Historic Malagasy Ariary Hungarian forint

Malagasy Ariary hungarian forint history for February 2024. The highest quote for this month is 0.081258 (29/02/2024) and the lowest 0.080779 (29/02/2024). The difference between high and low is 0.59.

MGA HUF average rate for February 2024 is 0.07955, the change between 01/02/2024 and 29/02/2024 is -2.85 %.

01 February 20241 MGA = 0.0789 HUF
02 February 20241 MGA = 0.0781 HUF
03 February 20241 MGA = 0.0785 HUF
04 February 20241 MGA = 0.0785 HUF
05 February 20241 MGA = 0.0788 HUF
06 February 20241 MGA = 0.0801 HUF
07 February 20241 MGA = 0.0797 HUF
08 February 20241 MGA = 0.0795 HUF
09 February 20241 MGA = 0.0801 HUF
12 February 20241 MGA = 0.0799 HUF
13 February 20241 MGA = 0.0794 HUF
14 February 20241 MGA = 0.0799 HUF
15 February 20241 MGA = 0.0801 HUF
16 February 20241 MGA = 0.0799 HUF
17 February 20241 MGA = 0.0795 HUF
18 February 20241 MGA = 0.0795 HUF
19 February 20241 MGA = 0.0800 HUF
20 February 20241 MGA = 0.0803 HUF
21 February 20241 MGA = 0.0793 HUF
22 February 20241 MGA = 0.0792 HUF
23 February 20241 MGA = 0.0796 HUF
24 February 20241 MGA = 0.0791 HUF
25 February 20241 MGA = 0.0791 HUF
26 February 20241 MGA = 0.0800 HUF
27 February 20241 MGA = 0.0795 HUF
28 February 20241 MGA = 0.0801 HUF
29 February 20241 MGA = 0.0811 HUF

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.

09/03/2012: Introduction of New Banknotes

Hungary introduced new banknotes with enhanced security features, aiming to combat counterfeiting and improve the forint's credibility.

23/10/2008: Global Financial Crisis

The global financial crisis had a significant impact on the Hungarian forint, resulting in a significant depreciation against major foreign currencies.

01/05/2004: Accession to the European Union

Hungary joined the European Union, bringing the forint closer to the eurozone and influencing its future trajectory as an EU currency.

01/08/2003: Second Redenomination of Ariary

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

28/02/2001: Currency Exchange Rate Stability

The Hungarian government adopted a policy of maintaining a stable exchange rate for the forint against the euro, contributing to the currency's stability.

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.

16/06/1989: Transition to a Market Economy

Hungary implemented economic reforms, including the transition from a planned economy to a market economy, with significant impacts on the forint's value and exchange rate.

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.

20/08/1949: Forint becomes a planned economy currency

Hungary's currency, including the forint, became part of the planned socialist economy under the control of the Hungarian Workers' Party.

03/08/1946: Introduction of the Forint

The forint was introduced as the official currency of Hungary, replacing the previous pengő, which had been severely devalued during World War II.
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