Hong Kong dollar tongan paʻanga exchange rate history (HKD TOP) December 2023

Hong Kong dollar tongan paʻanga history for December 2023. The highest quote for this month is 0.30341 (12/12/2023) and the lowest 0.30048 (16/12/2023). The difference between high and low is 0.97.

HKD TOP average rate for December 2023 is 0.2998, the change between 01/12/2023 and 31/12/2023 is +1.13 %.

01 December 2023	1 HKD = 0.2981 TOP
02 December 2023	1 HKD = 0.2980 TOP
03 December 2023	1 HKD = 0.2980 TOP
04 December 2023	1 HKD = 0.2980 TOP
05 December 2023	1 HKD = 0.2991 TOP
06 December 2023	1 HKD = 0.2989 TOP
07 December 2023	1 HKD = 0.3024 TOP
08 December 2023	1 HKD = 0.3027 TOP
10 December 2023	1 HKD = 0.2999 TOP
11 December 2023	1 HKD = 0.3035 TOP
12 December 2023	1 HKD = 0.3036 TOP
13 December 2023	1 HKD = 0.3022 TOP
14 December 2023	1 HKD = 0.3010 TOP
15 December 2023	1 HKD = 0.3003 TOP
16 December 2023	1 HKD = 0.3005 TOP
17 December 2023	1 HKD = 0.3005 TOP
18 December 2023	1 HKD = 0.3019 TOP
19 December 2023	1 HKD = 0.2987 TOP
20 December 2023	1 HKD = 0.3034 TOP
21 December 2023	1 HKD = 0.2979 TOP
22 December 2023	1 HKD = 0.2984 TOP
23 December 2023	1 HKD = 0.2983 TOP
24 December 2023	1 HKD = 0.2983 TOP
26 December 2023	1 HKD = 0.2967 TOP
27 December 2023	1 HKD = 0.3021 TOP
28 December 2023	1 HKD = 0.3027 TOP
29 December 2023	1 HKD = 0.2946 TOP
30 December 2023	1 HKD = 0.2948 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.

18/05/2005: Removal of Ten Hong Kong Dollars Note

The Hong Kong Monetary Authority announced the removal of the HKD 10 paper note from circulation, encouraging the usage of electronic payment methods and reducing printing costs.

01/07/1997: Hong Kong's Handover to China

Hong Kong was officially handed over to China, marking the end of British colonial rule but maintaining the Hong Kong Dollar as its currency under the 'one country, two systems' principle.

17/10/1991: Linked Exchange Rate System

The Linked Exchange Rate System (LERS) was implemented, establishing a narrow trading range of HKD 7.75 to 7.85 against the U.S. Dollar, backed by stringent measures to maintain stability.

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.

31/12/1983: Joint Declaration on the Future of Hong Kong

The Sino-British Joint Declaration was signed, affirming Hong Kong's return to China in 1997 and ensuring the continuity of the Hong Kong Dollar as its official currency.

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.

22/05/1972: Pegging to the U.S. Dollar

As the British Pound faced pressures in the foreign exchange market, Hong Kong decided to switch the peg to the U.S. Dollar at a rate of HKD 5.65 to USD 1.

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.

12/09/1935: Pegging to the Sterling

The Hong Kong Dollar was pegged to the British Pound (Sterling) at a fixed exchange rate of HKD 16 to GBP 1, which helped stabilize the currency.

01/01/1863: Introduction of the Hong Kong Dollar

The Hong Kong Dollar was first introduced as an official currency by the British colonial government to facilitate trade and commerce in Hong Kong.

Historic Hong Kong dollar Tongan paʻanga