Historic Euro Malagasy Ariary

Euro malagasy ariary history for February 2024. The highest quote for this month is 4909.55 (25/02/2024) and the lowest 4914.34 (25/02/2024). The difference between high and low is -0.1.

EUR MGA average rate for February 2024 is 4865.3113, the change between 01/02/2024 and 29/02/2024 is +0.29 %.

01 February 20241 EUR = 4861.76 MGA
02 February 20241 EUR = 4899.03 MGA
05 February 20241 EUR = 4866.83 MGA
06 February 20241 EUR = 4822.59 MGA
07 February 20241 EUR = 4846.12 MGA
08 February 20241 EUR = 4881.41 MGA
09 February 20241 EUR = 4849.77 MGA
12 February 20241 EUR = 4844.49 MGA
13 February 20241 EUR = 4869.06 MGA
14 February 20241 EUR = 4845.79 MGA
15 February 20241 EUR = 4850.93 MGA
16 February 20241 EUR = 4866.57 MGA
18 February 20241 EUR = 4893.14 MGA
19 February 20241 EUR = 4852.34 MGA
20 February 20241 EUR = 4837.36 MGA
21 February 20241 EUR = 4883.22 MGA
22 February 20241 EUR = 4883.25 MGA
23 February 20241 EUR = 4860.73 MGA
25 February 20241 EUR = 4909.55 MGA
26 February 20241 EUR = 4854.62 MGA
27 February 20241 EUR = 4895.94 MGA
28 February 20241 EUR = 4880.16 MGA
29 February 20241 EUR = 4847.50 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.
EUR MGA July 2023
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