United States dollar malagasy ariary history for June 2023. The highest quote for this month is 4497.88 (26/06/2023) and the lowest 4482.85 (26/06/2023). The difference between high and low is 0.33.
USD MGA average rate for June 2023 is 4415.82, the change between 01/06/2023 and 30/06/2023 is -2.82 %.
02 June 2023 | 1 USD = 4348.86 MGA |
09 June 2023 | 1 USD = 4385.53 MGA |
12 June 2023 | 1 USD = 4376.94 MGA |
13 June 2023 | 1 USD = 4390.00 MGA |
16 June 2023 | 1 USD = 4440.00 MGA |
19 June 2023 | 1 USD = 4468.56 MGA |
20 June 2023 | 1 USD = 4445.00 MGA |
26 June 2023 | 1 USD = 4471.67 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.