Historic Guinean franc Malagasy Ariary

Guinean franc malagasy ariary history for January 2024. The highest quote for this month is 0.53922 (07/01/2024) and the lowest 0.54005 (07/01/2024). The difference between high and low is -0.15.

GNF MGA average rate for January 2024 is 0.53252, the change between 01/01/2024 and 31/01/2024 is +1.36 %.

01 January 20241 GNF = 0.5357 MGA
02 January 20241 GNF = 0.5357 MGA
03 January 20241 GNF = 0.5353 MGA
04 January 20241 GNF = 0.5353 MGA
05 January 20241 GNF = 0.5370 MGA
06 January 20241 GNF = 0.5401 MGA
07 January 20241 GNF = 0.5392 MGA
08 January 20241 GNF = 0.5343 MGA
09 January 20241 GNF = 0.5376 MGA
10 January 20241 GNF = 0.5318 MGA
11 January 20241 GNF = 0.5320 MGA
12 January 20241 GNF = 0.5307 MGA
14 January 20241 GNF = 0.5375 MGA
15 January 20241 GNF = 0.5316 MGA
16 January 20241 GNF = 0.5303 MGA
17 January 20241 GNF = 0.5299 MGA
18 January 20241 GNF = 0.5326 MGA
19 January 20241 GNF = 0.5317 MGA
22 January 20241 GNF = 0.5304 MGA
23 January 20241 GNF = 0.5284 MGA
24 January 20241 GNF = 0.5251 MGA
25 January 20241 GNF = 0.5287 MGA
26 January 20241 GNF = 0.5308 MGA
28 January 20241 GNF = 0.5334 MGA
29 January 20241 GNF = 0.5259 MGA
30 January 20241 GNF = 0.5291 MGA
31 January 20241 GNF = 0.5285 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.