Jamaican Dollar tongan paʻanga exchange rate history (JMD TOP) December 2023

Jamaican Dollar tongan paʻanga history for December 2023. The highest quote for this month is 0.015456 (28/12/2023) and the lowest 0.01532 (14/12/2023). The difference between high and low is 0.88.

JMD TOP average rate for December 2023 is 0.01522, the change between 01/12/2023 and 31/12/2023 is +1.02 %.

01 December 2023	1 JMD = 0.0151 TOP
02 December 2023	1 JMD = 0.0151 TOP
03 December 2023	1 JMD = 0.0151 TOP
04 December 2023	1 JMD = 0.0152 TOP
05 December 2023	1 JMD = 0.0152 TOP
06 December 2023	1 JMD = 0.0152 TOP
07 December 2023	1 JMD = 0.0154 TOP
08 December 2023	1 JMD = 0.0153 TOP
10 December 2023	1 JMD = 0.0152 TOP
11 December 2023	1 JMD = 0.0154 TOP
12 December 2023	1 JMD = 0.0154 TOP
13 December 2023	1 JMD = 0.0153 TOP
14 December 2023	1 JMD = 0.0153 TOP
15 December 2023	1 JMD = 0.0152 TOP
16 December 2023	1 JMD = 0.0152 TOP
17 December 2023	1 JMD = 0.0152 TOP
18 December 2023	1 JMD = 0.0152 TOP
19 December 2023	1 JMD = 0.0152 TOP
20 December 2023	1 JMD = 0.0154 TOP
21 December 2023	1 JMD = 0.0152 TOP
22 December 2023	1 JMD = 0.0152 TOP
23 December 2023	1 JMD = 0.0152 TOP
24 December 2023	1 JMD = 0.0152 TOP
26 December 2023	1 JMD = 0.0151 TOP
27 December 2023	1 JMD = 0.0153 TOP
28 December 2023	1 JMD = 0.0154 TOP
29 December 2023	1 JMD = 0.0150 TOP

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

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

16/03/2015: Bank of Jamaica Act

The Bank of Jamaica Act was passed, granting the central bank greater autonomy in executing monetary policy and promoting financial stability.

29/07/2014: Second Devaluation of the Paʻanga

Another devaluation occurred, this time by 20%, as part of Tonga's economic reform program.

12/02/2013: Currency devaluation

To stabilize the economy, the Jamaican Dollar was devalued by approximately 16.5% against major currencies.

28/11/2010: IMF agreement

Jamaica reached an agreement with the International Monetary Fund (IMF) for a financial support program to address economic challenges.

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.

30/04/1994: Foreign exchange liberalization

Jamaica lifted restrictions on foreign exchange, allowing for more flexible trade and investment opportunities.

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.

25/03/1991: JMD devaluation

Due to economic pressures, the Jamaican Dollar was devalued by 33.3%, leading to an increase in the exchange rate.

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.

05/08/1971: Currency decimalization

Jamaica decimalized its currency, dividing the Jamaican Dollar into 100 cents instead of 20 shillings.

07/02/1969: Jamaican Dollar introduced

The Jamaican Dollar (JMD) was introduced as the official currency of Jamaica, replacing the Jamaican 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.

Historic Jamaican Dollar Tongan paʻanga