Historic Euro Tongan paʻanga

Euro tongan paʻanga history for January 2024. The highest quote for this month is 2.5767 (11/01/2024) and the lowest 2.5561 (24/01/2024). The difference between high and low is 0.8.

EUR TOP average rate for January 2024 is 2.54825, the change between 01/01/2024 and 31/01/2024 is -0.14 %.

01 January 20241 EUR = 2.545 TOP
02 January 20241 EUR = 2.541 TOP
03 January 20241 EUR = 2.529 TOP
04 January 20241 EUR = 2.529 TOP
05 January 20241 EUR = 2.539 TOP
07 January 20241 EUR = 2.547 TOP
08 January 20241 EUR = 2.543 TOP
09 January 20241 EUR = 2.563 TOP
10 January 20241 EUR = 2.571 TOP
11 January 20241 EUR = 2.587 TOP
12 January 20241 EUR = 2.549 TOP
14 January 20241 EUR = 2.542 TOP
15 January 20241 EUR = 2.552 TOP
16 January 20241 EUR = 2.542 TOP
17 January 20241 EUR = 2.538 TOP
18 January 20241 EUR = 2.557 TOP
19 January 20241 EUR = 2.561 TOP
22 January 20241 EUR = 2.543 TOP
23 January 20241 EUR = 2.544 TOP
24 January 20241 EUR = 2.540 TOP
25 January 20241 EUR = 2.548 TOP
26 January 20241 EUR = 2.547 TOP
28 January 20241 EUR = 2.549 TOP
29 January 20241 EUR = 2.546 TOP
30 January 20241 EUR = 2.556 TOP
31 January 20241 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.
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