Historic Tongan paʻanga Rwandan franc

Tongan paʻanga rwandan franc history for January 2024. The highest quote for this month is 545.21 (15/01/2024) and the lowest 542.92 (15/01/2024). The difference between high and low is 0.42.

TOP RWF average rate for January 2024 is 538.37037, the change between 01/01/2024 and 31/01/2024 is +1.1 %.

01 January 20241 TOP = 542.1 RWF
02 January 20241 TOP = 542.5 RWF
03 January 20241 TOP = 545.5 RWF
04 January 20241 TOP = 540.7 RWF
05 January 20241 TOP = 539.1 RWF
06 January 20241 TOP = 541.5 RWF
07 January 20241 TOP = 539.6 RWF
08 January 20241 TOP = 536.3 RWF
09 January 20241 TOP = 534.1 RWF
10 January 20241 TOP = 531.7 RWF
11 January 20241 TOP = 530.3 RWF
12 January 20241 TOP = 539.2 RWF
14 January 20241 TOP = 542.0 RWF
15 January 20241 TOP = 544.3 RWF
16 January 20241 TOP = 542.6 RWF
17 January 20241 TOP = 537.7 RWF
18 January 20241 TOP = 535.6 RWF
19 January 20241 TOP = 534.5 RWF
22 January 20241 TOP = 544.4 RWF
23 January 20241 TOP = 538.4 RWF
24 January 20241 TOP = 537.3 RWF
25 January 20241 TOP = 538.2 RWF
26 January 20241 TOP = 535.7 RWF
28 January 20241 TOP = 537.2 RWF
29 January 20241 TOP = 535.4 RWF
30 January 20241 TOP = 534.1 RWF
31 January 20241 TOP = 536.2 RWF

24/06/2020: Rwandan Franc Devaluation

The central bank of Rwanda announced a gradual devaluation of the Rwandan franc to enhance export competitiveness and stimulate economic growth.

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.

03/12/2008: New Currency Series

A new series of Rwandan franc banknotes was introduced, featuring updated security features and designs.

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.

01/01/2004: East African Community

Rwanda joined the East African Community, leading to increased economic integration and cooperation within the region.

03/12/1998: Currency Redenomination

The Rwandan franc underwent a redenomination, with 100 old francs being replaced by 1 new franc.

07/04/1995: Rwandan Genocide

The Rwandan Genocide began, causing economic instability and inflation for the Rwandan franc.

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.

01/12/1973: Currency Reform

A currency reform was implemented, introducing a new series of Rwandan franc banknotes.

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.

25/06/1964: Introduction of the Rwandan Franc

The Rwandan franc was introduced as the official currency of Rwanda, replacing the East African shilling.
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