Historic Liberian dollar Tongan paʻanga

Liberian dollar tongan paʻanga history for February 2024. The highest quote for this month is 0.012581 (07/02/2024) and the lowest 0.012447 (06/02/2024). The difference between high and low is 1.07.

LRD TOP average rate for February 2024 is 0.0124, the change between 01/02/2024 and 29/02/2024 is +0.82 %.

01 February 20241 LRD = 0.0125 TOP
02 February 20241 LRD = 0.0124 TOP
03 February 20241 LRD = 0.0124 TOP
04 February 20241 LRD = 0.0124 TOP
05 February 20241 LRD = 0.0125 TOP
06 February 20241 LRD = 0.0125 TOP
07 February 20241 LRD = 0.0126 TOP
08 February 20241 LRD = 0.0125 TOP
09 February 20241 LRD = 0.0123 TOP
12 February 20241 LRD = 0.0124 TOP
13 February 20241 LRD = 0.0123 TOP
14 February 20241 LRD = 0.0124 TOP
15 February 20241 LRD = 0.0124 TOP
16 February 20241 LRD = 0.0123 TOP
17 February 20241 LRD = 0.0123 TOP
19 February 20241 LRD = 0.0123 TOP
20 February 20241 LRD = 0.0123 TOP
21 February 20241 LRD = 0.0123 TOP
22 February 20241 LRD = 0.0124 TOP
23 February 20241 LRD = 0.0124 TOP
24 February 20241 LRD = 0.0124 TOP
26 February 20241 LRD = 0.0124 TOP
27 February 20241 LRD = 0.0125 TOP
28 February 20241 LRD = 0.0123 TOP
29 February 20241 LRD = 0.0124 TOP

29/06/2020: Introduction of New Banknotes

Liberia introduces new banknotes with enhanced security features to combat counterfeiting and improve confidence in the currency.

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.

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.

14/10/2000: ECOWAS Intervention

ECOWAS forces intervene in Liberia, leading to improved stability and gradual recovery of the Liberian dollar.

19/07/1997: Liberian Dollar Depreciation

The Liberian dollar experiences a significant depreciation due to economic mismanagement and the aftermath of the civil war.

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.

26/01/1982: Liberian Civil War Begins

The Liberian civil war begins, leading to significant economic instability and devaluation of the Liberian dollar.

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.

23/03/1907: Liberian Dollar Pegged to US Dollar

The Liberian dollar is pegged to the U.S. dollar at a ratio of 2:1, maintaining a fixed exchange rate for many years.

10/07/1849: Introduction of Liberian Dollar

The Liberian dollar is introduced as the official currency of Liberia, replacing the use of foreign currencies in the country.

26/07/1847: Liberian Independence

Liberia declares independence from the American Colonization Society, establishing the first republic in Africa.
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