Malagasy Ariary polish zloty exchange rate history (MGA PLN) December 2023

Malagasy Ariary polish zloty history for December 2023. The highest quote for this month is 0.000891 (01/12/2023) and the lowest 0.000889 (10/12/2023). The difference between high and low is 0.22.

MGA PLN average rate for December 2023 is 0.00087, the change between 01/12/2023 and 31/12/2023 is +3.15 %.

01 December 2023	1 MGA = 0.0009 PLN
02 December 2023	1 MGA = 0.0009 PLN
03 December 2023	1 MGA = 0.0009 PLN
04 December 2023	1 MGA = 0.0009 PLN
05 December 2023	1 MGA = 0.0009 PLN
06 December 2023	1 MGA = 0.0009 PLN
07 December 2023	1 MGA = 0.0009 PLN
08 December 2023	1 MGA = 0.0009 PLN
10 December 2023	1 MGA = 0.0009 PLN
11 December 2023	1 MGA = 0.0009 PLN
12 December 2023	1 MGA = 0.0009 PLN
13 December 2023	1 MGA = 0.0009 PLN
14 December 2023	1 MGA = 0.0009 PLN
15 December 2023	1 MGA = 0.0009 PLN
16 December 2023	1 MGA = 0.0009 PLN
17 December 2023	1 MGA = 0.0009 PLN
18 December 2023	1 MGA = 0.0009 PLN
19 December 2023	1 MGA = 0.0009 PLN
20 December 2023	1 MGA = 0.0009 PLN
21 December 2023	1 MGA = 0.0009 PLN
22 December 2023	1 MGA = 0.0009 PLN
23 December 2023	1 MGA = 0.0009 PLN
24 December 2023	1 MGA = 0.0009 PLN
25 December 2023	1 MGA = 0.0009 PLN
26 December 2023	1 MGA = 0.0009 PLN
27 December 2023	1 MGA = 0.0009 PLN
28 December 2023	1 MGA = 0.0009 PLN
29 December 2023	1 MGA = 0.0009 PLN

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.

03/03/2020: COVID-19 Pandemic Impact

The COVID-19 pandemic caused significant fluctuations in the value of the Polish Zloty, influenced by global economic uncertainties and shocks to foreign trade.

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.

17/11/2014: National Bank of Poland Intervention

The National Bank of Poland intervened in the currency market to weaken the Polish Zloty, aiming to stimulate exports and counter deflationary pressures.

01/04/2011: Poland Joins the ERM II

Poland's participation in the European Exchange Rate Mechanism II aimed to facilitate converging towards the Euro and maintaining stability for the Polish Zloty.

27/10/2008: Global Financial Crisis

The global financial crisis had repercussions on the Polish Zloty, with the currency experiencing devaluation and higher volatility due to market uncertainty.

01/05/2004: Poland's EU Accession

Poland's accession to the European Union had a profound impact on the Polish Zloty, as it became subject to EU regulations and influenced by the Eurozone.

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.

04/06/1989: Fall of Communism in Poland

The end of communist rule in Poland led to significant economic and currency reforms, including a stabilization program that strengthened the Polish Zloty.

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.

01/01/1950: Introduction of the Polish Zloty

The Polish Zloty was introduced as the official currency of Poland, replacing the old Polish currency. It played a crucial role in rebuilding the post-war economy.

Historic Malagasy Ariary Polish Zloty