Historic Colombian Peso Tongan paʻanga

Colombian Peso tongan paʻanga history for December 2023. The highest quote for this month is 0.000617 (28/12/2023) and the lowest 0.000604 (28/12/2023). The difference between high and low is 2.11.

COP TOP average rate for December 2023 is 0.00059, the change between 01/12/2023 and 31/12/2023 is -2.24 %.

01 December 20231 COP = 0.0006 TOP
02 December 20231 COP = 0.0006 TOP
03 December 20231 COP = 0.0006 TOP
04 December 20231 COP = 0.0006 TOP
05 December 20231 COP = 0.0006 TOP
06 December 20231 COP = 0.0006 TOP
07 December 20231 COP = 0.0006 TOP
08 December 20231 COP = 0.0006 TOP
10 December 20231 COP = 0.0006 TOP
11 December 20231 COP = 0.0006 TOP
12 December 20231 COP = 0.0006 TOP
13 December 20231 COP = 0.0006 TOP
14 December 20231 COP = 0.0006 TOP
15 December 20231 COP = 0.0006 TOP
16 December 20231 COP = 0.0006 TOP
17 December 20231 COP = 0.0006 TOP
18 December 20231 COP = 0.0006 TOP
19 December 20231 COP = 0.0006 TOP
20 December 20231 COP = 0.0006 TOP
21 December 20231 COP = 0.0006 TOP
22 December 20231 COP = 0.0006 TOP
23 December 20231 COP = 0.0006 TOP
24 December 20231 COP = 0.0006 TOP
26 December 20231 COP = 0.0006 TOP
27 December 20231 COP = 0.0006 TOP
28 December 20231 COP = 0.0006 TOP
29 December 20231 COP = 0.0006 TOP

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

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

02/12/2016: Peace Agreement Impact

After the signing of the peace agreement with FARC, the Colombian Peso strengthened and saw improvements in the economy.

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.

24/07/2001: Exchange rate flexibility

Colombia allowed the Colombian Peso to have a flexible exchange rate, transitioning from a fixed exchange rate system.

21/10/1999: Colombia's Financial Crisis

Colombia faced a financial crisis resulting in a devaluation of the Peso and an economic recession.

04/07/1991: Introduction of a New Peso

A new Peso was introduced with a higher value, replacing the old Peso due to high inflation.

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.

12/06/1953: Creation of Banco de la República

The central bank of Colombia, Banco de la República, was established to regulate and control the Colombian Peso.

31/07/1886: Adoption of the Gold Standard

Colombia adopted the gold standard, linking the value of the Peso to gold, stabilizing the currency.

27/05/1837: Introduction of the Peso

The Colombian Peso was introduced as the official currency of Colombia, replacing the Spanish real.