Historic Euro Malagasy Ariary

Euro malagasy ariary history for January 2024. The highest quote for this month is 5054.21 (01/01/2024) and the lowest 5057.61 (01/01/2024). The difference between high and low is -0.07.

EUR MGA average rate for January 2024 is 4951.04308, the change between 01/01/2024 and 31/01/2024 is +3.35 %.

01 January 20241 EUR = 5054.15 MGA
02 January 20241 EUR = 5050.91 MGA
03 January 20241 EUR = 4983.97 MGA
04 January 20241 EUR = 4977.60 MGA
05 January 20241 EUR = 5008.43 MGA
07 January 20241 EUR = 5023.35 MGA
08 January 20241 EUR = 4963.75 MGA
09 January 20241 EUR = 5015.88 MGA
10 January 20241 EUR = 4948.61 MGA
11 January 20241 EUR = 4974.89 MGA
12 January 20241 EUR = 4965.06 MGA
14 January 20241 EUR = 5006.62 MGA
15 January 20241 EUR = 4946.06 MGA
16 January 20241 EUR = 4936.09 MGA
17 January 20241 EUR = 4912.58 MGA
18 January 20241 EUR = 4942.14 MGA
19 January 20241 EUR = 4933.69 MGA
22 January 20241 EUR = 4913.42 MGA
23 January 20241 EUR = 4917.85 MGA
24 January 20241 EUR = 4886.05 MGA
25 January 20241 EUR = 4918.55 MGA
26 January 20241 EUR = 4908.29 MGA
28 January 20241 EUR = 4919.12 MGA
29 January 20241 EUR = 4859.60 MGA
30 January 20241 EUR = 4875.51 MGA
31 January 20241 EUR = 4884.95 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.
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