Pound sterling malagasy ariary exchange rate history (GBP MGA) December 2023

Pound sterling malagasy ariary history for December 2023. The highest quote for this month is 5803.14 (28/12/2023) and the lowest 5825.36 (25/12/2023). The difference between high and low is -0.38.

GBP MGA average rate for December 2023 is 5747.7608, the change between 01/12/2023 and 31/12/2023 is -2.05 %.

01 December 2023	1 GBP = 5677.63 MGA
03 December 2023	1 GBP = 5720.81 MGA
04 December 2023	1 GBP = 5723.76 MGA
05 December 2023	1 GBP = 5647.43 MGA
06 December 2023	1 GBP = 5705.29 MGA
07 December 2023	1 GBP = 5698.38 MGA
08 December 2023	1 GBP = 5750.15 MGA
10 December 2023	1 GBP = 5675.53 MGA
11 December 2023	1 GBP = 5706.63 MGA
12 December 2023	1 GBP = 5718.63 MGA
13 December 2023	1 GBP = 5732.17 MGA
14 December 2023	1 GBP = 5743.43 MGA
15 December 2023	1 GBP = 5817.37 MGA
17 December 2023	1 GBP = 5734.54 MGA
18 December 2023	1 GBP = 5767.28 MGA
19 December 2023	1 GBP = 5756.58 MGA
20 December 2023	1 GBP = 5799.74 MGA
21 December 2023	1 GBP = 5789.70 MGA
22 December 2023	1 GBP = 5778.02 MGA
24 December 2023	1 GBP = 5743.35 MGA
25 December 2023	1 GBP = 5789.64 MGA
26 December 2023	1 GBP = 5802.36 MGA
27 December 2023	1 GBP = 5790.87 MGA
28 December 2023	1 GBP = 5830.77 MGA
29 December 2023	1 GBP = 5793.96 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.

23/06/2016: Brexit Referendum

The United Kingdom voted to leave the European Union, causing significant uncertainty and volatility in the pound sterling's value.

01/08/2003: Second Redenomination of Ariary

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

31/12/1999: Establishment of the Euro

The euro was introduced as an electronic currency, paving the way for the eventual replacement of some national currencies, including the pound.

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.

16/09/1992: Black Wednesday

The pound sterling experienced a severe drop in value and the UK was forced to withdraw from the European Exchange Rate Mechanism (ERM).

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.

14/02/1971: Decimalization of the Pound

The pound sterling was decimalized, with the old system of pounds, shillings and pence replaced by a decimal currency.

26/06/1961: Introduction of Malagasy Franc

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

06/12/1921: Currency Separation with Ireland

Following the Anglo-Irish Treaty, Ireland left the United Kingdom and established its own currency, leading to separate pound sterling notes.

21/12/1816: Gold Standard Introduced

The pound sterling was officially placed on the gold standard, meaning it was backed by a fixed amount of gold.

27/07/1694: Bank of England Established

The Bank of England was founded and granted a royal charter, becoming the central bank of England.

Historic Pound sterling Malagasy Ariary