Malagasy Ariary hong kong dollar exchange rate history (MGA HKD) December 2023

Malagasy Ariary hong kong dollar history for December 2023. The highest quote for this month is 0.001737 (02/12/2023) and the lowest 0.001748 (04/12/2023). The difference between high and low is -0.63.

MGA HKD average rate for December 2023 is 0.00172, the change between 01/12/2023 and 31/12/2023 is +1.21 %.

01 December 2023	1 MGA = 0.0017 HKD
02 December 2023	1 MGA = 0.0017 HKD
03 December 2023	1 MGA = 0.0017 HKD
04 December 2023	1 MGA = 0.0017 HKD
05 December 2023	1 MGA = 0.0017 HKD
06 December 2023	1 MGA = 0.0017 HKD
07 December 2023	1 MGA = 0.0017 HKD
08 December 2023	1 MGA = 0.0017 HKD
10 December 2023	1 MGA = 0.0017 HKD
11 December 2023	1 MGA = 0.0017 HKD
12 December 2023	1 MGA = 0.0017 HKD
13 December 2023	1 MGA = 0.0017 HKD
14 December 2023	1 MGA = 0.0017 HKD
15 December 2023	1 MGA = 0.0017 HKD
16 December 2023	1 MGA = 0.0017 HKD
17 December 2023	1 MGA = 0.0017 HKD
18 December 2023	1 MGA = 0.0017 HKD
19 December 2023	1 MGA = 0.0017 HKD
20 December 2023	1 MGA = 0.0017 HKD
21 December 2023	1 MGA = 0.0017 HKD
22 December 2023	1 MGA = 0.0017 HKD
23 December 2023	1 MGA = 0.0017 HKD
24 December 2023	1 MGA = 0.0017 HKD
25 December 2023	1 MGA = 0.0017 HKD
26 December 2023	1 MGA = 0.0017 HKD
27 December 2023	1 MGA = 0.0017 HKD
28 December 2023	1 MGA = 0.0017 HKD
29 December 2023	1 MGA = 0.0017 HKD

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.

18/05/2005: Removal of Ten Hong Kong Dollars Note

The Hong Kong Monetary Authority announced the removal of the HKD 10 paper note from circulation, encouraging the usage of electronic payment methods and reducing printing costs.

01/08/2003: Second Redenomination of Ariary

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

01/07/1997: Hong Kong's Handover to China

Hong Kong was officially handed over to China, marking the end of British colonial rule but maintaining the Hong Kong Dollar as its currency under the 'one country, two systems' principle.

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.

17/10/1991: Linked Exchange Rate System

The Linked Exchange Rate System (LERS) was implemented, establishing a narrow trading range of HKD 7.75 to 7.85 against the U.S. Dollar, backed by stringent measures to maintain stability.

31/12/1983: Joint Declaration on the Future of Hong Kong

The Sino-British Joint Declaration was signed, affirming Hong Kong's return to China in 1997 and ensuring the continuity of the Hong Kong Dollar as its official currency.

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.

22/05/1972: Pegging to the U.S. Dollar

As the British Pound faced pressures in the foreign exchange market, Hong Kong decided to switch the peg to the U.S. Dollar at a rate of HKD 5.65 to USD 1.

26/06/1961: Introduction of Malagasy Franc

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

12/09/1935: Pegging to the Sterling

The Hong Kong Dollar was pegged to the British Pound (Sterling) at a fixed exchange rate of HKD 16 to GBP 1, which helped stabilize the currency.

01/01/1863: Introduction of the Hong Kong Dollar

The Hong Kong Dollar was first introduced as an official currency by the British colonial government to facilitate trade and commerce in Hong Kong.

Historic Malagasy Ariary Hong Kong dollar