Historic Tongan paʻanga Guinean franc

Tongan paʻanga guinean franc history for February 2024. The highest quote for this month is 3668.13 (20/02/2024) and the lowest 3681.65 (20/02/2024). The difference between high and low is -0.37.

TOP GNF average rate for February 2024 is 3627.85852, the change between 01/02/2024 and 29/02/2024 is -0.29 %.

01 February 20241 TOP = 3608.64 GNF
02 February 20241 TOP = 3627.04 GNF
03 February 20241 TOP = 3615.98 GNF
04 February 20241 TOP = 3615.98 GNF
05 February 20241 TOP = 3638.47 GNF
06 February 20241 TOP = 3600.04 GNF
07 February 20241 TOP = 3584.19 GNF
08 February 20241 TOP = 3610.32 GNF
09 February 20241 TOP = 3665.73 GNF
12 February 20241 TOP = 3639.90 GNF
13 February 20241 TOP = 3643.60 GNF
14 February 20241 TOP = 3627.88 GNF
15 February 20241 TOP = 3635.12 GNF
16 February 20241 TOP = 3644.88 GNF
17 February 20241 TOP = 3636.75 GNF
18 February 20241 TOP = 3636.75 GNF
19 February 20241 TOP = 3639.39 GNF
20 February 20241 TOP = 3663.64 GNF
21 February 20241 TOP = 3652.68 GNF
22 February 20241 TOP = 3631.64 GNF
23 February 20241 TOP = 3632.14 GNF
24 February 20241 TOP = 3619.36 GNF
25 February 20241 TOP = 3619.36 GNF
26 February 20241 TOP = 3606.39 GNF
27 February 20241 TOP = 3589.52 GNF
28 February 20241 TOP = 3647.82 GNF
29 February 20241 TOP = 3618.97 GNF

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

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

30/06/2015: Demonetization of old Guinean franc banknotes

The old series of Guinean franc banknotes, denominated in 'Syli,' ceased to be legal tender, and only the new franc banknotes remained in circulation.

29/07/2014: Second Devaluation of the Paʻanga

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

26/09/2012: Introduction of new Guinean franc coins

New coins denominated in the Guinean franc were introduced, replacing the previously used Guinean syli coins.

30/06/2010: Revaluation of the Guinean franc

The Guinean franc underwent a revaluation, with 1 new franc being equivalent to 10,000 old francs.

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.

30/06/1997: Introduction of new Guinean franc

A new series of Guinean franc banknotes, denominated in 'Syli,' was introduced as a replacement for the previous currency.

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.

30/11/1985: Devaluation of the Guinean franc

The Guinean franc was devalued by 50%, leading to an economic crisis and high inflation.

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.

31/05/1971: Redenomination of the Guinean franc

The Guinean franc underwent a redenomination, with 1 new franc being equivalent to 10 old francs.

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.

01/10/1959: Introduction of Guinean franc

The Guinean franc was introduced as the official currency of Guinea following its independence from France.
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