| Time series key
|
BBEX3.A.MGF.USD.CA.AB.A04 |
| Unit
|
MGF |
| Dimension
|
one |
| Timespan
|
from
1974 to
1993 |
| Last update
|
20.09.2023 12:49:40 PM |
| |
|
| Methodology
|
Calculated on the basis of month-end rates. |
| Source
|
Banque Centrale de Madagascar, Antananarivo (formerly: Banque Centrale de la République Malgache). |
| |
|
| Comment on
1991 |
On 9 January 1991, the Malagasy franc was devalued. We recorded the following exchange rates (buying/selling rate): 8 January 1991: USD 1 = MGF 1,473.61 / 1,488.42 9 January 1991: USD 1 = MGF 1,663.05 / 1,679.76 Calculated devaluation: 11.4%. |
| Comment on
1987 |
On 25 June 1987, the Malagasy franc was devalued. We recorded the following exchange rates (buying/selling rate): 24 June 1987: USD 1 = MGF 867.02 / 875.73 25 June 1987: USD 1 = MGF 1,353.38 / 1,366.98 Calculated devaluation: 35.9%. |
| Comment on
1986 |
On 9 August 1986, the Malagasy franc was devalued. We recorded the following exchange rates (buying/selling rate): 8 August 1986: USD 1 = MGF 600.42 / 606.46 11 August 1986: USD 1 = MGF 751.76 / 759.30 Calculated devaluation: 20.1%. |
| Comment on
1984 |
On 16 March 1984, the Malagasy franc was devalued. We recorded the following exchange rates (buying/selling rate): 15 March 1984: USD 1 = MGF 473.86 / 478.62 16 March 1984: USD 1 = MGF 548.25 / 553.76 Calculated devaluation: 13.6%. |
| Comment on
1983 |
On 3 October 1983, the Malagasy franc was devalued. We recorded the following exchange rates (buying/selling rate): 30 September 1983: USD 1 = MGF 434.64 / 439.01 3 October 1983: USD 1 = MGF 478.22 / 483.02 Calculated devaluation: 9.1%. |
| Comment on
1982 |
On 17 May 1982, the Malagasy franc was devalued. We recorded the following exchange rates (buying/selling rate): 14 May 1982: USD 1 = MGF 301.69 / 304.72 17 May 1982: USD 1 = MGF 349.17 / 352.67 Calculated devaluation: 13.6%. |
| Comment on
1974 |
Average of the exchange rates from March and June to December 1974. |
