United States dollar malagasy ariary history for September 2023. The highest quote for this month is 4515.26 (26/09/2023) and the lowest 4491.23 (26/09/2023). The difference between high and low is 0.53.
USD MGA average rate for September 2023 is 4474.44778, the change between 01/09/2023 and 30/09/2023 is -0.43 %.
01 September 2023 | 1 USD = 4472.83 MGA |
05 September 2023 | 1 USD = 4467.56 MGA |
06 September 2023 | 1 USD = 4470.76 MGA |
11 September 2023 | 1 USD = 4460.73 MGA |
18 September 2023 | 1 USD = 4458.71 MGA |
25 September 2023 | 1 USD = 4477.44 MGA |
26 September 2023 | 1 USD = 4480.00 MGA |
27 September 2023 | 1 USD = 4490.00 MGA |
29 September 2023 | 1 USD = 4492.00 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.