Historic Costa Rican colón Malagasy Ariary

Costa Rican colón malagasy ariary history for January 2024. The highest quote for this month is 9.029 (05/01/2024) and the lowest 9.002 (23/01/2024). The difference between high and low is 0.3.

CRC MGA average rate for January 2024 is 8.96674, the change between 01/01/2024 and 31/01/2024 is -0.13 %.

01 January 20241 CRC = 9.00 MGA
02 January 20241 CRC = 9.00 MGA
03 January 20241 CRC = 8.98 MGA
04 January 20241 CRC = 9.00 MGA
05 January 20241 CRC = 9.03 MGA
06 January 20241 CRC = 8.88 MGA
07 January 20241 CRC = 8.88 MGA
08 January 20241 CRC = 8.98 MGA
09 January 20241 CRC = 9.04 MGA
10 January 20241 CRC = 8.94 MGA
11 January 20241 CRC = 8.92 MGA
12 January 20241 CRC = 8.90 MGA
14 January 20241 CRC = 8.82 MGA
15 January 20241 CRC = 8.92 MGA
16 January 20241 CRC = 8.90 MGA
17 January 20241 CRC = 8.90 MGA
18 January 20241 CRC = 9.01 MGA
19 January 20241 CRC = 9.02 MGA
22 January 20241 CRC = 9.00 MGA
23 January 20241 CRC = 9.01 MGA
24 January 20241 CRC = 8.99 MGA
25 January 20241 CRC = 9.03 MGA
26 January 20241 CRC = 9.05 MGA
28 January 20241 CRC = 8.87 MGA
29 January 20241 CRC = 8.99 MGA
30 January 20241 CRC = 9.04 MGA
31 January 20241 CRC = 9.01 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.
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