Historic Malagasy Ariary Hungarian forint

Malagasy Ariary hungarian forint history for January 2024. The highest quote for this month is 0.080442 (29/01/2024) and the lowest 0.079865 (29/01/2024). The difference between high and low is 0.72.

MGA HUF average rate for January 2024 is 0.07705, the change between 01/01/2024 and 31/01/2024 is -4.42 %.

01 January 20241 MGA = 0.0757 HUF
02 January 20241 MGA = 0.0757 HUF
03 January 20241 MGA = 0.0765 HUF
04 January 20241 MGA = 0.0764 HUF
05 January 20241 MGA = 0.0756 HUF
06 January 20241 MGA = 0.0752 HUF
07 January 20241 MGA = 0.0752 HUF
08 January 20241 MGA = 0.0761 HUF
09 January 20241 MGA = 0.0753 HUF
10 January 20241 MGA = 0.0765 HUF
11 January 20241 MGA = 0.0760 HUF
12 January 20241 MGA = 0.0763 HUF
14 January 20241 MGA = 0.0757 HUF
15 January 20241 MGA = 0.0766 HUF
16 January 20241 MGA = 0.0767 HUF
17 January 20241 MGA = 0.0772 HUF
18 January 20241 MGA = 0.0769 HUF
19 January 20241 MGA = 0.0775 HUF
22 January 20241 MGA = 0.0777 HUF
23 January 20241 MGA = 0.0780 HUF
24 January 20241 MGA = 0.0790 HUF
25 January 20241 MGA = 0.0787 HUF
26 January 20241 MGA = 0.0785 HUF
28 January 20241 MGA = 0.0787 HUF
29 January 20241 MGA = 0.0798 HUF
30 January 20241 MGA = 0.0798 HUF
31 January 20241 MGA = 0.0791 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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