United States dollar malagasy ariary history for August 2023. The highest quote for this month is 4495.94 (17/08/2023) and the lowest 4480.85 (28/08/2023). The difference between high and low is 0.34.
USD MGA average rate for August 2023 is 4441.161, the change between 01/08/2023 and 31/08/2023 is -1.28 %.
| 01 August 2023 | 1 USD = 4430.00 MGA |
| 04 August 2023 | 1 USD = 4430.00 MGA |
| 07 August 2023 | 1 USD = 4437.58 MGA |
| 08 August 2023 | 1 USD = 4406.51 MGA |
| 10 August 2023 | 1 USD = 4402.79 MGA |
| 14 August 2023 | 1 USD = 4478.55 MGA |
| 15 August 2023 | 1 USD = 4435.00 MGA |
| 17 August 2023 | 1 USD = 4435.00 MGA |
| 21 August 2023 | 1 USD = 4469.54 MGA |
| 28 August 2023 | 1 USD = 4486.64 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.