Costa Rican colón malagasy ariary exchange rate history (CRC MGA) December 2023

Costa Rican colón malagasy ariary history for December 2023. The highest quote for this month is 8.9929 (28/12/2023) and the lowest 8.9757 (25/12/2023). The difference between high and low is 0.19.

CRC MGA average rate for December 2023 is 8.79976, the change between 01/12/2023 and 31/12/2023 is -2.84 %.

01 December 2023	1 CRC = 8.69 MGA
02 December 2023	1 CRC = 8.48 MGA
03 December 2023	1 CRC = 8.48 MGA
04 December 2023	1 CRC = 8.71 MGA
05 December 2023	1 CRC = 8.65 MGA
06 December 2023	1 CRC = 8.80 MGA
07 December 2023	1 CRC = 8.80 MGA
08 December 2023	1 CRC = 8.87 MGA
10 December 2023	1 CRC = 8.59 MGA
11 December 2023	1 CRC = 8.81 MGA
12 December 2023	1 CRC = 8.86 MGA
13 December 2023	1 CRC = 8.86 MGA
14 December 2023	1 CRC = 8.85 MGA
15 December 2023	1 CRC = 8.88 MGA
16 December 2023	1 CRC = 8.66 MGA
17 December 2023	1 CRC = 8.66 MGA
18 December 2023	1 CRC = 8.83 MGA
19 December 2023	1 CRC = 8.90 MGA
20 December 2023	1 CRC = 8.92 MGA
21 December 2023	1 CRC = 8.98 MGA
22 December 2023	1 CRC = 8.94 MGA
23 December 2023	1 CRC = 8.68 MGA
24 December 2023	1 CRC = 8.69 MGA
25 December 2023	1 CRC = 8.98 MGA
26 December 2023	1 CRC = 8.98 MGA
27 December 2023	1 CRC = 8.94 MGA
28 December 2023	1 CRC = 8.97 MGA
29 December 2023	1 CRC = 8.94 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.

15/10/2006: New series of banknotes

Costa Rica introduced a new series of banknotes featuring enhanced security features to combat counterfeiting and modernize the colón currency.

01/08/2003: Second Redenomination of Ariary

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

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.

21/05/1991: Free-floating exchange rate

Costa Rica transitioned to a floating exchange rate regime, allowing the colón's value to be determined by market forces.

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.

09/11/1961: Introduction of the Monetary Reform

Costa Rica implemented a monetary reform, replacing the old colón with a new one at a rate of 1 to 100, to combat inflation.

26/06/1961: Introduction of Malagasy Franc

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

30/11/1949: Abolition of the army

After the abolition of the army, the Costa Rican government focused on economic development, leading to stable monetary policies for the colón.

14/12/1917: Establishment of the Central Bank of Costa Rica

The Central Bank of Costa Rica was established to oversee monetary policy, including the management of the colón.

09/04/1896: Adoption of the gold standard

Costa Rica adopted the gold standard, pegging the value of the colón to gold, leading to currency stability.

18/03/1850: Introduction of the Costa Rican colón

The Costa Rican colón was officially introduced as the currency of Costa Rica to replace the Spanish real.

Historic Costa Rican colón Malagasy Ariary