Historic Tongan paʻanga Somali shilling

Tongan paʻanga somali shilling history for August 2023. The highest quote for this month is 242.76 (01/08/2023) and the lowest 242.87 (01/08/2023). The difference between high and low is -0.05.

TOP SOS average rate for August 2023 is 240.727, the change between 01/08/2023 and 31/08/2023 is +1.75 %.

01 August 20231 TOP = 242.9 SOS
04 August 20231 TOP = 241.9 SOS
07 August 20231 TOP = 242.6 SOS
08 August 20231 TOP = 241.8 SOS
10 August 20231 TOP = 241.2 SOS
14 August 20231 TOP = 240.6 SOS
15 August 20231 TOP = 240.2 SOS
17 August 20231 TOP = 238.7 SOS
21 August 20231 TOP = 238.6 SOS
28 August 20231 TOP = 238.6 SOS

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.

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.

01/04/1991: 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.