Arab Emirates Dirham tongan paʻanga exchange rate history (AED TOP) December 2023

Arab Emirates Dirham tongan paʻanga history for December 2023. The highest quote for this month is 0.64542 (11/12/2023) and the lowest 0.63844 (16/12/2023). The difference between high and low is 1.08.

AED TOP average rate for December 2023 is 0.63799, the change between 01/12/2023 and 31/12/2023 is +1.19 %.

01 December 2023	1 AED = 0.6342 TOP
02 December 2023	1 AED = 0.6341 TOP
03 December 2023	1 AED = 0.6340 TOP
04 December 2023	1 AED = 0.6342 TOP
05 December 2023	1 AED = 0.6366 TOP
06 December 2023	1 AED = 0.6366 TOP
07 December 2023	1 AED = 0.6432 TOP
08 December 2023	1 AED = 0.6440 TOP
10 December 2023	1 AED = 0.6377 TOP
11 December 2023	1 AED = 0.6455 TOP
12 December 2023	1 AED = 0.6455 TOP
13 December 2023	1 AED = 0.6428 TOP
14 December 2023	1 AED = 0.6405 TOP
15 December 2023	1 AED = 0.6385 TOP
16 December 2023	1 AED = 0.6384 TOP
17 December 2023	1 AED = 0.6384 TOP
18 December 2023	1 AED = 0.6414 TOP
19 December 2023	1 AED = 0.6342 TOP
20 December 2023	1 AED = 0.6446 TOP
21 December 2023	1 AED = 0.6334 TOP
22 December 2023	1 AED = 0.6348 TOP
23 December 2023	1 AED = 0.6347 TOP
24 December 2023	1 AED = 0.6347 TOP
26 December 2023	1 AED = 0.6311 TOP
27 December 2023	1 AED = 0.6421 TOP
28 December 2023	1 AED = 0.6438 TOP
29 December 2023	1 AED = 0.6267 TOP

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

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

17/06/2018: Introduction of New Banknotes

A new series of UAE dirham banknotes, featuring enhanced durability, 3D security features, and tactile marks for visually impaired individuals, is introduced.

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.

01/01/2007: Security Enhancements

New security features, including holograms and advanced anti-counterfeiting measures, are added to the UAE dirham banknotes.

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.

01/12/2002: Introduction of Modern Coinage

A new series of UAE dirham coins, featuring modern designs and security features, is introduced.

20/03/1995: Currency Peg to US Dollar

The UAE dirham is pegged to the United States dollar at a fixed exchange rate of 1 USD to 3.6725 AED.

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.

01/01/1978: Currency Issuance Authority

The UAE Currency Issuing Authority is established, granting the authority to issue and manage the UAE dirham.

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.

28/01/1973: Decoupling from Pound Sterling

The UAE dirham is officially decoupled from the British pound sterling and a new exchange rate is set.

02/12/1971: Formation of UAE

The United Arab Emirates is formed, resulting in the introduction of the UAE dirham as its official 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.

Historic Arab Emirates Dirham Tongan paʻanga