Historic Tongan paʻanga Macedonian Denar

Tongan paʻanga macedonian denar history for January 2024. The highest quote for this month is 24.215 (02/01/2024) and the lowest 24.137 (06/01/2024). The difference between high and low is 0.32.

TOP MKD average rate for January 2024 is 23.96407, the change between 01/01/2024 and 31/01/2024 is +0.15 %.

01 January 20241 TOP = 24.04 MKD
02 January 20241 TOP = 24.04 MKD
03 January 20241 TOP = 24.15 MKD
04 January 20241 TOP = 24.20 MKD
05 January 20241 TOP = 24.06 MKD
06 January 20241 TOP = 24.13 MKD
07 January 20241 TOP = 24.05 MKD
08 January 20241 TOP = 23.80 MKD
09 January 20241 TOP = 23.83 MKD
10 January 20241 TOP = 23.76 MKD
11 January 20241 TOP = 23.61 MKD
12 January 20241 TOP = 23.97 MKD
14 January 20241 TOP = 24.08 MKD
15 January 20241 TOP = 23.89 MKD
16 January 20241 TOP = 24.02 MKD
17 January 20241 TOP = 24.07 MKD
18 January 20241 TOP = 23.93 MKD
19 January 20241 TOP = 23.85 MKD
22 January 20241 TOP = 23.79 MKD
23 January 20241 TOP = 24.01 MKD
24 January 20241 TOP = 24.09 MKD
25 January 20241 TOP = 23.97 MKD
26 January 20241 TOP = 23.98 MKD
28 January 20241 TOP = 24.07 MKD
29 January 20241 TOP = 23.76 MKD
30 January 20241 TOP = 23.93 MKD
31 January 20241 TOP = 24.00 MKD

01/07/2020: Euro as legal tender

North Macedonia officially adopted the Euro as its currency, replacing the Macedonian Denar for all monetary transactions.

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

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

15/05/2018: Denar's symbol adoption

The official symbol for the Macedonian Denar (den) was adopted, representing the currency in both domestic and international transactions.

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.

10/10/2005: Denar's full Euro peg

The Macedonian Denar was fully pegged to the Euro at a fixed exchange rate of 61.5 Denars to 1 Euro.

29/04/2003: Replacement of banknotes

New series of banknotes with enhanced security features were introduced, replacing the older versions.

05/11/2001: Denar's devaluation

Due to the political crisis in Macedonia, the Denar underwent a significant devaluation, losing around 40% of its value against the Euro.

15/05/1995: Denar's peg to the German Mark

The Macedonian Denar was pegged to the German Mark at a rate of 1 Denar to 1.5 Deutsche Mark, establishing a stable exchange rate.

26/11/1992: Introduction of the Macedonian Denar

The Macedonian Denar was introduced as the official currency of the Republic of Macedonia following its declaration of independence from Yugoslavia.

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.
TOP MKD August 2023
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