Tongan paʻanga azerbaijani manat exchange rate history (TOP AZN) December 2023

Tongan paʻanga azerbaijani manat history for December 2023. The highest quote for this month is 0.73498 (29/12/2023) and the lowest 0.7384 (29/12/2023). The difference between high and low is -0.47.

TOP AZN average rate for December 2023 is 0.72477, the change between 01/12/2023 and 31/12/2023 is -1.17 %.

01 December 2023	1 TOP = 0.7299 AZN
04 December 2023	1 TOP = 0.7299 AZN
05 December 2023	1 TOP = 0.7272 AZN
06 December 2023	1 TOP = 0.7272 AZN
07 December 2023	1 TOP = 0.7196 AZN
08 December 2023	1 TOP = 0.7188 AZN
11 December 2023	1 TOP = 0.7171 AZN
12 December 2023	1 TOP = 0.7171 AZN
13 December 2023	1 TOP = 0.7202 AZN
14 December 2023	1 TOP = 0.7227 AZN
15 December 2023	1 TOP = 0.7249 AZN
18 December 2023	1 TOP = 0.7215 AZN
19 December 2023	1 TOP = 0.7299 AZN
20 December 2023	1 TOP = 0.7181 AZN
21 December 2023	1 TOP = 0.7307 AZN
22 December 2023	1 TOP = 0.7292 AZN
26 December 2023	1 TOP = 0.7335 AZN
27 December 2023	1 TOP = 0.7207 AZN
28 December 2023	1 TOP = 0.7190 AZN
29 December 2023	1 TOP = 0.7384 AZN

31/12/2020: Digital Currency Pilot

Azerbaijan launched a pilot program to test the use of a digital currency, the digital manat, in an effort to modernize its financial system.

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

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

20/12/2017: Second Devaluation

The manat faced another devaluation, this time by around 30%, due to economic challenges and a sharp drop in oil prices.

20/12/2015: Devaluation

The manat was devalued by more than 30% against the US dollar in response to falling oil prices.

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.

20/02/2005: Pegged to US Dollar

The Azerbaijani manat was pegged to the US dollar at a rate of 1.6 manat per dollar.

14/06/2001: Currency Reform

A currency reform was implemented, resulting in a new manat with a higher exchange rate.

31/12/1993: Hyperinflation

Azerbaijan experienced a period of hyperinflation, leading to the devaluation of the manat.

14/08/1992: Introduction of Manat

The Azerbaijani manat currency was introduced as the official currency of Azerbaijan, replacing the Soviet ruble.

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.

01/04/1967: Introduction of the Paʻanga

The Tongan paʻanga was introduced as the official currency, replacing the pound at a rate of 1 pound = 2 paʻanga.

Historic Tongan paʻanga Azerbaijani manat