Historic Djiboutian franc Tongan paʻanga

Djiboutian franc tongan paʻanga history for December 2023. The highest quote for this month is 0.013336 (11/12/2023) and the lowest 0.01357 (14/12/2023). The difference between high and low is -1.75.

DJF TOP average rate for December 2023 is 0.01325, the change between 01/12/2023 and 31/12/2023 is -0.44 %.

01 December 20231 DJF = 0.0131 TOP
02 December 20231 DJF = 0.0131 TOP
03 December 20231 DJF = 0.0131 TOP
04 December 20231 DJF = 0.0134 TOP
05 December 20231 DJF = 0.0132 TOP
06 December 20231 DJF = 0.0132 TOP
07 December 20231 DJF = 0.0136 TOP
08 December 20231 DJF = 0.0133 TOP
10 December 20231 DJF = 0.0132 TOP
11 December 20231 DJF = 0.0136 TOP
12 December 20231 DJF = 0.0133 TOP
13 December 20231 DJF = 0.0136 TOP
14 December 20231 DJF = 0.0132 TOP
15 December 20231 DJF = 0.0132 TOP
16 December 20231 DJF = 0.0132 TOP
17 December 20231 DJF = 0.0132 TOP
18 December 20231 DJF = 0.0135 TOP
19 December 20231 DJF = 0.0131 TOP
20 December 20231 DJF = 0.0133 TOP
21 December 20231 DJF = 0.0131 TOP
22 December 20231 DJF = 0.0133 TOP
23 December 20231 DJF = 0.0131 TOP
24 December 20231 DJF = 0.0131 TOP
26 December 20231 DJF = 0.0130 TOP
27 December 20231 DJF = 0.0133 TOP
28 December 20231 DJF = 0.0133 TOP
29 December 20231 DJF = 0.0132 TOP

04/06/2020: Exchange rate stabilization

Efforts were made to stabilize the exchange rate of the Djiboutian franc to reduce inflation and encourage economic growth.

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.

01/09/2013: Replacement of coins with bi-metallic coins

Coins of lower denominations of the Djiboutian franc were replaced with bi-metallic coins.

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.

01/01/2002: Introduction of new banknotes

New banknotes of the Djiboutian franc were introduced with enhanced security features.

15/09/1997: Second devaluation

The Djiboutian franc was devalued by 33% as a result of economic instability and 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.

08/05/1977: First devaluation

The Djiboutian franc was devalued by 50% due to economic difficulties faced by the newly independent country.

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.

27/06/1973: Independence from France

Djibouti gained independence from France and the Djiboutian franc became the 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.

01/01/1949: Introduction of the Djiboutian franc

The Djiboutian franc was introduced as the official currency of French Somaliland, replacing the French franc at a 1:1 exchange rate.