Historic Tongan paʻanga Kazakhstani tenge

Tongan paʻanga kazakhstani tenge history for December 2023. The highest quote for this month is 198.04 (23/12/2023) and the lowest 198.01 (02/12/2023). The difference between high and low is 0.02.

TOP KZT average rate for December 2023 is 195.09185, the change between 01/12/2023 and 31/12/2023 is -0.44 %.

01 December 20231 TOP = 196.2 KZT
02 December 20231 TOP = 198.0 KZT
03 December 20231 TOP = 198.0 KZT
04 December 20231 TOP = 197.2 KZT
05 December 20231 TOP = 196.7 KZT
06 December 20231 TOP = 196.1 KZT
07 December 20231 TOP = 194.3 KZT
08 December 20231 TOP = 193.1 KZT
10 December 20231 TOP = 195.7 KZT
11 December 20231 TOP = 192.7 KZT
12 December 20231 TOP = 192.6 KZT
13 December 20231 TOP = 192.5 KZT
14 December 20231 TOP = 193.9 KZT
15 December 20231 TOP = 193.6 KZT
16 December 20231 TOP = 195.5 KZT
17 December 20231 TOP = 195.5 KZT
18 December 20231 TOP = 194.7 KZT
19 December 20231 TOP = 195.9 KZT
20 December 20231 TOP = 192.1 KZT
21 December 20231 TOP = 195.0 KZT
22 December 20231 TOP = 196.3 KZT
23 December 20231 TOP = 196.1 KZT
24 December 20231 TOP = 196.1 KZT
26 December 20231 TOP = 197.1 KZT
27 December 20231 TOP = 193.8 KZT
28 December 20231 TOP = 191.8 KZT
29 December 20231 TOP = 197.0 KZT

13/12/2021: Introduction of New Banknotes and Coins

New banknotes and coins were introduced, featuring updated designs, improved security features, and denominations. This aims to enhance the efficiency of cash transactions.

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

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

03/04/2017: Transition to Free Float

After gradually reducing interventions, Kazakhstan fully transitioned to a free float exchange rate for the tenge, allowing the market to determine its value.

20/08/2015: Tenge Devaluation

Kazakhstan devalued the tenge by around 30% due to falling oil prices and economic instability. This move aimed to boost exports and protect the economy.

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.

19/04/2004: Introduction of New Banknotes

New banknotes with enhanced security features and updated designs were introduced to combat counterfeiting and modernize the currency.

04/10/1999: Floating Exchange Rate

Kazakhstan switched to a floating exchange rate regime, allowing the tenge to fluctuate freely based on market supply and demand.

15/02/1994: Denomination of Tenge

The tenge underwent a 10,000-fold denomination, where 1 new tenge was equal to 10,000 old tenge. This was done to simplify currency handling and eliminate excessive zeros.

15/11/1993: Introduction of Kazakhstani Tenge

The Kazakhstani tenge was introduced as the new currency of Kazakhstan, replacing the Soviet ruble. The exchange rate was set at 1 tenge = 500 rubles.

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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