Historic Tongan paʻanga Egyptian Pound

Tongan paʻanga egyptian pound history for February 2024. The highest quote for this month is 13.314 (20/02/2024) and the lowest 13.308 (20/02/2024). The difference between high and low is 0.05.

TOP EGP average rate for February 2024 is 13.15119, the change between 01/02/2024 and 29/02/2024 is -0.52 %.

01 February 20241 TOP = 13.08 EGP
02 February 20241 TOP = 13.13 EGP
03 February 20241 TOP = 13.13 EGP
04 February 20241 TOP = 13.13 EGP
05 February 20241 TOP = 13.15 EGP
06 February 20241 TOP = 13.04 EGP
07 February 20241 TOP = 12.98 EGP
08 February 20241 TOP = 13.08 EGP
09 February 20241 TOP = 13.30 EGP
12 February 20241 TOP = 13.13 EGP
13 February 20241 TOP = 13.22 EGP
14 February 20241 TOP = 13.16 EGP
15 February 20241 TOP = 13.17 EGP
16 February 20241 TOP = 13.20 EGP
17 February 20241 TOP = 13.19 EGP
18 February 20241 TOP = 13.19 EGP
19 February 20241 TOP = 13.14 EGP
20 February 20241 TOP = 13.29 EGP
21 February 20241 TOP = 13.24 EGP
22 February 20241 TOP = 13.15 EGP
23 February 20241 TOP = 13.16 EGP
24 February 20241 TOP = 13.14 EGP
25 February 20241 TOP = 13.19 EGP
26 February 20241 TOP = 13.09 EGP
27 February 20241 TOP = 13.05 EGP
28 February 20241 TOP = 13.23 EGP
29 February 20241 TOP = 13.14 EGP

03/11/2020: Economic Impact of COVID-19

The COVID-19 pandemic caused economic disruptions globally, affecting the Egyptian Pound's exchange rate and foreign reserves.

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.

14/11/1999: Liberalization of Exchange Rate

The Egyptian government implemented a managed float exchange rate system, allowing the Pound to fluctuate based on market forces.

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.

12/08/1987: Introduction of New Egyptian Pound

A new Egyptian Pound banknote was introduced to combat counterfeiting and improve security features.

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.

14/09/1962: Devaluation of the Pound

The Egyptian government devalued the Pound by 55%, leading to a significant decrease in its value.

23/07/1952: Overthrow of the Monarchy

The Egyptian monarchy was overthrown, leading to political and economic changes that affected the value of the Egyptian Pound.

02/05/1885: Establishment of Central Bank of Egypt

The Central Bank of Egypt was established to regulate the currency and banking system in Egypt.

29/07/1834: Introduction of Egyptian Pound

The Egyptian Pound was introduced as the official currency of Egypt, replacing the piastre.
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