Tongan paʻanga united states dollar history for August 2023. The highest quote for this month is 0.42966 (01/08/2023) and the lowest 0.42987 (01/08/2023). The difference between high and low is -0.05.
TOP USD average rate for August 2023 is 0.42557, the change between 01/08/2023 and 31/08/2023 is +1.75 %.
01 August 2023 | 1 TOP = 0.4299 USD |
04 August 2023 | 1 TOP = 0.4275 USD |
07 August 2023 | 1 TOP = 0.4287 USD |
08 August 2023 | 1 TOP = 0.4273 USD |
10 August 2023 | 1 TOP = 0.4262 USD |
12 August 2023 | 1 TOP = 0.4270 USD |
14 August 2023 | 1 TOP = 0.4250 USD |
15 August 2023 | 1 TOP = 0.4245 USD |
17 August 2023 | 1 TOP = 0.4226 USD |
20 August 2023 | 1 TOP = 0.4238 USD |
21 August 2023 | 1 TOP = 0.4224 USD |
28 August 2023 | 1 TOP = 0.4224 USD |
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.