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

Pound sterling malagasy ariary history for November 2023. The highest quote for this month is 5691.25 (29/11/2023) and the lowest 5712.85 (30/11/2023). The difference between high and low is -0.38.

GBP MGA average rate for November 2023 is 5556.28696, the change between 01/11/2023 and 30/11/2023 is -4.01 %.

01 November 2023	1 GBP = 5456.31 MGA
02 November 2023	1 GBP = 5471.02 MGA
03 November 2023	1 GBP = 5455.73 MGA
06 November 2023	1 GBP = 5495.88 MGA
07 November 2023	1 GBP = 5543.14 MGA
08 November 2023	1 GBP = 5519.02 MGA
09 November 2023	1 GBP = 5503.69 MGA
10 November 2023	1 GBP = 5461.01 MGA
13 November 2023	1 GBP = 5469.64 MGA
14 November 2023	1 GBP = 5495.59 MGA
15 November 2023	1 GBP = 5585.06 MGA
16 November 2023	1 GBP = 5540.37 MGA
17 November 2023	1 GBP = 5537.07 MGA
20 November 2023	1 GBP = 5556.90 MGA
21 November 2023	1 GBP = 5585.30 MGA
22 November 2023	1 GBP = 5594.72 MGA
23 November 2023	1 GBP = 5604.98 MGA
24 November 2023	1 GBP = 5634.98 MGA
26 November 2023	1 GBP = 5645.84 MGA
27 November 2023	1 GBP = 5639.40 MGA
28 November 2023	1 GBP = 5641.26 MGA
29 November 2023	1 GBP = 5682.40 MGA
30 November 2023	1 GBP = 5675.29 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