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

Euro malagasy ariary history for October 2023. The highest quote for this month is 4758.43 (25/10/2023) and the lowest 4776.48 (31/10/2023). The difference between high and low is -0.38.

EUR MGA average rate for October 2023 is 4746.30182, the change between 01/10/2023 and 31/10/2023 is -0.02 %.

02 October 2023	1 EUR = 4765.41 MGA
03 October 2023	1 EUR = 4716.34 MGA
04 October 2023	1 EUR = 4719.87 MGA
05 October 2023	1 EUR = 4717.67 MGA
06 October 2023	1 EUR = 4722.25 MGA
09 October 2023	1 EUR = 4729.32 MGA
10 October 2023	1 EUR = 4746.73 MGA
11 October 2023	1 EUR = 4777.46 MGA
12 October 2023	1 EUR = 4785.18 MGA
13 October 2023	1 EUR = 4741.53 MGA
16 October 2023	1 EUR = 4697.60 MGA
17 October 2023	1 EUR = 4754.72 MGA
18 October 2023	1 EUR = 4757.88 MGA
19 October 2023	1 EUR = 4732.44 MGA
20 October 2023	1 EUR = 4763.92 MGA
23 October 2023	1 EUR = 4738.50 MGA
24 October 2023	1 EUR = 4790.76 MGA
25 October 2023	1 EUR = 4762.61 MGA
26 October 2023	1 EUR = 4752.09 MGA
27 October 2023	1 EUR = 4750.84 MGA
30 October 2023	1 EUR = 4729.37 MGA
31 October 2023	1 EUR = 4766.15 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