Historic Tongan paʻanga Azerbaijani manat

Tongan paʻanga azerbaijani manat history for February 2024. The highest quote for this month is 0.73157 (20/02/2024) and the lowest 0.73498 (20/02/2024). The difference between high and low is -0.47.

TOP AZN average rate for February 2024 is 0.72386, the change between 01/02/2024 and 29/02/2024 is -0.4 %.

01 February 20241 TOP = 0.7198 AZN
02 February 20241 TOP = 0.7231 AZN
05 February 20241 TOP = 0.7196 AZN
06 February 20241 TOP = 0.7179 AZN
07 February 20241 TOP = 0.7145 AZN
08 February 20241 TOP = 0.7202 AZN
09 February 20241 TOP = 0.7321 AZN
12 February 20241 TOP = 0.7272 AZN
13 February 20241 TOP = 0.7277 AZN
14 February 20241 TOP = 0.7241 AZN
15 February 20241 TOP = 0.7251 AZN
16 February 20241 TOP = 0.7266 AZN
19 February 20241 TOP = 0.7266 AZN
20 February 20241 TOP = 0.7316 AZN
21 February 20241 TOP = 0.7282 AZN
22 February 20241 TOP = 0.7236 AZN
23 February 20241 TOP = 0.7241 AZN
26 February 20241 TOP = 0.7207 AZN
27 February 20241 TOP = 0.7173 AZN
28 February 20241 TOP = 0.7285 AZN
29 February 20241 TOP = 0.7227 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.
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