Historic Arab Emirates Dirham Tongan paʻanga

Arab Emirates Dirham tongan paʻanga history for November 2023. The highest quote for this month is 0.65729 (01/11/2023) and the lowest 0.64834 (01/11/2023). The difference between high and low is 1.36.

AED TOP average rate for November 2023 is 0.64061, the change between 01/11/2023 and 30/11/2023 is +1.83 %.

01 November 20231 AED = 0.6483 TOP
06 November 20231 AED = 0.6078 TOP
07 November 20231 AED = 0.6079 TOP
08 November 20231 AED = 0.6467 TOP
09 November 20231 AED = 0.6431 TOP
10 November 20231 AED = 0.6433 TOP
12 November 20231 AED = 0.6431 TOP
13 November 20231 AED = 0.6447 TOP
14 November 20231 AED = 0.6445 TOP
15 November 20231 AED = 0.6404 TOP
16 November 20231 AED = 0.6439 TOP
17 November 20231 AED = 0.6462 TOP
18 November 20231 AED = 0.6461 TOP
19 November 20231 AED = 0.6460 TOP
20 November 20231 AED = 0.6477 TOP
21 November 20231 AED = 0.6470 TOP
22 November 20231 AED = 0.6499 TOP
23 November 20231 AED = 0.6501 TOP
24 November 20231 AED = 0.6403 TOP
26 November 20231 AED = 0.6402 TOP
27 November 20231 AED = 0.6388 TOP
28 November 20231 AED = 0.6361 TOP
29 November 20231 AED = 0.6362 TOP
30 November 20231 AED = 0.6365 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.