Historic Omani rial Malagasy Ariary

Omani rial malagasy ariary history for December 2023. The highest quote for this month is 11928.3 (21/12/2023) and the lowest 12182.5 (11/12/2023). The difference between high and low is -2.13.

OMR MGA average rate for December 2023 is 11833.31429, the change between 01/12/2023 and 31/12/2023 is -1.23 %.

01 December 20231 OMR = 11716.60 MGA
02 December 20231 OMR = 11688.80 MGA
03 December 20231 OMR = 11688.80 MGA
04 December 20231 OMR = 12088.30 MGA
05 December 20231 OMR = 11652.70 MGA
06 December 20231 OMR = 11809.20 MGA
07 December 20231 OMR = 11828.40 MGA
08 December 20231 OMR = 11907.10 MGA
10 December 20231 OMR = 11750.80 MGA
11 December 20231 OMR = 11837.00 MGA
12 December 20231 OMR = 11862.30 MGA
13 December 20231 OMR = 11888.50 MGA
14 December 20231 OMR = 11862.60 MGA
15 December 20231 OMR = 11877.00 MGA
16 December 20231 OMR = 11750.80 MGA
17 December 20231 OMR = 11750.80 MGA
18 December 20231 OMR = 11853.30 MGA
19 December 20231 OMR = 11862.30 MGA
20 December 20231 OMR = 11875.00 MGA
21 December 20231 OMR = 11940.00 MGA
22 December 20231 OMR = 11874.80 MGA
23 December 20231 OMR = 11747.80 MGA
24 December 20231 OMR = 11778.40 MGA
25 December 20231 OMR = 11907.00 MGA
26 December 20231 OMR = 11931.70 MGA
27 December 20231 OMR = 11867.70 MGA
28 December 20231 OMR = 11874.10 MGA
29 December 20231 OMR = 11861.00 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.

16/03/2021: New 5 Rial Polymer Banknote Introduced

A new polymer banknote with a denomination of 5 rials was introduced, enhancing durability and security features of the currency.

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.

01/08/2003: Second Redenomination of Ariary

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

15/01/2003: New Omani Rial Banknotes Issued

New series of Omani rial banknotes were introduced, featuring enhanced security features and updated designs.

12/06/1994: Smaller Denomination Coins Issued

Small denomination coins, including 5, 10, 25, and 50 baisa coins, were issued in order to facilitate everyday 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.

17/03/1986: 200 Baisa Coin Introduced

A new 200 baisa coin was introduced, becoming the highest denomination coin in circulation at that time.

01/01/1983: Introduction of Malagasy Ariary

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

11/11/1975: 1/8 Rial Copper-Nickel Coin Introduced

A new 1/8 rial coin made of copper-nickel was introduced, representing a fractional value of the rial currency.

26/06/1975: Independence of Madagascar

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

02/03/1973: Rial Oman Pegged to US Dollar

The Omani rial was officially pegged to the United States dollar, with an exchange rate of 1 OMR = 2.895 USD.

27/07/1970: Rial Oman is Introduced

The Omani rial was introduced, replacing the Gulf rupee at a rate of 1 rial = 2.6008 rupees.

26/06/1961: Introduction of Malagasy Franc

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