Historic Macedonian Denar Tongan paʻanga

Macedonian Denar tongan paʻanga history for January 2024. The highest quote for this month is 0.042247 (11/01/2024) and the lowest 0.042162 (11/01/2024). The difference between high and low is 0.2.

MKD TOP average rate for January 2024 is 0.04173, the change between 01/01/2024 and 31/01/2024 is -0.15 %.

01 January 20241 MKD = 0.0416 TOP
02 January 20241 MKD = 0.0416 TOP
03 January 20241 MKD = 0.0414 TOP
04 January 20241 MKD = 0.0413 TOP
05 January 20241 MKD = 0.0416 TOP
06 January 20241 MKD = 0.0414 TOP
07 January 20241 MKD = 0.0416 TOP
08 January 20241 MKD = 0.0420 TOP
09 January 20241 MKD = 0.0420 TOP
10 January 20241 MKD = 0.0421 TOP
11 January 20241 MKD = 0.0424 TOP
12 January 20241 MKD = 0.0417 TOP
14 January 20241 MKD = 0.0415 TOP
15 January 20241 MKD = 0.0419 TOP
16 January 20241 MKD = 0.0416 TOP
17 January 20241 MKD = 0.0416 TOP
18 January 20241 MKD = 0.0418 TOP
19 January 20241 MKD = 0.0419 TOP
22 January 20241 MKD = 0.0420 TOP
23 January 20241 MKD = 0.0417 TOP
24 January 20241 MKD = 0.0415 TOP
25 January 20241 MKD = 0.0417 TOP
26 January 20241 MKD = 0.0417 TOP
28 January 20241 MKD = 0.0415 TOP
29 January 20241 MKD = 0.0421 TOP
30 January 20241 MKD = 0.0418 TOP
31 January 20241 MKD = 0.0417 TOP

01/07/2020: Euro as legal tender

North Macedonia officially adopted the Euro as its currency, replacing the Macedonian Denar for all monetary transactions.

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

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

15/05/2018: Denar's symbol adoption

The official symbol for the Macedonian Denar (den) was adopted, representing the currency in both domestic and international transactions.

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.

10/10/2005: Denar's full Euro peg

The Macedonian Denar was fully pegged to the Euro at a fixed exchange rate of 61.5 Denars to 1 Euro.

29/04/2003: Replacement of banknotes

New series of banknotes with enhanced security features were introduced, replacing the older versions.

05/11/2001: Denar's devaluation

Due to the political crisis in Macedonia, the Denar underwent a significant devaluation, losing around 40% of its value against the Euro.

15/05/1995: Denar's peg to the German Mark

The Macedonian Denar was pegged to the German Mark at a rate of 1 Denar to 1.5 Deutsche Mark, establishing a stable exchange rate.

26/11/1992: Introduction of the Macedonian Denar

The Macedonian Denar was introduced as the official currency of the Republic of Macedonia following its declaration of independence from Yugoslavia.

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.

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.
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