Historic Tongan paʻanga Malagasy Ariary

Tongan paʻanga malagasy ariary history for February 2024. The highest quote for this month is 1939.98 (17/02/2024) and the lowest 1939.98 (17/02/2024). The difference between high and low is 0.

TOP MGA average rate for February 2024 is 1921.91556, the change between 01/02/2024 and 29/02/2024 is +0.21 %.

01 February 20241 TOP = 1905.97 MGA
02 February 20241 TOP = 1916.70 MGA
03 February 20241 TOP = 1928.39 MGA
04 February 20241 TOP = 1928.39 MGA
05 February 20241 TOP = 1911.70 MGA
06 February 20241 TOP = 1896.56 MGA
07 February 20241 TOP = 1894.05 MGA
08 February 20241 TOP = 1919.57 MGA
09 February 20241 TOP = 1938.40 MGA
12 February 20241 TOP = 1919.56 MGA
13 February 20241 TOP = 1935.26 MGA
14 February 20241 TOP = 1927.91 MGA
15 February 20241 TOP = 1928.49 MGA
16 February 20241 TOP = 1931.25 MGA
17 February 20241 TOP = 1939.98 MGA
18 February 20241 TOP = 1939.98 MGA
19 February 20241 TOP = 1923.63 MGA
20 February 20241 TOP = 1932.45 MGA
21 February 20241 TOP = 1934.96 MGA
22 February 20241 TOP = 1921.41 MGA
23 February 20241 TOP = 1913.00 MGA
24 February 20241 TOP = 1933.20 MGA
25 February 20241 TOP = 1933.20 MGA
26 February 20241 TOP = 1902.59 MGA
27 February 20241 TOP = 1904.28 MGA
28 February 20241 TOP = 1928.93 MGA
29 February 20241 TOP = 1901.91 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.
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