Historic Mauritian Rupee Tongan paʻanga

Mauritian Rupee tongan paʻanga history for January 2024. The highest quote for this month is 0.054528 (23/01/2024) and the lowest 0.054694 (19/01/2024). The difference between high and low is -0.3.

MUR TOP average rate for January 2024 is 0.0534, the change between 01/01/2024 and 31/01/2024 is -1.84 %.

01 January 20241 MUR = 0.0531 TOP
02 January 20241 MUR = 0.0532 TOP
03 January 20241 MUR = 0.0537 TOP
04 January 20241 MUR = 0.0541 TOP
05 January 20241 MUR = 0.0530 TOP
06 January 20241 MUR = 0.0524 TOP
07 January 20241 MUR = 0.0523 TOP
08 January 20241 MUR = 0.0534 TOP
09 January 20241 MUR = 0.0537 TOP
10 January 20241 MUR = 0.0532 TOP
11 January 20241 MUR = 0.0546 TOP
12 January 20241 MUR = 0.0523 TOP
14 January 20241 MUR = 0.0527 TOP
15 January 20241 MUR = 0.0538 TOP
16 January 20241 MUR = 0.0523 TOP
17 January 20241 MUR = 0.0529 TOP
18 January 20241 MUR = 0.0542 TOP
19 January 20241 MUR = 0.0548 TOP
22 January 20241 MUR = 0.0543 TOP
23 January 20241 MUR = 0.0544 TOP
24 January 20241 MUR = 0.0544 TOP
25 January 20241 MUR = 0.0538 TOP
26 January 20241 MUR = 0.0540 TOP
28 January 20241 MUR = 0.0516 TOP
29 January 20241 MUR = 0.0528 TOP
30 January 20241 MUR = 0.0526 TOP
31 January 20241 MUR = 0.0541 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.

15/02/2013: Launch of New MUR Banknotes

New series of Mauritian Rupee banknotes were launched, featuring enhanced security features and updated designs, reflecting the rich cultural heritage of Mauritius.

14/03/2008: Currency Redenomination

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

08/09/2007: Currency Reform and New Coinage System

A currency reform was implemented, introducing new coins denominated in cents, with the aim of streamlining and modernizing the monetary system.

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.

03/08/1999: Establishment of Bank of Mauritius

Bank of Mauritius Act was enacted, establishing the central bank responsible for the formulation and implementation of monetary policy in the country.

01/07/1994: Conversion to Decimal Currency System

Mauritian Rupee adopted the decimal currency system, replacing the previous pound-based system, with 1 Rupee consisting of 100 cents.

01/07/1992: Introduction of Polymer Banknotes

Polymer-based banknotes were introduced in Mauritius, replacing the traditional paper notes, to improve durability and security against counterfeiting.

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.

01/10/1979: Decentralization of Currency Printing

Printing of Mauritian Rupee banknotes was decentralized from the Bank of England to Mauritius, leading to enhanced national monetary control.

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.

12/06/1967: Introduction of Mauritian Rupee

Mauritian Rupee was introduced as the official currency replacing the Mauritian Pound, with an initial exchange rate of 1 Rupee to 10 Shillings.

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.
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