Costa Rican colón tongan paʻanga exchange rate history (CRC TOP) February 2024

Costa Rican colón tongan paʻanga history for February 2024. The highest quote for this month is 0.004738 (28/02/2024) and the lowest 0.004708 (02/02/2024). The difference between high and low is 0.63.

CRC TOP average rate for February 2024 is 0.00465, the change between 01/02/2024 and 29/02/2024 is +0.66 %.

01 February 2024	1 CRC = 0.0047 TOP
02 February 2024	1 CRC = 0.0047 TOP
03 February 2024	1 CRC = 0.0046 TOP
04 February 2024	1 CRC = 0.0046 TOP
05 February 2024	1 CRC = 0.0046 TOP
06 February 2024	1 CRC = 0.0047 TOP
07 February 2024	1 CRC = 0.0047 TOP
08 February 2024	1 CRC = 0.0047 TOP
09 February 2024	1 CRC = 0.0046 TOP
12 February 2024	1 CRC = 0.0046 TOP
13 February 2024	1 CRC = 0.0046 TOP
14 February 2024	1 CRC = 0.0047 TOP
15 February 2024	1 CRC = 0.0046 TOP
16 February 2024	1 CRC = 0.0046 TOP
17 February 2024	1 CRC = 0.0046 TOP
18 February 2024	1 CRC = 0.0046 TOP
19 February 2024	1 CRC = 0.0046 TOP
20 February 2024	1 CRC = 0.0046 TOP
21 February 2024	1 CRC = 0.0047 TOP
22 February 2024	1 CRC = 0.0047 TOP
23 February 2024	1 CRC = 0.0047 TOP
24 February 2024	1 CRC = 0.0046 TOP
25 February 2024	1 CRC = 0.0046 TOP
26 February 2024	1 CRC = 0.0047 TOP
27 February 2024	1 CRC = 0.0047 TOP
28 February 2024	1 CRC = 0.0047 TOP
29 February 2024	1 CRC = 0.0047 TOP

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.

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.

15/10/2006: New series of banknotes

Costa Rica introduced a new series of banknotes featuring enhanced security features to combat counterfeiting and modernize the colón currency.

21/05/1991: Free-floating exchange rate

Costa Rica transitioned to a floating exchange rate regime, allowing the colón's value to be determined by market forces.

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.

09/11/1961: Introduction of the Monetary Reform

Costa Rica implemented a monetary reform, replacing the old colón with a new one at a rate of 1 to 100, to combat inflation.

30/11/1949: Abolition of the army

After the abolition of the army, the Costa Rican government focused on economic development, leading to stable monetary policies for the colón.

14/12/1917: Establishment of the Central Bank of Costa Rica

The Central Bank of Costa Rica was established to oversee monetary policy, including the management of the colón.

09/04/1896: Adoption of the gold standard

Costa Rica adopted the gold standard, pegging the value of the colón to gold, leading to currency stability.

18/03/1850: Introduction of the Costa Rican colón

The Costa Rican colón was officially introduced as the currency of Costa Rica to replace the Spanish real.

Historic Costa Rican colón Tongan paʻanga