Taiwan dollar tongan paʻanga exchange rate history (TWD TOP) December 2023

Taiwan dollar tongan paʻanga history for December 2023. The highest quote for this month is 0.076592 (28/12/2023) and the lowest 0.07797 (21/12/2023). The difference between high and low is -1.8.

TWD TOP average rate for December 2023 is 0.07495, the change between 01/12/2023 and 31/12/2023 is -1.02 %.

01 December 2023	1 TWD = 0.0742 TOP
02 December 2023	1 TWD = 0.0744 TOP
03 December 2023	1 TWD = 0.0744 TOP
04 December 2023	1 TWD = 0.0747 TOP
05 December 2023	1 TWD = 0.0744 TOP
06 December 2023	1 TWD = 0.0742 TOP
07 December 2023	1 TWD = 0.0750 TOP
08 December 2023	1 TWD = 0.0752 TOP
10 December 2023	1 TWD = 0.0745 TOP
11 December 2023	1 TWD = 0.0755 TOP
12 December 2023	1 TWD = 0.0757 TOP
13 December 2023	1 TWD = 0.0750 TOP
14 December 2023	1 TWD = 0.0755 TOP
15 December 2023	1 TWD = 0.0752 TOP
16 December 2023	1 TWD = 0.0748 TOP
17 December 2023	1 TWD = 0.0748 TOP
18 December 2023	1 TWD = 0.0751 TOP
19 December 2023	1 TWD = 0.0742 TOP
20 December 2023	1 TWD = 0.0757 TOP
21 December 2023	1 TWD = 0.0743 TOP
22 December 2023	1 TWD = 0.0747 TOP
23 December 2023	1 TWD = 0.0751 TOP
24 December 2023	1 TWD = 0.0751 TOP
26 December 2023	1 TWD = 0.0745 TOP
27 December 2023	1 TWD = 0.0762 TOP
28 December 2023	1 TWD = 0.0766 TOP
29 December 2023	1 TWD = 0.0750 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.

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.

01/01/2005: New Taiwan dollar banknotes issued

New designs for Taiwan dollar banknotes are issued, featuring innovative security features and updated aesthetics to combat counterfeiting and improve the currency's image.

30/04/1991: Foreign Exchange Control Act revised

Taiwan relaxes its foreign exchange controls, allowing more flexibility in the trading of the Taiwan dollar and promoting financial globalization.

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.

15/07/1987: Lifting of martial law

The martial law, which had been in place in Taiwan since 1949, is lifted, marking a significant milestone towards the democratization and liberalization of the country.

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.

16/12/1971: Taiwan's expulsion from the UN

The United Nations General Assembly recognizes the People's Republic of China as the legitimate representative of China, leading to Taiwan's expulsion from the UN and international isolation.

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.

03/03/1952: TWD pegged to the US Dollar

The Taiwan dollar is pegged to the US Dollar at a fixed exchange rate of 32 TWD to 1 USD, stabilizing its value and promoting economic growth.

10/12/1949: Chinese Civil War ends

The Chinese Communist Party establishes the People's Republic of China on the mainland, leading to the Nationalist government's retreat to Taiwan, taking the Taiwan dollar with them.

25/10/1945: Taiwan is restored to the Republic of China

After the end of World War II, Taiwan is returned to the Republic of China from Japan, and the Taiwan dollar becomes the official currency.

Historic Taiwan dollar Tongan paʻanga