Maldivian rufiyaa tongan paʻanga exchange rate history (MVR TOP) January 2024

Maldivian rufiyaa tongan paʻanga history for January 2024. The highest quote for this month is 0.15522 (22/01/2024) and the lowest 0.15402 (29/01/2024). The difference between high and low is 0.77.

MVR TOP average rate for January 2024 is 0.15283, the change between 01/01/2024 and 31/01/2024 is -1.97 %.

01 January 2024	1 MVR = 0.1511 TOP
02 January 2024	1 MVR = 0.1510 TOP
03 January 2024	1 MVR = 0.1516 TOP
04 January 2024	1 MVR = 0.1519 TOP
05 January 2024	1 MVR = 0.1519 TOP
06 January 2024	1 MVR = 0.1504 TOP
07 January 2024	1 MVR = 0.1509 TOP
08 January 2024	1 MVR = 0.1524 TOP
09 January 2024	1 MVR = 0.1535 TOP
10 January 2024	1 MVR = 0.1542 TOP
11 January 2024	1 MVR = 0.1548 TOP
12 January 2024	1 MVR = 0.1522 TOP
14 January 2024	1 MVR = 0.1505 TOP
15 January 2024	1 MVR = 0.1529 TOP
16 January 2024	1 MVR = 0.1523 TOP
17 January 2024	1 MVR = 0.1530 TOP
18 January 2024	1 MVR = 0.1539 TOP
19 January 2024	1 MVR = 0.1543 TOP
22 January 2024	1 MVR = 0.1531 TOP
23 January 2024	1 MVR = 0.1533 TOP
24 January 2024	1 MVR = 0.1534 TOP
25 January 2024	1 MVR = 0.1535 TOP
26 January 2024	1 MVR = 0.1545 TOP
28 January 2024	1 MVR = 0.1523 TOP
29 January 2024	1 MVR = 0.1545 TOP
30 January 2024	1 MVR = 0.1552 TOP
31 January 2024	1 MVR = 0.1541 TOP

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

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

15/01/2019: Introduction of New Banknotes

New series of banknotes with enhanced security features and improved designs were introduced by the Maldives Monetary Authority.

01/09/2014: Introduction of Polymer Banknotes

Polymer banknotes were introduced in the Maldives, replacing the traditional paper banknotes, enhancing their durability and security features.

29/07/2014: Second Devaluation of the Paʻanga

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

01/07/2011: Redenomination of the Rufiyaa

The Maldivian Rufiyaa underwent redenomination, with new banknotes and coins introduced to simplify transactions and reduce the number of zeros.

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.

01/01/2002: Decimalization of the Rufiyaa

The Maldivian Rufiyaa was decimalized, with 100 laari equaling 1 Rufiyaa, replacing the previous system of 1 Rufiyaa equalling 100 lari.

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.

01/09/1983: Introduction of the Maldivian Rufiyaa

The Maldivian Rufiyaa was introduced as the new currency, replacing the Maldivian Rupee at a 1:1 exchange rate.

01/09/1981: Establishment of the Maldives Monetary Authority

The Maldives Monetary Authority (MMA) was established as the central bank of the Maldives, responsible for issuing and managing the 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.

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.

22/10/1947: Introduction of the Maldivian Rupee

The Maldivian Indian Rupee was adopted as the official currency of the Maldives, replacing the Ceylonese Rupee.

Historic Maldivian rufiyaa Tongan paʻanga