Historic Singapore dollar Malagasy Ariary

Singapore dollar malagasy ariary history for January 2024. The highest quote for this month is 3470.79 (01/01/2024) and the lowest 3469.01 (01/01/2024). The difference between high and low is 0.05.

SGD MGA average rate for January 2024 is 3400.52704, the change between 01/01/2024 and 31/01/2024 is +2.94 %.

01 January 20241 SGD = 3465.76 MGA
02 January 20241 SGD = 3468.22 MGA
03 January 20241 SGD = 3434.26 MGA
04 January 20241 SGD = 3428.96 MGA
05 January 20241 SGD = 3441.43 MGA
06 January 20241 SGD = 3452.70 MGA
07 January 20241 SGD = 3452.70 MGA
08 January 20241 SGD = 3411.74 MGA
09 January 20241 SGD = 3447.08 MGA
10 January 20241 SGD = 3401.01 MGA
11 January 20241 SGD = 3406.13 MGA
12 January 20241 SGD = 3400.70 MGA
14 January 20241 SGD = 3432.37 MGA
15 January 20241 SGD = 3392.66 MGA
16 January 20241 SGD = 3380.64 MGA
17 January 20241 SGD = 3363.86 MGA
18 January 20241 SGD = 3377.02 MGA
19 January 20241 SGD = 3374.96 MGA
22 January 20241 SGD = 3365.35 MGA
23 January 20241 SGD = 3367.48 MGA
24 January 20241 SGD = 3356.08 MGA
25 January 20241 SGD = 3373.97 MGA
26 January 20241 SGD = 3376.14 MGA
28 January 20241 SGD = 3380.68 MGA
29 January 20241 SGD = 3339.49 MGA
30 January 20241 SGD = 3359.14 MGA
31 January 20241 SGD = 3363.70 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.

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations 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.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

01/08/2003: Second Redenomination of Ariary

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

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

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.

01/01/1983: 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.

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own currency.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.

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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