Ghana Cedi malagasy ariary exchange rate history (GHS MGA) October 2023

Ghana Cedi malagasy ariary history for October 2023. The highest quote for this month is 390.03 (03/10/2023) and the lowest 388.77 (02/10/2023). The difference between high and low is 0.32.

GHS MGA average rate for October 2023 is 383.10636, the change between 01/10/2023 and 31/10/2023 is +2.59 %.

02 October 2023	1 GHS = 389.0 MGA
03 October 2023	1 GHS = 388.9 MGA
04 October 2023	1 GHS = 388.9 MGA
05 October 2023	1 GHS = 385.4 MGA
06 October 2023	1 GHS = 384.4 MGA
09 October 2023	1 GHS = 383.2 MGA
10 October 2023	1 GHS = 382.6 MGA
11 October 2023	1 GHS = 383.4 MGA
12 October 2023	1 GHS = 384.0 MGA
13 October 2023	1 GHS = 384.0 MGA
16 October 2023	1 GHS = 380.4 MGA
17 October 2023	1 GHS = 383.7 MGA
18 October 2023	1 GHS = 383.6 MGA
19 October 2023	1 GHS = 382.3 MGA
20 October 2023	1 GHS = 383.0 MGA
23 October 2023	1 GHS = 381.6 MGA
24 October 2023	1 GHS = 380.8 MGA
25 October 2023	1 GHS = 380.9 MGA
26 October 2023	1 GHS = 380.8 MGA
27 October 2023	1 GHS = 380.8 MGA
30 October 2023	1 GHS = 377.8 MGA
31 October 2023	1 GHS = 378.9 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.

16/09/2019: Ghana Goes Cashless

The government launched the Ghana.Gov payment platform, aimed at promoting electronic payments and reducing cash transactions.

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.

05/07/2012: GHS Symbol Change

The Bank of Ghana introduced a new currency symbol for the cedi, changing it from GHȼ to GHS.

03/07/2007: Decimals Dropped

The Bank of Ghana dropped four decimal places, making 1 new Ghanaian cedi = 1 GHȼ.

01/08/2003: Second Redenomination of Ariary

The Malagasy Ariary goes through its second redenomination, with 1 new Ariary equal to 5 old Ariary.

01/07/2002: Replacement of New Cedi

The new Ghanaian cedi, denoted as GHC, replaced the second cedi at a rate of 1 cedi = 10,000 cedis.

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.

17/07/1978: Second Cedi Introduced

Due to high inflation, the second Ghanaian cedi was introduced with a new currency code, GHS.

26/06/1975: Independence of Madagascar

Madagascar declares independence from French colonial rule, leading to changes in the national currency.

19/07/1965: Cedi Introduced

The Ghanaian pound was replaced by the Ghanaian cedi at a rate of 1 pound = 2.4 cedis, symbolizing economic independence.

26/06/1961: Introduction of Malagasy Franc

Malagasy Franc introduced as the official currency of Madagascar to replace the French Franc.

06/03/1957: Ghana's Independence

Ghana gained independence from British colonial rule, leading to the introduction of the Ghanaian pound as its currency.

Historic Ghana Cedi Malagasy Ariary