Historic Tongan paʻanga Colombian Peso

Tongan paʻanga colombian peso history for February 2024. The highest quote for this month is 1689.03 (24/02/2024) and the lowest 1694.27 (09/02/2024). The difference between high and low is -0.31.

TOP COP average rate for February 2024 is 1670.81481, the change between 01/02/2024 and 29/02/2024 is -0.61 %.

01 February 20241 TOP = 1658.31 COP
02 February 20241 TOP = 1652.74 COP
03 February 20241 TOP = 1675.50 COP
04 February 20241 TOP = 1675.50 COP
05 February 20241 TOP = 1641.69 COP
06 February 20241 TOP = 1673.97 COP
07 February 20241 TOP = 1660.75 COP
08 February 20241 TOP = 1675.27 COP
09 February 20241 TOP = 1699.33 COP
12 February 20241 TOP = 1665.45 COP
13 February 20241 TOP = 1674.91 COP
14 February 20241 TOP = 1671.56 COP
15 February 20241 TOP = 1669.60 COP
16 February 20241 TOP = 1670.61 COP
17 February 20241 TOP = 1670.21 COP
18 February 20241 TOP = 1670.21 COP
19 February 20241 TOP = 1651.69 COP
20 February 20241 TOP = 1685.83 COP
21 February 20241 TOP = 1678.26 COP
22 February 20241 TOP = 1670.41 COP
23 February 20241 TOP = 1673.08 COP
24 February 20241 TOP = 1689.03 COP
25 February 20241 TOP = 1689.03 COP
26 February 20241 TOP = 1644.91 COP
27 February 20241 TOP = 1671.19 COP
28 February 20241 TOP = 1684.58 COP
29 February 20241 TOP = 1668.38 COP

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

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

02/12/2016: Peace Agreement Impact

After the signing of the peace agreement with FARC, the Colombian Peso strengthened and saw improvements in the economy.

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.

24/07/2001: Exchange rate flexibility

Colombia allowed the Colombian Peso to have a flexible exchange rate, transitioning from a fixed exchange rate system.

21/10/1999: Colombia's Financial Crisis

Colombia faced a financial crisis resulting in a devaluation of the Peso and an economic recession.

04/07/1991: Introduction of a New Peso

A new Peso was introduced with a higher value, replacing the old Peso due to high inflation.

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.

12/06/1953: Creation of Banco de la República

The central bank of Colombia, Banco de la República, was established to regulate and control the Colombian Peso.

31/07/1886: Adoption of the Gold Standard

Colombia adopted the gold standard, linking the value of the Peso to gold, stabilizing the currency.

27/05/1837: Introduction of the Peso

The Colombian Peso was introduced as the official currency of Colombia, replacing the Spanish real.
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