Historic Brunei dollar Tongan paʻanga

Brunei dollar tongan paʻanga history for August 2023. The highest quote for this month is 1.7836 (04/08/2023) and the lowest 1.7768 (07/08/2023). The difference between high and low is 0.38.

BND TOP average rate for August 2023 is 1.76556, the change between 01/08/2023 and 31/08/2023 is +0.16 %.

01 August 20231 BND = 1.779 TOP
04 August 20231 BND = 1.774 TOP
07 August 20231 BND = 1.778 TOP
08 August 20231 BND = 1.775 TOP
10 August 20231 BND = 1.774 TOP
12 August 20231 BND = 1.733 TOP
14 August 20231 BND = 1.766 TOP
15 August 20231 BND = 1.769 TOP
17 August 20231 BND = 1.773 TOP
19 August 20231 BND = 1.740 TOP
20 August 20231 BND = 1.740 TOP
21 August 20231 BND = 1.778 TOP
28 August 20231 BND = 1.776 TOP

01/01/2022: Removal of monarchy symbol

Brunei currency no longer featured the portrait of the Sultan as part of efforts to modernize the banknotes.

01/04/2020: 50th Anniversary of the Paʻanga

Tonga celebrated the 50th anniversary of the introduction of the paʻanga as its national currency.

21/07/2017: Commencement of New Series Polymer Banknotes

New series of polymer banknotes with modern designs entered circulation.

29/07/2014: Second Devaluation of the Paʻanga

Another devaluation occurred, this time by 20%, as part of Tonga's economic reform program.

05/05/2013: Upgrade of polymer banknotes

Introduction of new polymer banknotes with enhanced security features.

01/07/2011: Introduction of Brunei-Indonesia Currency Agreement

Brunei dollar became interchangeable with Indonesian rupiah in specified regions.

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.

18/03/1996: Change in currency regime

Brunei dollar became fully backed by foreign exchange reserves instead of gold.

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.

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.

12/06/1973: Establishment of Brunei Currency Board

Currency Board assumed responsibility for the issuance and management of Brunei dollar.

27/07/1967: Introduction of Brunei and Singapore Currency Interchangeability Agreement

Brunei and Singapore dollars became interchangeable at par.

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.