Historic Tongan paʻanga Barbadian dollar

Tongan paʻanga barbadian dollar history for October 2023. The highest quote for this month is 0.84789 (01/10/2023) and the lowest 0.84789 (01/10/2023). The difference between high and low is 0.

TOP BBD average rate for October 2023 is 0.83217, the change between 01/10/2023 and 31/10/2023 is +3.74 %.

01 October 20231 TOP = 0.8479 BBD
03 October 20231 TOP = 0.8312 BBD
04 October 20231 TOP = 0.8311 BBD
06 October 20231 TOP = 0.8274 BBD
07 October 20231 TOP = 0.8417 BBD
09 October 20231 TOP = 0.8291 BBD
10 October 20231 TOP = 0.8351 BBD
11 October 20231 TOP = 0.8386 BBD
13 October 20231 TOP = 0.8333 BBD
16 October 20231 TOP = 0.8325 BBD
17 October 20231 TOP = 0.8333 BBD
18 October 20231 TOP = 0.8295 BBD
19 October 20231 TOP = 0.8293 BBD
20 October 20231 TOP = 0.8307 BBD
21 October 20231 TOP = 0.8429 BBD
22 October 20231 TOP = 0.8401 BBD
23 October 20231 TOP = 0.8275 BBD
24 October 20231 TOP = 0.8347 BBD
25 October 20231 TOP = 0.8282 BBD
26 October 20231 TOP = 0.8222 BBD
27 October 20231 TOP = 0.8237 BBD
28 October 20231 TOP = 0.8355 BBD
29 October 20231 TOP = 0.8355 BBD
30 October 20231 TOP = 0.8274 BBD
31 October 20231 TOP = 0.8162 BBD

26/06/2020: Currency peg under review

Barbados announced that it would review the decades-long currency peg of 2:1 with the US dollar, considering a shift to a floating exchange rate.

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.

05/08/2013: Devaluation of currency

Barbados devalued its currency by 10% to stimulate economic growth and competitiveness.

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.

24/07/1995: New currency design

Barbados introduced a new design for its currency, featuring national symbols and landmarks.

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.

05/05/1975: Introduction of decimalization

Barbados introduced decimalization, dividing the Barbadian Dollar into 100 cents.

01/01/1973: Fixed exchange rate

Barbados fixed its currency exchange rate to the US dollar at a rate of 2 Barbadian Dollars to 1 US Dollar.

03/07/1972: Barbados gains independence

Barbados gained independence from British rule, leading to the establishment of the Central Bank of Barbados.

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.

01/10/1935: Introduction of Barbadian Dollar

The Barbadian Dollar was introduced as the official currency of Barbados, replacing the East Caribbean dollar.