Euro malagasy ariary exchange rate history (EUR MGA) December 2023

Euro malagasy ariary history for December 2023. The highest quote for this month is 5042.84 (28/12/2023) and the lowest 5046.5 (25/12/2023). The difference between high and low is -0.07.

EUR MGA average rate for December 2023 is 4954.102, the change between 01/12/2023 and 31/12/2023 is -2.87 %.

01 December 2023	1 EUR = 4895.71 MGA
03 December 2023	1 EUR = 4895.03 MGA
04 December 2023	1 EUR = 4902.12 MGA
05 December 2023	1 EUR = 4844.48 MGA
06 December 2023	1 EUR = 4889.53 MGA
07 December 2023	1 EUR = 4885.27 MGA
08 December 2023	1 EUR = 4929.20 MGA
10 December 2023	1 EUR = 4869.08 MGA
11 December 2023	1 EUR = 4893.46 MGA
12 December 2023	1 EUR = 4904.18 MGA
13 December 2023	1 EUR = 4924.13 MGA
14 December 2023	1 EUR = 4953.19 MGA
15 December 2023	1 EUR = 5007.59 MGA
17 December 2023	1 EUR = 4929.04 MGA
18 December 2023	1 EUR = 4958.52 MGA
19 December 2023	1 EUR = 4970.34 MGA
20 December 2023	1 EUR = 5001.87 MGA
21 December 2023	1 EUR = 5013.13 MGA
22 December 2023	1 EUR = 5013.32 MGA
24 December 2023	1 EUR = 4983.90 MGA
25 December 2023	1 EUR = 5035.88 MGA
26 December 2023	1 EUR = 5032.99 MGA
27 December 2023	1 EUR = 5024.57 MGA
28 December 2023	1 EUR = 5059.99 MGA
29 December 2023	1 EUR = 5036.03 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.

13/07/2015: Greek debt bailout agreement

A third bailout deal was reached between Greece and its creditors, avoiding a potential Greek exit from the Eurozone.

02/05/2010: Greek debt crisis

Greece's financial crisis threatened the stability of the Eurozone, requiring massive bailout packages to prevent a default.

15/10/2008: Global financial crisis

The Euro faced significant economic challenges following the collapse of Lehman Brothers, leading to a recession in many Eurozone countries.

01/05/2004: Eurozone expansion

10 more countries joined the Eurozone, bringing the total number of participating countries to 24.

01/08/2003: Second Redenomination of Ariary

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

01/01/2002: Euro banknotes and coins

Physical banknotes and coins in Euro were introduced, replacing national currencies in 12 European countries.

01/01/1999: Introduction of the Euro

The Euro was officially introduced as an electronic currency for banking and financial transactions.

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.

07/02/1992: The Maastricht Treaty

The treaty was signed, which officially established the European Union and laid the groundwork for the creation of the Euro.

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.

Historic Euro Malagasy Ariary