Tongan paʻanga egyptian pound exchange rate history (TOP EGP) October 2023

Tongan paʻanga egyptian pound history for October 2023. The highest quote for this month is 13.102 (10/10/2023) and the lowest 13.142 (23/10/2023). The difference between high and low is -0.31.

TOP EGP average rate for October 2023 is 12.98064, the change between 01/10/2023 and 31/10/2023 is +2.23 %.

01 October 2023	1 TOP = 13.08 EGP
03 October 2023	1 TOP = 13.01 EGP
04 October 2023	1 TOP = 13.00 EGP
06 October 2023	1 TOP = 12.95 EGP
07 October 2023	1 TOP = 12.94 EGP
09 October 2023	1 TOP = 12.98 EGP
10 October 2023	1 TOP = 13.08 EGP
11 October 2023	1 TOP = 13.12 EGP
13 October 2023	1 TOP = 13.04 EGP
16 October 2023	1 TOP = 13.01 EGP
17 October 2023	1 TOP = 13.05 EGP
18 October 2023	1 TOP = 13.01 EGP
19 October 2023	1 TOP = 12.99 EGP
20 October 2023	1 TOP = 13.01 EGP
21 October 2023	1 TOP = 13.00 EGP
22 October 2023	1 TOP = 12.96 EGP
23 October 2023	1 TOP = 12.98 EGP
24 October 2023	1 TOP = 13.07 EGP
25 October 2023	1 TOP = 12.97 EGP
26 October 2023	1 TOP = 12.87 EGP
27 October 2023	1 TOP = 12.90 EGP
28 October 2023	1 TOP = 12.89 EGP
29 October 2023	1 TOP = 12.89 EGP
30 October 2023	1 TOP = 12.93 EGP
31 October 2023	1 TOP = 12.79 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.

Historic Tongan paʻanga Egyptian Pound