Historic Tongan paʻanga Malagasy Ariary

Tongan paʻanga malagasy ariary history for January 2024. The highest quote for this month is 1989.1 (01/01/2024) and the lowest 1988.02 (01/01/2024). The difference between high and low is 0.05.

TOP MGA average rate for January 2024 is 1944.30593, the change between 01/01/2024 and 31/01/2024 is +3.48 %.

01 January 20241 TOP = 1986.22 MGA
02 January 20241 TOP = 1987.50 MGA
03 January 20241 TOP = 1970.84 MGA
04 January 20241 TOP = 1968.54 MGA
05 January 20241 TOP = 1973.00 MGA
06 January 20241 TOP = 1979.18 MGA
07 January 20241 TOP = 1972.29 MGA
08 January 20241 TOP = 1952.28 MGA
09 January 20241 TOP = 1956.85 MGA
10 January 20241 TOP = 1924.96 MGA
11 January 20241 TOP = 1923.07 MGA
12 January 20241 TOP = 1948.05 MGA
14 January 20241 TOP = 1969.30 MGA
15 January 20241 TOP = 1937.87 MGA
16 January 20241 TOP = 1941.71 MGA
17 January 20241 TOP = 1935.68 MGA
18 January 20241 TOP = 1932.90 MGA
19 January 20241 TOP = 1926.67 MGA
22 January 20241 TOP = 1931.87 MGA
23 January 20241 TOP = 1933.03 MGA
24 January 20241 TOP = 1923.57 MGA
25 January 20241 TOP = 1930.72 MGA
26 January 20241 TOP = 1927.01 MGA
28 January 20241 TOP = 1930.19 MGA
29 January 20241 TOP = 1908.51 MGA
30 January 20241 TOP = 1907.35 MGA
31 January 20241 TOP = 1917.10 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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