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

Euro malagasy ariary history for November 2023. The highest quote for this month is 4925.06 (29/11/2023) and the lowest 4937.66 (30/11/2023). The difference between high and low is -0.26.

EUR MGA average rate for November 2023 is 4837.00304, the change between 01/11/2023 and 30/11/2023 is -3.27 %.

01 November 2023	1 EUR = 4750.02 MGA
02 November 2023	1 EUR = 4754.65 MGA
03 November 2023	1 EUR = 4751.94 MGA
06 November 2023	1 EUR = 4766.73 MGA
07 November 2023	1 EUR = 4813.98 MGA
08 November 2023	1 EUR = 4802.55 MGA
09 November 2023	1 EUR = 4798.27 MGA
10 November 2023	1 EUR = 4768.41 MGA
13 November 2023	1 EUR = 4781.66 MGA
14 November 2023	1 EUR = 4789.07 MGA
15 November 2023	1 EUR = 4862.61 MGA
16 November 2023	1 EUR = 4841.14 MGA
17 November 2023	1 EUR = 4840.78 MGA
20 November 2023	1 EUR = 4866.44 MGA
21 November 2023	1 EUR = 4887.37 MGA
22 November 2023	1 EUR = 4869.53 MGA
23 November 2023	1 EUR = 4887.36 MGA
24 November 2023	1 EUR = 4903.40 MGA
26 November 2023	1 EUR = 4900.82 MGA
27 November 2023	1 EUR = 4896.50 MGA
28 November 2023	1 EUR = 4892.94 MGA
29 November 2023	1 EUR = 4919.66 MGA
30 November 2023	1 EUR = 4905.24 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