01/04/2020: 50th Anniversary of the Paʻanga
Tonga celebrated the 50th anniversary of the introduction of the paʻanga as its national currency.
01/05/2017: Introduction of a two-dollar coin
Belize introduced a new denomination in the form of a two-dollar coin, reducing the dependency on smaller denomination banknotes.
29/07/2014: Second Devaluation of the Paʻanga
Another devaluation occurred, this time by 20%, as part of Tonga's economic reform program.
26/09/2011: Launching of new designs
The Central Bank of Belize introduced a new series of banknotes with updated designs, depicting prominent national landmarks and personalities.
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.
24/06/2001: Introduction of polymer banknotes
Belize became one of the first countries in the region to introduce polymer banknotes, enhancing durability and security.
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.
01/04/1990: Establishment of the Central Bank of Belize
The Central Bank of Belize was established to oversee monetary policies and ensure financial stability in the country.
01/12/1982: Conversion to decimal currency
Belize adopted a decimal currency system with the introduction of a new series of banknotes and coins.
01/07/1978: Independence of Belize
Belize gained independence from the United Kingdom, solidifying the Belize dollar as the national currency.
01/11/1976: Introduction of the Belize dollar
The Belize dollar was introduced as the official currency of Belize to replace the British Honduran dollar.
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.