Romanian leu malagasy ariary exchange rate history (RON MGA) December 2023

Romanian leu malagasy ariary history for December 2023. The highest quote for this month is 1014.95 (28/12/2023) and the lowest 1015.65 (26/12/2023). The difference between high and low is -0.07.

RON MGA average rate for December 2023 is 997.24192, the change between 01/12/2023 and 31/12/2023 is -2.87 %.

01 December 2023	1 RON = 986.0 MGA
03 December 2023	1 RON = 986.6 MGA
04 December 2023	1 RON = 982.2 MGA
05 December 2023	1 RON = 976.2 MGA
06 December 2023	1 RON = 985.9 MGA
07 December 2023	1 RON = 984.3 MGA
08 December 2023	1 RON = 992.8 MGA
10 December 2023	1 RON = 980.2 MGA
11 December 2023	1 RON = 985.5 MGA
12 December 2023	1 RON = 987.4 MGA
13 December 2023	1 RON = 991.2 MGA
14 December 2023	1 RON = 998.0 MGA
15 December 2023	1 RON = 1007.63 MGA
16 December 2023	1 RON = 992.3 MGA
17 December 2023	1 RON = 993.1 MGA
18 December 2023	1 RON = 999.8 MGA
19 December 2023	1 RON = 1000.90 MGA
20 December 2023	1 RON = 1007.14 MGA
21 December 2023	1 RON = 1009.52 MGA
22 December 2023	1 RON = 1009.82 MGA
24 December 2023	1 RON = 1001.53 MGA
25 December 2023	1 RON = 1012.31 MGA
26 December 2023	1 RON = 1013.55 MGA
27 December 2023	1 RON = 1012.10 MGA
28 December 2023	1 RON = 1018.24 MGA
29 December 2023	1 RON = 1014.27 MGA

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.

01/04/2019: Romania plans to adopt the euro

The Romanian government announces its intention to join the Eurozone and set a target date for adopting the euro as the national currency.

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.

01/06/2005: Currency redenomination

Romania underwent a currency redenomination, with 10,000 old lei being exchanged for 1 new leu, to simplify transactions and eliminate zeros.

01/08/2003: Second Redenomination of Ariary

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

01/07/2003: Romania joins EU Accession

As part of joining the European Union, Romania pledges to adopt the euro in the future, aiming for greater economic integration.

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.

28/02/1991: End of communist era

As communism collapsed, Romania undergoes economic reforms and introduces a free-floating exchange rate system for the leu.

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.

30/12/1947: Communist regime introduces new leu

In an attempt to devalue the currency and control the economy, the Communist regime introduces a new leu at a ratio of 1:20,000.

01/03/1901: Introduction of the gold standard

Romanian leu was tied to the gold standard, ensuring the stability of the currency and attracting foreign investments.

01/04/1867: Creation of the Romanian leu

The leu was established as the official currency of Romania, replacing the previous currencies in circulation.

Historic Romanian leu Malagasy Ariary