Historic Czech koruna Tongan paʻanga

Czech koruna tongan paʻanga history for November 2023. The highest quote for this month is 0.10672 (24/11/2023) and the lowest 0.1061 (28/11/2023). The difference between high and low is 0.58.

CZK TOP average rate for November 2023 is 0.10428, the change between 01/11/2023 and 30/11/2023 is -3.1 %.

01 November 20231 CZK = 0.1026 TOP
06 November 20231 CZK = 0.0985 TOP
07 November 20231 CZK = 0.0976 TOP
08 November 20231 CZK = 0.1033 TOP
09 November 20231 CZK = 0.1028 TOP
10 November 20231 CZK = 0.1028 TOP
12 November 20231 CZK = 0.1032 TOP
13 November 20231 CZK = 0.1034 TOP
14 November 20231 CZK = 0.1032 TOP
15 November 20231 CZK = 0.1047 TOP
16 November 20231 CZK = 0.1050 TOP
17 November 20231 CZK = 0.1054 TOP
18 November 20231 CZK = 0.1059 TOP
19 November 20231 CZK = 0.1059 TOP
20 November 20231 CZK = 0.1061 TOP
21 November 20231 CZK = 0.1062 TOP
22 November 20231 CZK = 0.1064 TOP
23 November 20231 CZK = 0.1064 TOP
24 November 20231 CZK = 0.1053 TOP
26 November 20231 CZK = 0.1055 TOP
27 November 20231 CZK = 0.1053 TOP
28 November 20231 CZK = 0.1055 TOP
29 November 20231 CZK = 0.1061 TOP
30 November 20231 CZK = 0.1058 TOP

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

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

05/04/2016: End of currency intervention

The Czech National Bank ended its currency intervention policy, allowing the koruna to float freely and be determined by market forces.

29/07/2014: Second Devaluation of the Paʻanga

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

06/11/2013: Currency intervention

The Czech National Bank implemented a currency intervention policy to weaken the koruna and stimulate the country's economy.

09/10/2008: Global financial crisis impact

The koruna experienced significant depreciation during the global financial crisis, reflecting the economic challenges faced by the Czech Republic.

14/03/2008: Currency Redenomination

Tonga redenominated its currency, removing three zeros from the paʻanga to simplify monetary transactions.

30/04/2007: EU membership benefits

The Czech Republic became a member of the European Union's economic and monetary union, allowing for greater stability and cooperation for the koruna.

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.

30/04/2004: EU Accession

The Czech Republic joined the European Union, paving the way for further integration of the koruna with European monetary policies.

30/06/1993: Currency conversion

The Czech Republic adopted a new currency regime, shifting from a fixed exchange rate to a floating exchange rate for the koruna.

07/02/1993: Establishment of Czech koruna

The Czech koruna was introduced as the official currency of the Czech Republic following the dissolution of Czechoslovakia.

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.

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.