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.
TOP MGA August 2023
TOP MGA September 2023
TOP MGA October 2023
TOP MGA November 2023
TOP MGA December 2023
TOP MGA January 2024
TOP MGA February 2024
TOP MGA March 2024
TOP MGA April 2024
TOP MGA May 2024
TOP MGA June 2024
TOP MGA July 2024
TOP MGA August 2024