Euro tongan paʻanga exchange rate history (EUR TOP) December 2023

Euro tongan paʻanga history for December 2023. The highest quote for this month is 2.617 (28/12/2023) and the lowest 2.5699 (28/12/2023). The difference between high and low is 1.8.

EUR TOP average rate for December 2023 is 2.55578, the change between 01/12/2023 and 31/12/2023 is -0.45 %.

01 December 2023	1 EUR = 2.536 TOP
03 December 2023	1 EUR = 2.534 TOP
04 December 2023	1 EUR = 2.535 TOP
05 December 2023	1 EUR = 2.533 TOP
06 December 2023	1 EUR = 2.523 TOP
07 December 2023	1 EUR = 2.543 TOP
08 December 2023	1 EUR = 2.552 TOP
10 December 2023	1 EUR = 2.521 TOP
11 December 2023	1 EUR = 2.552 TOP
12 December 2023	1 EUR = 2.552 TOP
13 December 2023	1 EUR = 2.548 TOP
14 December 2023	1 EUR = 2.560 TOP
15 December 2023	1 EUR = 2.577 TOP
17 December 2023	1 EUR = 2.555 TOP
18 December 2023	1 EUR = 2.566 TOP
19 December 2023	1 EUR = 2.544 TOP
20 December 2023	1 EUR = 2.599 TOP
21 December 2023	1 EUR = 2.546 TOP
22 December 2023	1 EUR = 2.565 TOP
24 December 2023	1 EUR = 2.568 TOP
26 December 2023	1 EUR = 2.554 TOP
27 December 2023	1 EUR = 2.604 TOP
28 December 2023	1 EUR = 2.626 TOP
29 December 2023	1 EUR = 2.548 TOP

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

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

13/07/2015: Greek debt bailout agreement

A third bailout deal was reached between Greece and its creditors, avoiding a potential Greek exit from the Eurozone.

29/07/2014: Second Devaluation of the Paʻanga

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

02/05/2010: Greek debt crisis

Greece's financial crisis threatened the stability of the Eurozone, requiring massive bailout packages to prevent a default.

15/10/2008: Global financial crisis

The Euro faced significant economic challenges following the collapse of Lehman Brothers, leading to a recession in many Eurozone countries.

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.

01/05/2004: Eurozone expansion

10 more countries joined the Eurozone, bringing the total number of participating countries to 24.

01/01/2002: Euro banknotes and coins

Physical banknotes and coins in Euro were introduced, replacing national currencies in 12 European countries.

01/01/1999: Introduction of the Euro

The Euro was officially introduced as an electronic currency for banking and financial transactions.

07/02/1992: The Maastricht Treaty

The treaty was signed, which officially established the European Union and laid the groundwork for the creation of the Euro.

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.

Historic Euro Tongan paʻanga