Historic Iranian Rial Tongan paʻanga

Iranian Rial tongan paʻanga history for January 2024. The highest quote for this month is 0.29093 (03/01/2024) and the lowest 0.28778 (03/01/2024). The difference between high and low is 1.08.

IRR TOP average rate for January 2024 is 0.00006, the change between 01/01/2024 and 31/01/2024 is -1.82 %.

01 January 20241 IRR = 0.0001 TOP
02 January 20241 IRR = 0.0001 TOP
03 January 20241 IRR = 0.0001 TOP
04 January 20241 IRR = 0.0001 TOP
05 January 20241 IRR = 0.0001 TOP
06 January 20241 IRR = 0.0001 TOP
07 January 20241 IRR = 0.0001 TOP
08 January 20241 IRR = 0.0001 TOP
09 January 20241 IRR = 0.0001 TOP
10 January 20241 IRR = 0.0001 TOP
11 January 20241 IRR = 0.0001 TOP
12 January 20241 IRR = 0.0001 TOP
14 January 20241 IRR = 0.0001 TOP
15 January 20241 IRR = 0.0001 TOP
16 January 20241 IRR = 0.0001 TOP
17 January 20241 IRR = 0.0001 TOP
18 January 20241 IRR = 0.0001 TOP
19 January 20241 IRR = 0.0001 TOP
22 January 20241 IRR = 0.0001 TOP
23 January 20241 IRR = 0.0001 TOP
24 January 20241 IRR = 0.0001 TOP
25 January 20241 IRR = 0.0001 TOP
26 January 20241 IRR = 0.0001 TOP
28 January 20241 IRR = 0.0001 TOP
29 January 20241 IRR = 0.0001 TOP
30 January 20241 IRR = 0.0001 TOP
31 January 20241 IRR = 0.0001 TOP

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

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

23/02/2020: COVID-19 Pandemic's Impact on the Iranian Rial

The COVID-19 pandemic, along with economic challenges, caused further depreciation of the Iranian Rial (IRR) against major currencies.

10/04/2018: Revaluation of the Iranian Rial

Iran's government announced a new currency exchange rate, devaluing the Iranian Rial (IRR) against foreign currencies.

29/07/2014: Second Devaluation of the Paʻanga

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

24/09/2012: Imposition of International Sanctions on Iran

International sanctions were imposed on Iran, leading to a significant decline in the value of the Iranian Rial (IRR).

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.

01/04/1991: First Devaluation of the Paʻanga

The paʻanga was devalued by 25% in an attempt to boost Tonga's economy and improve trade competitiveness.

24/05/1989: Introduction of the Two-Tier Exchange Rate System

Iran implemented a two-tier exchange rate system, with different rates for essential goods and non-essential imports.

26/10/1975: Floating of the Iranian Rial

The Iranian Rial (IRR) was allowed to float against foreign currencies, marking the end of the fixed exchange rate system.

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.

01/09/1957: Decimalization of the Iranian Rial

The Iranian Rial (IRR) was decimalized, dividing one Toman into 10 Rials to simplify the currency system.

01/04/1932: Introduction of the Iranian Rial

The Iranian Rial (IRR) was introduced as the official currency of Iran after replacing the Qiran.