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.
05/04/2016: End of currency intervention
The Czech National Bank ended its currency intervention policy, allowing the koruna to float freely and be determined by market forces.
06/11/2013: Currency intervention
The Czech National Bank implemented a currency intervention policy to weaken the koruna and stimulate the country's economy.
09/10/2008: Global financial crisis impact
The koruna experienced significant depreciation during the global financial crisis, reflecting the economic challenges faced by the Czech Republic.
30/04/2007: EU membership benefits
The Czech Republic became a member of the European Union's economic and monetary union, allowing for greater stability and cooperation for the koruna.
30/04/2004: EU Accession
The Czech Republic joined the European Union, paving the way for further integration of the koruna with European monetary policies.
01/08/2003: Second Redenomination of Ariary
The Malagasy Ariary goes through its second redenomination, with 1 new Ariary equal to 5 old Ariary.
16/12/1993: 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.
30/06/1993: Currency conversion
The Czech Republic adopted a new currency regime, shifting from a fixed exchange rate to a floating exchange rate for the koruna.
07/02/1993: Establishment of Czech koruna
The Czech koruna was introduced as the official currency of the Czech Republic following the dissolution of Czechoslovakia.
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.