Tongan paʻanga malagasy ariary exchange rate history (TOP MGA) December 2023

Tongan paʻanga malagasy ariary history for December 2023. The highest quote for this month is 1973.37 (29/12/2023) and the lowest 1972.34 (26/12/2023). The difference between high and low is 0.05.

TOP MGA average rate for December 2023 is 1936.73741, the change between 01/12/2023 and 31/12/2023 is -2.41 %.

01 December 2023	1 TOP = 1930.32 MGA
02 December 2023	1 TOP = 1932.15 MGA
03 December 2023	1 TOP = 1932.15 MGA
04 December 2023	1 TOP = 1933.54 MGA
05 December 2023	1 TOP = 1912.54 MGA
06 December 2023	1 TOP = 1938.22 MGA
07 December 2023	1 TOP = 1921.32 MGA
08 December 2023	1 TOP = 1931.74 MGA
10 December 2023	1 TOP = 1931.54 MGA
11 December 2023	1 TOP = 1917.89 MGA
12 December 2023	1 TOP = 1921.94 MGA
13 December 2023	1 TOP = 1932.26 MGA
14 December 2023	1 TOP = 1934.94 MGA
15 December 2023	1 TOP = 1942.93 MGA
16 December 2023	1 TOP = 1929.23 MGA
17 December 2023	1 TOP = 1929.23 MGA
18 December 2023	1 TOP = 1932.19 MGA
19 December 2023	1 TOP = 1954.05 MGA
20 December 2023	1 TOP = 1924.70 MGA
21 December 2023	1 TOP = 1969.21 MGA
22 December 2023	1 TOP = 1954.35 MGA
23 December 2023	1 TOP = 1940.57 MGA
24 December 2023	1 TOP = 1940.57 MGA
26 December 2023	1 TOP = 1971.02 MGA
27 December 2023	1 TOP = 1929.44 MGA
28 December 2023	1 TOP = 1926.98 MGA
29 December 2023	1 TOP = 1976.89 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.

01/04/2020: 50th Anniversary of the Paʻanga

Tonga celebrated the 50th anniversary of the introduction of the paʻanga as its 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.

29/07/2014: Second Devaluation of the Paʻanga

Another devaluation occurred, this time by 20%, as part of Tonga's economic reform program.

14/03/2008: Currency Redenomination

Tonga redenominated its currency, removing three zeros from the paʻanga to simplify monetary transactions.

16/11/2006: Riot and Currency Crisis

Civil unrest and riots erupted in Tonga, leading to a currency crisis and a temporary suspension of trading the paʻanga.

01/08/2003: Second Redenomination of Ariary

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

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.

01/04/1991: First Devaluation of the Paʻanga

The paʻanga was devalued by 25% in an attempt to boost Tonga's economy and improve trade competitiveness.

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.

04/06/1975: Independence of Tonga

Tonga gained full independence from the United Kingdom, further solidifying the status of the paʻanga as its national currency.

01/04/1967: Introduction of the Paʻanga

The Tongan paʻanga was introduced as the official currency, replacing the pound at a rate of 1 pound = 2 paʻanga.

26/06/1961: Introduction of Malagasy Franc

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

Historic Tongan paʻanga Malagasy Ariary