Ghana Cedi tongan paʻanga exchange rate history (GHS TOP) October 2023

Ghana Cedi tongan paʻanga history for October 2023. The highest quote for this month is 0.20479 (03/10/2023) and the lowest 0.20497 (04/10/2023). The difference between high and low is -0.09.

GHS TOP average rate for October 2023 is 0.20253, the change between 01/10/2023 and 31/10/2023 is +0.25 %.

01 October 2023	1 GHS = 0.2042 TOP
03 October 2023	1 GHS = 0.2053 TOP
04 October 2023	1 GHS = 0.2050 TOP
06 October 2023	1 GHS = 0.2040 TOP
07 October 2023	1 GHS = 0.2040 TOP
09 October 2023	1 GHS = 0.2027 TOP
10 October 2023	1 GHS = 0.2013 TOP
11 October 2023	1 GHS = 0.2002 TOP
13 October 2023	1 GHS = 0.2019 TOP
16 October 2023	1 GHS = 0.2019 TOP
17 October 2023	1 GHS = 0.2016 TOP
18 October 2023	1 GHS = 0.2024 TOP
19 October 2023	1 GHS = 0.2024 TOP
20 October 2023	1 GHS = 0.2019 TOP
21 October 2023	1 GHS = 0.2020 TOP
22 October 2023	1 GHS = 0.2027 TOP
23 October 2023	1 GHS = 0.2029 TOP
24 October 2023	1 GHS = 0.2003 TOP
25 October 2023	1 GHS = 0.2018 TOP
26 October 2023	1 GHS = 0.2031 TOP
27 October 2023	1 GHS = 0.2027 TOP
29 October 2023	1 GHS = 0.2020 TOP
30 October 2023	1 GHS = 0.2007 TOP
31 October 2023	1 GHS = 0.2037 TOP

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

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

16/09/2019: Ghana Goes Cashless

The government launched the Ghana.Gov payment platform, aimed at promoting electronic payments and reducing cash transactions.

29/07/2014: Second Devaluation of the Paʻanga

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

05/07/2012: GHS Symbol Change

The Bank of Ghana introduced a new currency symbol for the cedi, changing it from GHȼ to GHS.

14/03/2008: Currency Redenomination

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

03/07/2007: Decimals Dropped

The Bank of Ghana dropped four decimal places, making 1 new Ghanaian cedi = 1 GHȼ.

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.

01/07/2002: Replacement of New Cedi

The new Ghanaian cedi, denoted as GHC, replaced the second cedi at a rate of 1 cedi = 10,000 cedis.

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.

17/07/1978: Second Cedi Introduced

Due to high inflation, the second Ghanaian cedi was introduced with a new currency code, GHS.

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.

19/07/1965: Cedi Introduced

The Ghanaian pound was replaced by the Ghanaian cedi at a rate of 1 pound = 2.4 cedis, symbolizing economic independence.

06/03/1957: Ghana's Independence

Ghana gained independence from British colonial rule, leading to the introduction of the Ghanaian pound as its currency.

Historic Ghana Cedi Tongan paʻanga