Historic Namibian dollar Malagasy Ariary

Namibian dollar malagasy ariary history for January 2024. The highest quote for this month is 247.2 (01/01/2024) and the lowest 248.95 (01/01/2024). The difference between high and low is -0.71.

NAD MGA average rate for January 2024 is 241.89407, the change between 01/01/2024 and 31/01/2024 is +3.71 %.

01 January 20241 NAD = 248.7 MGA
02 January 20241 NAD = 247.1 MGA
03 January 20241 NAD = 246.0 MGA
04 January 20241 NAD = 245.4 MGA
05 January 20241 NAD = 244.8 MGA
06 January 20241 NAD = 244.1 MGA
07 January 20241 NAD = 245.8 MGA
08 January 20241 NAD = 242.8 MGA
09 January 20241 NAD = 245.2 MGA
10 January 20241 NAD = 242.3 MGA
11 January 20241 NAD = 243.8 MGA
12 January 20241 NAD = 242.2 MGA
14 January 20241 NAD = 245.7 MGA
15 January 20241 NAD = 242.0 MGA
16 January 20241 NAD = 241.5 MGA
17 January 20241 NAD = 242.0 MGA
18 January 20241 NAD = 238.3 MGA
19 January 20241 NAD = 238.1 MGA
22 January 20241 NAD = 238.7 MGA
23 January 20241 NAD = 235.7 MGA
24 January 20241 NAD = 234.6 MGA
25 January 20241 NAD = 239.0 MGA
26 January 20241 NAD = 239.7 MGA
28 January 20241 NAD = 241.5 MGA
29 January 20241 NAD = 237.4 MGA
30 January 20241 NAD = 239.4 MGA
31 January 20241 NAD = 239.5 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.

26/01/2016: New N$100 and N$200 Banknotes Introduced

Namibia introduced new banknotes of N$100 and N$200 denominations to address the need for higher-value currency in the growing economy.

30/08/2012: Introduction of N$10 Commemorative Banknote

Namibia introduced a commemorative banknote of N$10 to celebrate the centenary of the country's struggle for independence.

27/10/2008: Financial Crisis Impact

Due to the global financial crisis, the Namibian dollar experienced a depreciation against major currencies, affecting the country's economy.

01/08/2003: Second Redenomination of Ariary

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

01/01/2002: Replacement of Old Banknotes

Old banknotes of the Namibian dollar were demonetized, and new banknotes became the only valid currency.

01/06/1999: Introduction of New Banknotes and Coins

New series of banknotes and coins were introduced in Namibia, featuring indigenous wildlife and cultural symbols.

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.

30/08/1993: Dollarization of Namibia

Namibia adopted the Namibian dollar as its sole legal tender, replacing the South African rand as the official currency.

21/03/1990: Independence of Namibia

Namibia gained independence from South Africa, leading to the introduction of the Namibian dollar as the official currency of the newly established country.

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.
NAD MGA January 2024
NAD MGA February 2024
NAD MGA March 2024
NAD MGA April 2024
NAD MGA May 2024
NAD MGA June 2024
NAD MGA July 2024
NAD MGA August 2024
NAD MGA September 2024
NAD MGA October 2024
NAD MGA November 2024
NAD MGA December 2024
NAD MGA January 2025