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.
GBP MGA July 2023
GBP MGA August 2023
GBP MGA September 2023
GBP MGA October 2023
GBP MGA November 2023
GBP MGA December 2023
GBP MGA January 2024
GBP MGA February 2024
GBP MGA March 2024
GBP MGA April 2024
GBP MGA May 2024
GBP MGA June 2024
GBP MGA July 2024