Historic Egyptian Pound Tongan paʻanga

Egyptian Pound tongan paʻanga history for January 2024. The highest quote for this month is 0.076413 (23/01/2024) and the lowest 0.076175 (18/01/2024). The difference between high and low is 0.31.

EGP TOP average rate for January 2024 is 0.07563, the change between 01/01/2024 and 31/01/2024 is -2.04 %.

01 January 20241 EGP = 0.0745 TOP
02 January 20241 EGP = 0.0743 TOP
03 January 20241 EGP = 0.0748 TOP
04 January 20241 EGP = 0.0749 TOP
05 January 20241 EGP = 0.0754 TOP
06 January 20241 EGP = 0.0754 TOP
07 January 20241 EGP = 0.0757 TOP
08 January 20241 EGP = 0.0760 TOP
09 January 20241 EGP = 0.0758 TOP
10 January 20241 EGP = 0.0762 TOP
11 January 20241 EGP = 0.0764 TOP
12 January 20241 EGP = 0.0752 TOP
14 January 20241 EGP = 0.0752 TOP
15 January 20241 EGP = 0.0755 TOP
16 January 20241 EGP = 0.0751 TOP
17 January 20241 EGP = 0.0756 TOP
18 January 20241 EGP = 0.0761 TOP
19 January 20241 EGP = 0.0763 TOP
22 January 20241 EGP = 0.0759 TOP
23 January 20241 EGP = 0.0757 TOP
24 January 20241 EGP = 0.0758 TOP
25 January 20241 EGP = 0.0758 TOP
26 January 20241 EGP = 0.0761 TOP
28 January 20241 EGP = 0.0759 TOP
29 January 20241 EGP = 0.0761 TOP
30 January 20241 EGP = 0.0764 TOP
31 January 20241 EGP = 0.0760 TOP

03/11/2020: Economic Impact of COVID-19

The COVID-19 pandemic caused economic disruptions globally, affecting the Egyptian Pound's exchange rate and foreign reserves.

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.

14/11/1999: Liberalization of Exchange Rate

The Egyptian government implemented a managed float exchange rate system, allowing the Pound to fluctuate based on 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.

12/08/1987: Introduction of New Egyptian Pound

A new Egyptian Pound banknote was introduced to combat counterfeiting and improve security features.

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.

14/09/1962: Devaluation of the Pound

The Egyptian government devalued the Pound by 55%, leading to a significant decrease in its value.

23/07/1952: Overthrow of the Monarchy

The Egyptian monarchy was overthrown, leading to political and economic changes that affected the value of the Egyptian Pound.

02/05/1885: Establishment of Central Bank of Egypt

The Central Bank of Egypt was established to regulate the currency and banking system in Egypt.

29/07/1834: Introduction of Egyptian Pound

The Egyptian Pound was introduced as the official currency of Egypt, replacing the piastre.
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