Gibraltar pound tongan paʻanga exchange rate history (GIP TOP) January 2024

Gibraltar pound tongan paʻanga history for January 2024. The highest quote for this month is 3.0034 (11/01/2024) and the lowest 2.9829 (24/01/2024). The difference between high and low is 0.68.

GIP TOP average rate for January 2024 is 2.96626, the change between 01/01/2024 and 31/01/2024 is -2.02 %.

01 January 2024	1 GIP = 2.931 TOP
02 January 2024	1 GIP = 2.908 TOP
03 January 2024	1 GIP = 2.922 TOP
04 January 2024	1 GIP = 2.940 TOP
05 January 2024	1 GIP = 2.950 TOP
08 January 2024	1 GIP = 2.956 TOP
09 January 2024	1 GIP = 2.979 TOP
10 January 2024	1 GIP = 2.993 TOP
11 January 2024	1 GIP = 3.003 TOP
12 January 2024	1 GIP = 2.961 TOP
15 January 2024	1 GIP = 2.967 TOP
16 January 2024	1 GIP = 2.940 TOP
17 January 2024	1 GIP = 2.952 TOP
18 January 2024	1 GIP = 2.974 TOP
19 January 2024	1 GIP = 2.991 TOP
22 January 2024	1 GIP = 2.971 TOP
23 January 2024	1 GIP = 2.967 TOP
24 January 2024	1 GIP = 2.984 TOP
25 January 2024	1 GIP = 2.979 TOP
26 January 2024	1 GIP = 2.992 TOP
29 January 2024	1 GIP = 2.979 TOP
30 January 2024	1 GIP = 2.994 TOP
31 January 2024	1 GIP = 2.991 TOP

01/10/2022: Transition to digital currency

Gibraltar announced the introduction of a digital currency pegged 1:1 to the Gibraltar pound, making it one of the first jurisdictions to do so.

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

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

15/08/2019: Commencement of polymer £50 issuance

Polymer £50 banknotes were introduced, replacing the older paper £50 notes.

26/06/2018: New £100 banknote issued

A new £100 banknote featuring the image of Sir Joshua Hassan, first Chief Minister of Gibraltar, was issued.

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.

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.

06/11/1988: Introduction of polymer banknotes

Polymer banknotes were introduced in Gibraltar, enhancing durability and counterfeit resilience.

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.

15/02/1971: Currency tied to British pound

The Gibraltar pound became pegged to the British pound at a rate of 1:1, ensuring stability and ease of trade.

23/06/1969: Currency switch to decimalization

Gibraltar switched from the pound shilling pence system to a decimalized currency, with 100 pence equal to 1 pound.

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.

07/03/1927: Introduction of Gibraltar pound

The Gibraltar pound was first introduced as the official currency of Gibraltar, replacing the Spanish peseta.

Historic Gibraltar pound Tongan paʻanga