Historic Malagasy Ariary Pound sterling

Malagasy Ariary pound sterling history for January 2024. The highest quote for this month is 0.000176 (17/01/2024) and the lowest 0.000176 (29/01/2024). The difference between high and low is 0.

MGA GBP average rate for January 2024 is 0.00017, the change between 01/01/2024 and 31/01/2024 is -1.74 %.

01 January 20241 MGA = 0.0002 GBP
02 January 20241 MGA = 0.0002 GBP
03 January 20241 MGA = 0.0002 GBP
04 January 20241 MGA = 0.0002 GBP
05 January 20241 MGA = 0.0002 GBP
07 January 20241 MGA = 0.0002 GBP
08 January 20241 MGA = 0.0002 GBP
09 January 20241 MGA = 0.0002 GBP
10 January 20241 MGA = 0.0002 GBP
11 January 20241 MGA = 0.0002 GBP
12 January 20241 MGA = 0.0002 GBP
14 January 20241 MGA = 0.0002 GBP
15 January 20241 MGA = 0.0002 GBP
16 January 20241 MGA = 0.0002 GBP
17 January 20241 MGA = 0.0002 GBP
18 January 20241 MGA = 0.0002 GBP
19 January 20241 MGA = 0.0002 GBP
22 January 20241 MGA = 0.0002 GBP
23 January 20241 MGA = 0.0002 GBP
24 January 20241 MGA = 0.0002 GBP
25 January 20241 MGA = 0.0002 GBP
26 January 20241 MGA = 0.0002 GBP
28 January 20241 MGA = 0.0002 GBP
29 January 20241 MGA = 0.0002 GBP
30 January 20241 MGA = 0.0002 GBP
31 January 20241 MGA = 0.0002 GBP

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.

23/06/2016: Brexit Referendum

The United Kingdom voted to leave the European Union, causing significant uncertainty and volatility in the pound sterling's value.

01/08/2003: Second Redenomination of Ariary

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

31/12/1999: Establishment of the Euro

The euro was introduced as an electronic currency, paving the way for the eventual replacement of some national currencies, including the pound.

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.

16/09/1992: Black Wednesday

The pound sterling experienced a severe drop in value and the UK was forced to withdraw from the European Exchange Rate Mechanism (ERM).

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.

14/02/1971: Decimalization of the Pound

The pound sterling was decimalized, with the old system of pounds, shillings and pence replaced by a decimal currency.

26/06/1961: Introduction of Malagasy Franc

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

06/12/1921: Currency Separation with Ireland

Following the Anglo-Irish Treaty, Ireland left the United Kingdom and established its own currency, leading to separate pound sterling notes.

21/12/1816: Gold Standard Introduced

The pound sterling was officially placed on the gold standard, meaning it was backed by a fixed amount of gold.

27/07/1694: Bank of England Established

The Bank of England was founded and granted a royal charter, becoming the central bank of England.
MGA GBP January 2024
MGA GBP February 2024
MGA GBP March 2024
MGA GBP April 2024
MGA GBP May 2024
MGA GBP June 2024
MGA GBP July 2024
MGA GBP August 2024
MGA GBP September 2024
MGA GBP October 2024
MGA GBP November 2024
MGA GBP December 2024
MGA GBP January 2025