Time series key
|
BBEX3.A.MGF.DEM.CA.AC.A04 |
Unit
|
MGF |
Dimension
|
one |
Timespan
|
from
1974 to
1998 |
Last update
|
20.09.2023 12:49:40 PM |
|
|
Methodology
|
Until 1993, calculated on the basis of month-end buying and selling rates, from 1994 on the basis of month-end middle rates. |
Source
|
Banque Centrale de Madagascar, Antananarivo (formerly: Banque Centrale de la République Malgache). |
|
|
Comment on
1994 |
9 May 1994: Liberalisation of the foreign exchange. We recorded the following exchange rate for this date: DEM 1 = MGF 1 758.26 |
Comment on
1991 |
On 9 January 1991, the Malagasy franc was devalued. We recorded the following exchange rates (buying/selling rate): 8 January 1991: DEM 1 = MGF 960.18 / 969.83 9 January 1991: DEM 1 = MGF 1,086.77 / 1,097.69 Calculated devaluation: 11.6%. |
Comment on
1987 |
On 25 June 1987, the Malagasy franc was devalued. We recorded the following exchange rates (buying/selling rate): 24 June 1987: DEM 1 = MGF 475.95 / 480.74 25 June 1987: DEM 1 = MGF 740.47 / 747.91 Calculated devaluation: 35.7%. |
Comment on
1986 |
On 9 August 1986, the Malagasy franc was devalued. We recorded the following exchange rates (buying/selling rate): 8 August 1986: DEM 1 = MGF 290.31 / 293.23 11 August 1986: DEM 1 = MGF 362.33 / 365.97 Calculated devaluation: 19.9%. |
Comment on
1984 |
On 16 March 1984, the Malagasy franc was devalued. We recorded the following exchange rates (buying/selling rate): 15 March 1984: DEM 1 = MGF 184.11 / 184.95 16 March 1984: DEM 1 = MGF 209.88 / 211.99 Calculated devaluation: 12.5% (on average). |
Comment on
1983 |
On 3 October 1983, the Malagasy franc was devalued. We recorded the following exchange rates (buying/selling rate): 30 September 1983: DEM 1 = MGF 164.23 / 165.88 3 October 1983: DEM 1 = MGF 181.20 / 183.02 Calculated devaluation: 9.4%. |
Comment on
1982 |
On 17 May 1982, the Malagasy franc was devalued. We recorded the following exchange rates (buying/selling rate): 14 May 1982: DEM 1 = MGF 131.66 / 132.99 17 May 1982: DEM 1 = MGF 151.02 / 152.54 Calculated devaluation: 12.8%. |
Comment on
1974 |
Average of the exchange rates from March and June to December 1974. |