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

Tongan paʻanga malagasy ariary history for November 2023. The highest quote for this month is 1920.42 (30/11/2023) and the lowest 1991 (06/11/2023). The difference between high and low is -3.68.

TOP MGA average rate for November 2023 is 1903.93238, the change between 01/11/2023 and 30/11/2023 is -1.43 %.

01 November 2023	1 TOP = 1886.00 MGA
06 November 2023	1 TOP = 1989.85 MGA
07 November 2023	1 TOP = 2011.56 MGA
08 November 2023	1 TOP = 1890.45 MGA
09 November 2023	1 TOP = 1897.02 MGA
10 November 2023	1 TOP = 1892.38 MGA
13 November 2023	1 TOP = 1889.16 MGA
14 November 2023	1 TOP = 1890.90 MGA
15 November 2023	1 TOP = 1900.91 MGA
16 November 2023	1 TOP = 1886.31 MGA
17 November 2023	1 TOP = 1879.64 MGA
20 November 2023	1 TOP = 1875.86 MGA
21 November 2023	1 TOP = 1879.53 MGA
22 November 2023	1 TOP = 1868.45 MGA
23 November 2023	1 TOP = 1880.01 MGA
24 November 2023	1 TOP = 1912.35 MGA
26 November 2023	1 TOP = 1905.92 MGA
27 November 2023	1 TOP = 1907.76 MGA
28 November 2023	1 TOP = 1911.71 MGA
29 November 2023	1 TOP = 1913.86 MGA
30 November 2023	1 TOP = 1912.95 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