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 January 2024
EUR MGA February 2024
EUR MGA March 2024
EUR MGA April 2024
EUR MGA May 2024
EUR MGA June 2024
EUR MGA July 2024
EUR MGA August 2024
EUR MGA September 2024
EUR MGA October 2024
EUR MGA November 2024
EUR MGA December 2024
EUR MGA January 2025