Historic Rwandan franc Tongan paʻanga

Rwandan franc tongan paʻanga history for February 2024. The highest quote for this month is 0.001882 (28/02/2024) and the lowest 0.001872 (02/02/2024). The difference between high and low is 0.53.

RWF TOP average rate for February 2024 is 0.00186, the change between 01/02/2024 and 29/02/2024 is +0.21 %.

01 February 20241 RWF = 0.0019 TOP
02 February 20241 RWF = 0.0019 TOP
03 February 20241 RWF = 0.0019 TOP
04 February 20241 RWF = 0.0019 TOP
05 February 20241 RWF = 0.0019 TOP
06 February 20241 RWF = 0.0019 TOP
07 February 20241 RWF = 0.0019 TOP
08 February 20241 RWF = 0.0019 TOP
09 February 20241 RWF = 0.0018 TOP
12 February 20241 RWF = 0.0019 TOP
13 February 20241 RWF = 0.0018 TOP
14 February 20241 RWF = 0.0019 TOP
15 February 20241 RWF = 0.0019 TOP
16 February 20241 RWF = 0.0019 TOP
17 February 20241 RWF = 0.0018 TOP
18 February 20241 RWF = 0.0018 TOP
19 February 20241 RWF = 0.0019 TOP
20 February 20241 RWF = 0.0018 TOP
21 February 20241 RWF = 0.0019 TOP
22 February 20241 RWF = 0.0019 TOP
23 February 20241 RWF = 0.0019 TOP
24 February 20241 RWF = 0.0019 TOP
25 February 20241 RWF = 0.0019 TOP
26 February 20241 RWF = 0.0019 TOP
27 February 20241 RWF = 0.0019 TOP
28 February 20241 RWF = 0.0018 TOP
29 February 20241 RWF = 0.0019 TOP

24/06/2020: Rwandan Franc Devaluation

The central bank of Rwanda announced a gradual devaluation of the Rwandan franc to enhance export competitiveness and stimulate economic growth.

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.

03/12/2008: New Currency Series

A new series of Rwandan franc banknotes was introduced, featuring updated security features and designs.

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.

01/01/2004: East African Community

Rwanda joined the East African Community, leading to increased economic integration and cooperation within the region.

03/12/1998: Currency Redenomination

The Rwandan franc underwent a redenomination, with 100 old francs being replaced by 1 new franc.

07/04/1995: Rwandan Genocide

The Rwandan Genocide began, causing economic instability and inflation for the Rwandan franc.

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.

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.

01/12/1973: Currency Reform

A currency reform was implemented, introducing a new series of Rwandan franc banknotes.

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.

25/06/1964: Introduction of the Rwandan Franc

The Rwandan franc was introduced as the official currency of Rwanda, replacing the East African shilling.
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