Historic Lebanese pound Tongan paʻanga

Lebanese pound tongan paʻanga history for November 2023. The highest quote for this month is 0.000161 (01/11/2023) and the lowest 0.000159 (01/11/2023). The difference between high and low is 1.24.

LBP TOP average rate for November 2023 is 0.00016, the change between 01/11/2023 and 30/11/2023 is +2.52 %.

01 November 20231 LBP = 0.0002 TOP
06 November 20231 LBP = 0.0002 TOP
07 November 20231 LBP = 0.0001 TOP
08 November 20231 LBP = 0.0002 TOP
09 November 20231 LBP = 0.0002 TOP
10 November 20231 LBP = 0.0002 TOP
12 November 20231 LBP = 0.0002 TOP
13 November 20231 LBP = 0.0002 TOP
14 November 20231 LBP = 0.0002 TOP
15 November 20231 LBP = 0.0002 TOP
16 November 20231 LBP = 0.0002 TOP
17 November 20231 LBP = 0.0002 TOP
18 November 20231 LBP = 0.0002 TOP
19 November 20231 LBP = 0.0002 TOP
20 November 20231 LBP = 0.0002 TOP
21 November 20231 LBP = 0.0002 TOP
22 November 20231 LBP = 0.0002 TOP
23 November 20231 LBP = 0.0002 TOP
24 November 20231 LBP = 0.0002 TOP
26 November 20231 LBP = 0.0002 TOP
27 November 20231 LBP = 0.0002 TOP
28 November 20231 LBP = 0.0002 TOP
29 November 20231 LBP = 0.0002 TOP
30 November 20231 LBP = 0.0002 TOP

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

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

17/10/2019: Protests against economic crisis

Mass protests erupted in Lebanon due to economic crisis, leading to further depreciation of the Lebanese pound.

29/07/2014: Second Devaluation of the Paʻanga

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

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.

03/11/1997: Revaluation of the Lebanese pound

The Lebanese pound was revalued at a rate of 1,500 LBP = 1 USD, ending the fixed exchange rate with the US dollar.

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.

01/01/1986: Introduction of the parallel exchange market

The parallel exchange market was introduced in Lebanon, leading to a diverging exchange rate between the official and unofficial markets.

01/01/1976: Lebanese Civil War

The Lebanese Civil War began, causing significant economic instability and devaluation of the Lebanese pound.

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.

01/01/1961: Pegged to the US dollar

The Lebanese pound was pegged to the US dollar at an exchange rate of 1 LBP = 1.5 USD.

27/11/1941: Devaluation of the Lebanese pound

The Lebanese pound was devalued by 41.9% following the breakup of the French franc.

01/10/1920: Lebanese pound introduced

The Lebanese pound was introduced at a fixed exchange rate of 1 pound = 20 French francs during the French mandate period.