Historic Pound sterling Malagasy Ariary

Pound sterling malagasy ariary history for February 2024. The highest quote for this month is 5749.96 (25/02/2024) and the lowest 5749.96 (25/02/2024). The difference between high and low is 0.

GBP MGA average rate for February 2024 is 5694.02565, the change between 01/02/2024 and 29/02/2024 is +0.74 %.

01 February 20241 GBP = 5705.30 MGA
02 February 20241 GBP = 5742.66 MGA
05 February 20241 GBP = 5698.39 MGA
06 February 20241 GBP = 5627.40 MGA
07 February 20241 GBP = 5679.24 MGA
08 February 20241 GBP = 5720.20 MGA
09 February 20241 GBP = 5679.24 MGA
12 February 20241 GBP = 5669.57 MGA
13 February 20241 GBP = 5707.65 MGA
14 February 20241 GBP = 5697.27 MGA
15 February 20241 GBP = 5680.89 MGA
16 February 20241 GBP = 5691.07 MGA
18 February 20241 GBP = 5717.57 MGA
19 February 20241 GBP = 5673.99 MGA
20 February 20241 GBP = 5650.92 MGA
21 February 20241 GBP = 5702.52 MGA
22 February 20241 GBP = 5703.56 MGA
23 February 20241 GBP = 5685.99 MGA
25 February 20241 GBP = 5749.96 MGA
26 February 20241 GBP = 5685.83 MGA
27 February 20241 GBP = 5723.27 MGA
28 February 20241 GBP = 5706.75 MGA
29 February 20241 GBP = 5663.35 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.
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