Historic Hungarian forint Tongan paʻanga

Hungarian forint tongan paʻanga history for January 2024. The highest quote for this month is 0.006789 (11/01/2024) and the lowest 0.006762 (11/01/2024). The difference between high and low is 0.4.

HUF TOP average rate for January 2024 is 0.00668, the change between 01/01/2024 and 31/01/2024 is +0.77 %.

01 January 20241 HUF = 0.0066 TOP
02 January 20241 HUF = 0.0066 TOP
03 January 20241 HUF = 0.0066 TOP
04 January 20241 HUF = 0.0067 TOP
05 January 20241 HUF = 0.0067 TOP
06 January 20241 HUF = 0.0067 TOP
07 January 20241 HUF = 0.0067 TOP
08 January 20241 HUF = 0.0067 TOP
09 January 20241 HUF = 0.0068 TOP
10 January 20241 HUF = 0.0068 TOP
11 January 20241 HUF = 0.0068 TOP
12 January 20241 HUF = 0.0067 TOP
14 January 20241 HUF = 0.0067 TOP
15 January 20241 HUF = 0.0067 TOP
16 January 20241 HUF = 0.0067 TOP
17 January 20241 HUF = 0.0067 TOP
18 January 20241 HUF = 0.0067 TOP
19 January 20241 HUF = 0.0067 TOP
22 January 20241 HUF = 0.0067 TOP
23 January 20241 HUF = 0.0066 TOP
24 January 20241 HUF = 0.0066 TOP
25 January 20241 HUF = 0.0066 TOP
26 January 20241 HUF = 0.0066 TOP
28 January 20241 HUF = 0.0066 TOP
29 January 20241 HUF = 0.0066 TOP
30 January 20241 HUF = 0.0066 TOP
31 January 20241 HUF = 0.0066 TOP

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

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

29/07/2014: Second Devaluation of the Paʻanga

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

09/03/2012: Introduction of New Banknotes

Hungary introduced new banknotes with enhanced security features, aiming to combat counterfeiting and improve the forint's credibility.

23/10/2008: Global Financial Crisis

The global financial crisis had a significant impact on the Hungarian forint, resulting in a significant depreciation against major foreign currencies.

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: Accession to the European Union

Hungary joined the European Union, bringing the forint closer to the eurozone and influencing its future trajectory as an EU currency.

28/02/2001: Currency Exchange Rate Stability

The Hungarian government adopted a policy of maintaining a stable exchange rate for the forint against the euro, contributing to the currency's stability.

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.

16/06/1989: Transition to a Market Economy

Hungary implemented economic reforms, including the transition from a planned economy to a market economy, with significant impacts on the forint's value and exchange rate.

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.

20/08/1949: Forint becomes a planned economy currency

Hungary's currency, including the forint, became part of the planned socialist economy under the control of the Hungarian Workers' Party.

03/08/1946: Introduction of the Forint

The forint was introduced as the official currency of Hungary, replacing the previous pengő, which had been severely devalued during World War II.
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