Historic Colombian Peso Malagasy Ariary

Colombian Peso malagasy ariary history for January 2024. The highest quote for this month is 1.1809 (07/01/2024) and the lowest 1.1917 (01/01/2024). The difference between high and low is -0.91.

COP MGA average rate for January 2024 is 1.1613, the change between 01/01/2024 and 31/01/2024 is +3.54 %.

01 January 20241 COP = 1.192 MGA
02 January 20241 COP = 1.178 MGA
03 January 20241 COP = 1.172 MGA
04 January 20241 COP = 1.169 MGA
05 January 20241 COP = 1.165 MGA
06 January 20241 COP = 1.181 MGA
07 January 20241 COP = 1.181 MGA
08 January 20241 COP = 1.171 MGA
09 January 20241 COP = 1.180 MGA
10 January 20241 COP = 1.149 MGA
11 January 20241 COP = 1.152 MGA
12 January 20241 COP = 1.154 MGA
14 January 20241 COP = 1.167 MGA
15 January 20241 COP = 1.168 MGA
16 January 20241 COP = 1.154 MGA
17 January 20241 COP = 1.144 MGA
18 January 20241 COP = 1.148 MGA
19 January 20241 COP = 1.157 MGA
22 January 20241 COP = 1.166 MGA
23 January 20241 COP = 1.159 MGA
24 January 20241 COP = 1.138 MGA
25 January 20241 COP = 1.155 MGA
26 January 20241 COP = 1.149 MGA
28 January 20241 COP = 1.162 MGA
29 January 20241 COP = 1.151 MGA
30 January 20241 COP = 1.146 MGA
31 January 20241 COP = 1.150 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.

02/12/2016: Peace Agreement Impact

After the signing of the peace agreement with FARC, the Colombian Peso strengthened and saw improvements in the economy.

01/08/2003: Second Redenomination of Ariary

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

24/07/2001: Exchange rate flexibility

Colombia allowed the Colombian Peso to have a flexible exchange rate, transitioning from a fixed exchange rate system.

21/10/1999: Colombia's Financial Crisis

Colombia faced a financial crisis resulting in a devaluation of the Peso and an economic recession.

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.

04/07/1991: Introduction of a New Peso

A new Peso was introduced with a higher value, replacing the old Peso due to high inflation.

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.

12/06/1953: Creation of Banco de la República

The central bank of Colombia, Banco de la República, was established to regulate and control the Colombian Peso.

31/07/1886: Adoption of the Gold Standard

Colombia adopted the gold standard, linking the value of the Peso to gold, stabilizing the currency.

27/05/1837: Introduction of the Peso

The Colombian Peso was introduced as the official currency of Colombia, replacing the Spanish real.
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