Historic Guinean franc Malagasy Ariary

Guinean franc malagasy ariary history for February 2024. The highest quote for this month is 0.53413 (24/02/2024) and the lowest 0.53413 (24/02/2024). The difference between high and low is 0.

GNF MGA average rate for February 2024 is 0.52977, the change between 01/02/2024 and 29/02/2024 is +0.5 %.

01 February 20241 GNF = 0.5282 MGA
02 February 20241 GNF = 0.5285 MGA
03 February 20241 GNF = 0.5333 MGA
04 February 20241 GNF = 0.5333 MGA
05 February 20241 GNF = 0.5254 MGA
06 February 20241 GNF = 0.5268 MGA
07 February 20241 GNF = 0.5285 MGA
08 February 20241 GNF = 0.5317 MGA
09 February 20241 GNF = 0.5288 MGA
12 February 20241 GNF = 0.5274 MGA
13 February 20241 GNF = 0.5311 MGA
14 February 20241 GNF = 0.5314 MGA
15 February 20241 GNF = 0.5305 MGA
16 February 20241 GNF = 0.5299 MGA
17 February 20241 GNF = 0.5334 MGA
18 February 20241 GNF = 0.5334 MGA
19 February 20241 GNF = 0.5286 MGA
20 February 20241 GNF = 0.5275 MGA
21 February 20241 GNF = 0.5297 MGA
22 February 20241 GNF = 0.5291 MGA
23 February 20241 GNF = 0.5267 MGA
24 February 20241 GNF = 0.5341 MGA
25 February 20241 GNF = 0.5341 MGA
26 February 20241 GNF = 0.5276 MGA
27 February 20241 GNF = 0.5305 MGA
28 February 20241 GNF = 0.5288 MGA
29 February 20241 GNF = 0.5255 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.

30/06/2015: Demonetization of old Guinean franc banknotes

The old series of Guinean franc banknotes, denominated in 'Syli,' ceased to be legal tender, and only the new franc banknotes remained in circulation.

26/09/2012: Introduction of new Guinean franc coins

New coins denominated in the Guinean franc were introduced, replacing the previously used Guinean syli coins.

30/06/2010: Revaluation of the Guinean franc

The Guinean franc underwent a revaluation, with 1 new franc being equivalent to 10,000 old francs.

01/08/2003: Second Redenomination of Ariary

The Malagasy Ariary goes through its second redenomination, with 1 new Ariary equal to 5 old Ariary.

30/06/1997: Introduction of new Guinean franc

A new series of Guinean franc banknotes, denominated in 'Syli,' was introduced as a replacement for the previous currency.

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.

30/11/1985: Devaluation of the Guinean franc

The Guinean franc was devalued by 50%, leading to an economic crisis and high inflation.

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.

31/05/1971: Redenomination of the Guinean franc

The Guinean franc underwent a redenomination, with 1 new franc being equivalent to 10 old francs.

26/06/1961: Introduction of Malagasy Franc

Malagasy Franc introduced as the official currency of Madagascar to replace the French Franc.

01/10/1959: Introduction of Guinean franc

The Guinean franc was introduced as the official currency of Guinea following its independence from France.
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