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

Euro tongan paʻanga history for November 2023. The highest quote for this month is 2.6011 (21/11/2023) and the lowest 2.5895 (19/11/2023). The difference between high and low is 0.45.

EUR TOP average rate for November 2023 is 2.54656, the change between 01/11/2023 and 30/11/2023 is -1.81 %.

01 November 2023	1 EUR = 2.519 TOP
06 November 2023	1 EUR = 2.396 TOP
07 November 2023	1 EUR = 2.393 TOP
08 November 2023	1 EUR = 2.540 TOP
09 November 2023	1 EUR = 2.529 TOP
10 November 2023	1 EUR = 2.520 TOP
12 November 2023	1 EUR = 2.524 TOP
13 November 2023	1 EUR = 2.531 TOP
14 November 2023	1 EUR = 2.533 TOP
15 November 2023	1 EUR = 2.558 TOP
16 November 2023	1 EUR = 2.567 TOP
17 November 2023	1 EUR = 2.575 TOP
19 November 2023	1 EUR = 2.590 TOP
20 November 2023	1 EUR = 2.594 TOP
21 November 2023	1 EUR = 2.600 TOP
22 November 2023	1 EUR = 2.606 TOP
23 November 2023	1 EUR = 2.600 TOP
24 November 2023	1 EUR = 2.564 TOP
26 November 2023	1 EUR = 2.571 TOP
27 November 2023	1 EUR = 2.567 TOP
28 November 2023	1 EUR = 2.559 TOP
29 November 2023	1 EUR = 2.571 TOP
30 November 2023	1 EUR = 2.564 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