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.
11/01/2021: New polymer banknotes
Polymer banknotes are introduced in The Gambia for the first time, replacing the previous paper banknotes to enhance durability and security.
06/08/2019: New family of banknotes
The Central Bank of The Gambia introduces a new family of Gambian dalasi banknotes with improved security features.
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.
01/08/2003: Second Redenomination of Ariary
The Malagasy Ariary goes through its second redenomination, with 1 new Ariary equal to 5 old Ariary.
16/06/1997: Introduction of the 25 dalasis note
A new 25-dalasis banknote is introduced, featuring the portrait of President Jammeh, to commemorate 25 years of his rule.
22/07/1996: Change of banknotes and coins
New banknotes and coins featuring the portrait of President Jammeh are introduced, replacing the previous designs.
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.
02/07/1987: Currency redenomination
The Gambian dalasi undergoes a redenomination, with 1 old dalasi being replaced by 10 new dalasis.
01/01/1983: Introduction of Malagasy Ariary
The Malagasy Ariary is introduced as the new official currency of Madagascar, replacing the Malagasy Franc.
01/07/1977: Conversion to decimal currency
The Gambian dalasi is decimalized, with 1 dalasi being divided into 100 bututs.
26/06/1975: Independence of Madagascar
Madagascar declares independence from French colonial rule, leading to changes in the national currency.
27/07/1971: Introduction of the Gambian dalasi
The Gambian dalasi currency is introduced to replace the Gambian pound as the official currency of The Gambia.
26/06/1961: Introduction of Malagasy Franc
Malagasy Franc introduced as the official currency of Madagascar to replace the French Franc.