Historic Egyptian Pound Malagasy Ariary

Egyptian Pound malagasy ariary history for February 2024. The highest quote for this month is 147.08 (17/02/2024) and the lowest 147.08 (17/02/2024). The difference between high and low is 0.

EGP MGA average rate for February 2024 is 146.13963, the change between 01/02/2024 and 29/02/2024 is +0.73 %.

01 February 20241 EGP = 145.8 MGA
02 February 20241 EGP = 146.0 MGA
03 February 20241 EGP = 146.9 MGA
04 February 20241 EGP = 146.9 MGA
05 February 20241 EGP = 145.4 MGA
06 February 20241 EGP = 145.4 MGA
07 February 20241 EGP = 145.9 MGA
08 February 20241 EGP = 146.8 MGA
09 February 20241 EGP = 145.8 MGA
12 February 20241 EGP = 146.2 MGA
13 February 20241 EGP = 146.4 MGA
14 February 20241 EGP = 146.5 MGA
15 February 20241 EGP = 146.4 MGA
16 February 20241 EGP = 146.3 MGA
17 February 20241 EGP = 147.1 MGA
18 February 20241 EGP = 147.1 MGA
19 February 20241 EGP = 146.4 MGA
20 February 20241 EGP = 145.4 MGA
21 February 20241 EGP = 146.1 MGA
22 February 20241 EGP = 146.2 MGA
23 February 20241 EGP = 145.4 MGA
24 February 20241 EGP = 147.1 MGA
25 February 20241 EGP = 146.6 MGA
26 February 20241 EGP = 145.3 MGA
27 February 20241 EGP = 146.0 MGA
28 February 20241 EGP = 145.8 MGA
29 February 20241 EGP = 144.7 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.

03/11/2020: Economic Impact of COVID-19

The COVID-19 pandemic caused economic disruptions globally, affecting the Egyptian Pound's exchange rate and foreign reserves.

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.

01/08/2003: Second Redenomination of Ariary

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

14/11/1999: Liberalization of Exchange Rate

The Egyptian government implemented a managed float exchange rate system, allowing the Pound to fluctuate based on market forces.

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.

12/08/1987: Introduction of New Egyptian Pound

A new Egyptian Pound banknote was introduced to combat counterfeiting and improve security features.

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.

14/09/1962: Devaluation of the Pound

The Egyptian government devalued the Pound by 55%, leading to a significant decrease in its value.

26/06/1961: Introduction of Malagasy Franc

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

23/07/1952: Overthrow of the Monarchy

The Egyptian monarchy was overthrown, leading to political and economic changes that affected the value of the Egyptian Pound.

02/05/1885: Establishment of Central Bank of Egypt

The Central Bank of Egypt was established to regulate the currency and banking system in Egypt.

29/07/1834: Introduction of Egyptian Pound

The Egyptian Pound was introduced as the official currency of Egypt, replacing the piastre.
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