

01/01/1983: Introduction of Malagasy Ariary

The Malagasy Ariary is introduced as the new official currency of Madagascar, replacing the Malagasy Franc.

01/10/1979: Decentralization of Currency Printing

Printing of Mauritian Rupee banknotes was decentralized from the Bank of England to Mauritius, leading to enhanced national monetary control.

26/06/1975: Independence of Madagascar

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

12/06/1967: Introduction of Mauritian Rupee

Mauritian Rupee was introduced as the official currency replacing the Mauritian Pound, with an initial exchange rate of 1 Rupee to 10 Shillings.

26/06/1961: Introduction of Malagasy Franc

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