Barbadian dollar tongan paʻanga exchange rate history (BBD TOP) February 2024

Barbadian dollar tongan paʻanga history for February 2024. The highest quote for this month is 1.2055 (07/02/2024) and the lowest 1.1929 (07/02/2024). The difference between high and low is 1.05.

BBD TOP average rate for February 2024 is 1.18607, the change between 01/02/2024 and 29/02/2024 is +0.38 %.

01 February 2024	1 BBD = 1.199 TOP
02 February 2024	1 BBD = 1.192 TOP
03 February 2024	1 BBD = 1.175 TOP
04 February 2024	1 BBD = 1.175 TOP
05 February 2024	1 BBD = 1.186 TOP
06 February 2024	1 BBD = 1.199 TOP
07 February 2024	1 BBD = 1.205 TOP
08 February 2024	1 BBD = 1.196 TOP
09 February 2024	1 BBD = 1.176 TOP
12 February 2024	1 BBD = 1.186 TOP
13 February 2024	1 BBD = 1.184 TOP
14 February 2024	1 BBD = 1.190 TOP
15 February 2024	1 BBD = 1.188 TOP
16 February 2024	1 BBD = 1.186 TOP
17 February 2024	1 BBD = 1.170 TOP
18 February 2024	1 BBD = 1.170 TOP
19 February 2024	1 BBD = 1.186 TOP
20 February 2024	1 BBD = 1.178 TOP
21 February 2024	1 BBD = 1.183 TOP
22 February 2024	1 BBD = 1.191 TOP
23 February 2024	1 BBD = 1.189 TOP
24 February 2024	1 BBD = 1.174 TOP
25 February 2024	1 BBD = 1.174 TOP
26 February 2024	1 BBD = 1.196 TOP
27 February 2024	1 BBD = 1.201 TOP
28 February 2024	1 BBD = 1.183 TOP
29 February 2024	1 BBD = 1.194 TOP

26/06/2020: Currency peg under review

Barbados announced that it would review the decades-long currency peg of 2:1 with the US dollar, considering a shift to a floating exchange rate.

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.

05/08/2013: Devaluation of currency

Barbados devalued its currency by 10% to stimulate economic growth and competitiveness.

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.

24/07/1995: New currency design

Barbados introduced a new design for its currency, featuring national symbols and landmarks.

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.

05/05/1975: Introduction of decimalization

Barbados introduced decimalization, dividing the Barbadian Dollar into 100 cents.

01/01/1973: Fixed exchange rate

Barbados fixed its currency exchange rate to the US dollar at a rate of 2 Barbadian Dollars to 1 US Dollar.

03/07/1972: Barbados gains independence

Barbados gained independence from British rule, leading to the establishment of the Central Bank of Barbados.

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.

01/10/1935: Introduction of Barbadian Dollar

The Barbadian Dollar was introduced as the official currency of Barbados, replacing the East Caribbean dollar.

Historic Barbadian dollar Tongan paʻanga