Ukrainian hryvnia malagasy ariary exchange rate history (UAH MGA) December 2023

Ukrainian hryvnia malagasy ariary history for December 2023. The highest quote for this month is 124.58 (07/12/2023) and the lowest 124.54 (08/12/2023). The difference between high and low is 0.03.

UAH MGA average rate for December 2023 is 123.1375, the change between 01/12/2023 and 31/12/2023 is +3.86 %.

01 December 2023	1 UAH = 124.6 MGA
02 December 2023	1 UAH = 123.0 MGA
03 December 2023	1 UAH = 123.0 MGA
04 December 2023	1 UAH = 124.3 MGA
05 December 2023	1 UAH = 123.1 MGA
06 December 2023	1 UAH = 124.4 MGA
07 December 2023	1 UAH = 124.4 MGA
08 December 2023	1 UAH = 125.4 MGA
10 December 2023	1 UAH = 123.7 MGA
11 December 2023	1 UAH = 124.5 MGA
12 December 2023	1 UAH = 124.3 MGA
13 December 2023	1 UAH = 124.2 MGA
14 December 2023	1 UAH = 123.8 MGA
15 December 2023	1 UAH = 124.0 MGA
16 December 2023	1 UAH = 123.7 MGA
17 December 2023	1 UAH = 123.7 MGA
18 December 2023	1 UAH = 123.1 MGA
19 December 2023	1 UAH = 123.2 MGA
20 December 2023	1 UAH = 123.0 MGA
21 December 2023	1 UAH = 122.6 MGA
22 December 2023	1 UAH = 122.0 MGA
23 December 2023	1 UAH = 121.2 MGA
24 December 2023	1 UAH = 120.3 MGA
25 December 2023	1 UAH = 122.6 MGA
26 December 2023	1 UAH = 122.6 MGA
27 December 2023	1 UAH = 122.0 MGA
28 December 2023	1 UAH = 121.4 MGA
29 December 2023	1 UAH = 119.8 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.

02/03/2020: COVID-19 impact

The outbreak of the COVID-19 pandemic resulted in economic disruptions, affecting the Ukrainian Hryvnia and causing volatility in the currency markets.

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.

05/02/2015: Currency devaluation

Due to the economic crisis, the Ukrainian Hryvnia experienced a significant devaluation, leading to a sharp increase in prices and financial hardships.

20/02/2014: Ukrainian revolution

The Ukrainian revolution began, leading to political instability and economic challenges, impacting the value and stability of the Ukrainian Hryvnia.

01/07/2008: Exchange rate flexibility

Ukraine implemented a flexible exchange rate system, allowing the Ukrainian Hryvnia to fluctuate based on market forces rather than being pegged to a fixed rate.

01/10/2004: Banknote redesign

New banknotes of the Ukrainian Hryvnia were issued with enhanced security features and updated designs, aimed at combating counterfeiting.

01/08/2003: Second Redenomination of Ariary

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

02/09/1996: Currency reform

A currency reform was conducted, introducing new banknotes and coins of the Ukrainian Hryvnia, addressing issues of inflation and stabilization.

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.

02/09/1992: Introduction of the Ukrainian Hryvnia

The Ukrainian Hryvnia (UAH) was introduced as the national currency, replacing the Soviet ruble, marking Ukraine's economic independence.

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.

26/06/1961: Introduction of Malagasy Franc

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

Historic Ukrainian hryvnia Malagasy Ariary