Historic Tongan paʻanga Ghana Cedi

Tongan paʻanga ghana cedi history for January 2024. The highest quote for this month is 5.2737 (29/01/2024) and the lowest 5.2621 (29/01/2024). The difference between high and low is 0.22.

TOP GHS average rate for January 2024 is 5.14233, the change between 01/01/2024 and 31/01/2024 is -0.77 %.

01 January 20241 TOP = 5.20 GHS
02 January 20241 TOP = 5.20 GHS
03 January 20241 TOP = 5.15 GHS
04 January 20241 TOP = 5.14 GHS
05 January 20241 TOP = 5.13 GHS
06 January 20241 TOP = 5.12 GHS
07 January 20241 TOP = 5.11 GHS
08 January 20241 TOP = 5.12 GHS
09 January 20241 TOP = 5.08 GHS
10 January 20241 TOP = 5.06 GHS
11 January 20241 TOP = 5.05 GHS
12 January 20241 TOP = 5.14 GHS
14 January 20241 TOP = 5.13 GHS
15 January 20241 TOP = 5.12 GHS
16 January 20241 TOP = 5.15 GHS
17 January 20241 TOP = 5.14 GHS
18 January 20241 TOP = 5.07 GHS
19 January 20241 TOP = 5.08 GHS
22 January 20241 TOP = 5.17 GHS
23 January 20241 TOP = 5.13 GHS
24 January 20241 TOP = 5.12 GHS
25 January 20241 TOP = 5.17 GHS
26 January 20241 TOP = 5.15 GHS
28 January 20241 TOP = 5.20 GHS
29 January 20241 TOP = 5.26 GHS
30 January 20241 TOP = 5.21 GHS
31 January 20241 TOP = 5.24 GHS

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

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

16/09/2019: Ghana Goes Cashless

The government launched the Ghana.Gov payment platform, aimed at promoting electronic payments and reducing cash transactions.

29/07/2014: Second Devaluation of the Paʻanga

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

05/07/2012: GHS Symbol Change

The Bank of Ghana introduced a new currency symbol for the cedi, changing it from GHȼ to GHS.

14/03/2008: Currency Redenomination

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

03/07/2007: Decimals Dropped

The Bank of Ghana dropped four decimal places, making 1 new Ghanaian cedi = 1 GHȼ.

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.

01/07/2002: Replacement of New Cedi

The new Ghanaian cedi, denoted as GHC, replaced the second cedi at a rate of 1 cedi = 10,000 cedis.

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.

17/07/1978: Second Cedi Introduced

Due to high inflation, the second Ghanaian cedi was introduced with a new currency code, GHS.

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.

19/07/1965: Cedi Introduced

The Ghanaian pound was replaced by the Ghanaian cedi at a rate of 1 pound = 2.4 cedis, symbolizing economic independence.

06/03/1957: Ghana's Independence

Ghana gained independence from British colonial rule, leading to the introduction of the Ghanaian pound as its currency.
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