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

Euro malagasy ariary history for September 2023. The highest quote for this month is 4843.89 (04/09/2023) and the lowest 4861.62 (01/09/2023). The difference between high and low is -0.37.

EUR MGA average rate for September 2023 is 4779.55571, the change between 01/09/2023 and 30/09/2023 is +2.18 %.

01 September 2023	1 EUR = 4850.39 MGA
04 September 2023	1 EUR = 4836.29 MGA
05 September 2023	1 EUR = 4822.50 MGA
06 September 2023	1 EUR = 4795.41 MGA
07 September 2023	1 EUR = 4777.63 MGA
08 September 2023	1 EUR = 4760.53 MGA
11 September 2023	1 EUR = 4781.06 MGA
12 September 2023	1 EUR = 4789.29 MGA
13 September 2023	1 EUR = 4785.20 MGA
14 September 2023	1 EUR = 4776.73 MGA
15 September 2023	1 EUR = 4749.49 MGA
18 September 2023	1 EUR = 4756.66 MGA
19 September 2023	1 EUR = 4781.76 MGA
20 September 2023	1 EUR = 4780.22 MGA
21 September 2023	1 EUR = 4761.90 MGA
22 September 2023	1 EUR = 4835.01 MGA
25 September 2023	1 EUR = 4767.80 MGA
26 September 2023	1 EUR = 4745.06 MGA
27 September 2023	1 EUR = 4745.70 MGA
28 September 2023	1 EUR = 4727.39 MGA
29 September 2023	1 EUR = 4744.65 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