Historic Swedish krona Malagasy Ariary

Swedish krona malagasy ariary history for March 2024. The highest quote for this month is 439 (12/03/2024) and the lowest 440.34 (12/03/2024). The difference between high and low is -0.31.

SEK MGA average rate for March 2024 is 434.07625, the change between 01/03/2024 and 31/03/2024 is -1.63 %.

01 March 20241 SEK = 433.0 MGA
04 March 20241 SEK = 431.0 MGA
05 March 20241 SEK = 432.3 MGA
06 March 20241 SEK = 429.7 MGA
07 March 20241 SEK = 436.0 MGA
08 March 20241 SEK = 434.6 MGA
11 March 20241 SEK = 436.0 MGA
12 March 20241 SEK = 440.1 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.