Historic Tongan paʻanga Chilean Peso

Tongan paʻanga chilean peso history for December 2023. The highest quote for this month is 383.3 (26/12/2023) and the lowest 381.35 (28/12/2023). The difference between high and low is 0.51.

TOP CLP average rate for December 2023 is 372.01615, the change between 01/12/2023 and 31/12/2023 is -2.85 %.

01 December 20231 TOP = 373.7 CLP
02 December 20231 TOP = 366.2 CLP
03 December 20231 TOP = 366.2 CLP
04 December 20231 TOP = 367.5 CLP
05 December 20231 TOP = 371.2 CLP
06 December 20231 TOP = 375.9 CLP
07 December 20231 TOP = 368.6 CLP
08 December 20231 TOP = 368.9 CLP
10 December 20231 TOP = 370.2 CLP
11 December 20231 TOP = 362.9 CLP
12 December 20231 TOP = 372.3 CLP
13 December 20231 TOP = 371.6 CLP
14 December 20231 TOP = 372.0 CLP
15 December 20231 TOP = 369.0 CLP
16 December 20231 TOP = 369.6 CLP
17 December 20231 TOP = 369.6 CLP
18 December 20231 TOP = 364.1 CLP
19 December 20231 TOP = 375.2 CLP
20 December 20231 TOP = 364.4 CLP
21 December 20231 TOP = 374.1 CLP
22 December 20231 TOP = 377.0 CLP
24 December 20231 TOP = 380.9 CLP
26 December 20231 TOP = 385.1 CLP
27 December 20231 TOP = 378.3 CLP
28 December 20231 TOP = 373.8 CLP
29 December 20231 TOP = 384.4 CLP

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.

01/04/1991: First Devaluation of the Paʻanga

The paʻanga was devalued by 25% in an attempt to boost Tonga's economy and improve trade competitiveness.

29/09/1977: Decimals Introduced

Chile replaced the escudo with the decimal centavo as the subunit of the peso, simplifying its monetary system.

29/09/1975: Floating Exchange Rate

Chile moved from a fixed to a floating exchange rate system, allowing the peso to be determined by market forces.

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.

02/01/1958: Introduction of Escudo as Subunit

The subunit of 1/100 peso, called the escudo, was introduced to facilitate smaller transactions in Chile.

31/12/1925: Creation of the Central Bank of Chile

The Central Bank of Chile was established, gaining authority over the country's currency issuance and monetary policy.

25/06/1895: Gold Standard Adoption

Chile adopted the gold standard, tying the value of the Chilean Peso to the price of gold and stabilizing its currency.

15/06/1851: First Peso Coinage

The first official peso coins were introduced by the Chilean government, replacing the Spanish colonial currency.

12/02/1817: Chilean Independence

Chile gained independence from Spain, leading to the establishment of the Chilean Peso as its official currency.
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