Historic Malagasy Ariary Guinean franc

Malagasy Ariary guinean franc history for January 2024. The highest quote for this month is 1.9014 (29/01/2024) and the lowest 1.9058 (31/01/2024). The difference between high and low is -0.23.

MGA GNF average rate for January 2024 is 1.87795, the change between 01/01/2024 and 31/01/2024 is -1.38 %.

01 January 20241 MGA = 1.867 GNF
02 January 20241 MGA = 1.867 GNF
03 January 20241 MGA = 1.868 GNF
04 January 20241 MGA = 1.868 GNF
05 January 20241 MGA = 1.862 GNF
06 January 20241 MGA = 1.852 GNF
07 January 20241 MGA = 1.855 GNF
08 January 20241 MGA = 1.872 GNF
09 January 20241 MGA = 1.860 GNF
10 January 20241 MGA = 1.881 GNF
11 January 20241 MGA = 1.880 GNF
12 January 20241 MGA = 1.884 GNF
14 January 20241 MGA = 1.861 GNF
15 January 20241 MGA = 1.881 GNF
16 January 20241 MGA = 1.886 GNF
17 January 20241 MGA = 1.887 GNF
18 January 20241 MGA = 1.878 GNF
19 January 20241 MGA = 1.881 GNF
22 January 20241 MGA = 1.886 GNF
23 January 20241 MGA = 1.893 GNF
24 January 20241 MGA = 1.904 GNF
25 January 20241 MGA = 1.892 GNF
26 January 20241 MGA = 1.884 GNF
28 January 20241 MGA = 1.875 GNF
29 January 20241 MGA = 1.901 GNF
30 January 20241 MGA = 1.890 GNF
31 January 20241 MGA = 1.892 GNF

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.
MGA GNF January 2024
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MGA GNF January 2025