Somali shilling malagasy ariary history for March 2024. The highest quote for this month is 8.0106 (04/03/2024) and the lowest 7.9176 (12/03/2024). The difference between high and low is 1.16.
SOS MGA average rate for March 2024 is 7.86541, the change between 01/03/2024 and 31/03/2024 is -0.16 %.
| 01 March 2024 | 1 SOS = 7.90 MGA |
| 04 March 2024 | 1 SOS = 7.82 MGA |
| 05 March 2024 | 1 SOS = 7.89 MGA |
| 06 March 2024 | 1 SOS = 7.85 MGA |
| 07 March 2024 | 1 SOS = 7.89 MGA |
| 08 March 2024 | 1 SOS = 7.82 MGA |
| 11 March 2024 | 1 SOS = 7.84 MGA |
| 12 March 2024 | 1 SOS = 7.92 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.
01/08/2003: Second Redenomination of Ariary
The Malagasy Ariary goes through its second redenomination, with 1 new Ariary equal to 5 old Ariary.
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.
26/06/1961: Introduction of Malagasy Franc
Malagasy Franc introduced as the official currency of Madagascar to replace the French Franc.