Historic Tongan paʻanga Czech koruna

Tongan paʻanga czech koruna history for December 2023. The highest quote for this month is 9.676 (29/12/2023) and the lowest 9.675 (29/12/2023). The difference between high and low is 0.01.

TOP CZK average rate for December 2023 is 9.5583, the change between 01/12/2023 and 31/12/2023 is -1.15 %.

01 December 20231 TOP = 9.58 CZK
02 December 20231 TOP = 9.57 CZK
03 December 20231 TOP = 9.56 CZK
04 December 20231 TOP = 9.57 CZK
05 December 20231 TOP = 9.63 CZK
06 December 20231 TOP = 9.64 CZK
07 December 20231 TOP = 9.55 CZK
08 December 20231 TOP = 9.51 CZK
10 December 20231 TOP = 9.63 CZK
11 December 20231 TOP = 9.53 CZK
12 December 20231 TOP = 9.56 CZK
13 December 20231 TOP = 9.61 CZK
14 December 20231 TOP = 9.54 CZK
15 December 20231 TOP = 9.46 CZK
16 December 20231 TOP = 9.57 CZK
17 December 20231 TOP = 9.57 CZK
18 December 20231 TOP = 9.53 CZK
19 December 20231 TOP = 9.63 CZK
20 December 20231 TOP = 9.43 CZK
21 December 20231 TOP = 9.61 CZK
22 December 20231 TOP = 9.57 CZK
23 December 20231 TOP = 9.56 CZK
24 December 20231 TOP = 9.57 CZK
26 December 20231 TOP = 9.60 CZK
27 December 20231 TOP = 9.41 CZK
28 December 20231 TOP = 9.40 CZK
29 December 20231 TOP = 9.69 CZK

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

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

05/04/2016: End of currency intervention

The Czech National Bank ended its currency intervention policy, allowing the koruna to float freely and be determined by market forces.

29/07/2014: Second Devaluation of the Paʻanga

Another devaluation occurred, this time by 20%, as part of Tonga's economic reform program.

06/11/2013: Currency intervention

The Czech National Bank implemented a currency intervention policy to weaken the koruna and stimulate the country's economy.

09/10/2008: Global financial crisis impact

The koruna experienced significant depreciation during the global financial crisis, reflecting the economic challenges faced by the Czech Republic.

14/03/2008: Currency Redenomination

Tonga redenominated its currency, removing three zeros from the paʻanga to simplify monetary transactions.

30/04/2007: EU membership benefits

The Czech Republic became a member of the European Union's economic and monetary union, allowing for greater stability and cooperation for the koruna.

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.

30/04/2004: EU Accession

The Czech Republic joined the European Union, paving the way for further integration of the koruna with European monetary policies.

30/06/1993: Currency conversion

The Czech Republic adopted a new currency regime, shifting from a fixed exchange rate to a floating exchange rate for the koruna.

07/02/1993: Establishment of Czech koruna

The Czech koruna was introduced as the official currency of the Czech Republic following the dissolution of Czechoslovakia.

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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