Mexican peso tongan paʻanga exchange rate history (MXN TOP) December 2023

Mexican peso tongan paʻanga history for December 2023. The highest quote for this month is 0.13962 (28/12/2023) and the lowest 0.13737 (24/12/2023). The difference between high and low is 1.61.

MXN TOP average rate for December 2023 is 0.13629, the change between 01/12/2023 and 31/12/2023 is -1.33 %.

01 December 2023	1 MXN = 0.1340 TOP
02 December 2023	1 MXN = 0.1356 TOP
03 December 2023	1 MXN = 0.1356 TOP
04 December 2023	1 MXN = 0.1355 TOP
05 December 2023	1 MXN = 0.1339 TOP
06 December 2023	1 MXN = 0.1346 TOP
07 December 2023	1 MXN = 0.1366 TOP
08 December 2023	1 MXN = 0.1353 TOP
10 December 2023	1 MXN = 0.1351 TOP
11 December 2023	1 MXN = 0.1366 TOP
12 December 2023	1 MXN = 0.1364 TOP
13 December 2023	1 MXN = 0.1364 TOP
14 December 2023	1 MXN = 0.1362 TOP
15 December 2023	1 MXN = 0.1364 TOP
16 December 2023	1 MXN = 0.1363 TOP
17 December 2023	1 MXN = 0.1360 TOP
18 December 2023	1 MXN = 0.1368 TOP
19 December 2023	1 MXN = 0.1357 TOP
20 December 2023	1 MXN = 0.1387 TOP
21 December 2023	1 MXN = 0.1358 TOP
22 December 2023	1 MXN = 0.1369 TOP
23 December 2023	1 MXN = 0.1374 TOP
24 December 2023	1 MXN = 0.1372 TOP
26 December 2023	1 MXN = 0.1365 TOP
27 December 2023	1 MXN = 0.1389 TOP
28 December 2023	1 MXN = 0.1398 TOP
29 December 2023	1 MXN = 0.1358 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.

20/06/2012: Mexican Peso Becomes the Most Traded Emerging Market Currency

The Mexican peso surpassed the Brazilian real to become the most traded currency among emerging markets, reflecting Mexico's growing economic importance.

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.

01/01/2003: Introduction of the New Peso Symbol

The Mexican peso adopted a new symbol, replacing the old symbol (₱) with a capital 'P' with double horizontal lines (MXN) to symbolize the currency.

20/12/1994: Tequila Crisis

Mexico experienced a severe economic crisis and an abrupt devaluation of the peso as a result of the devaluation of the Thai baht, causing investors to flee emerging markets.

01/01/1993: Implementation of the North American Free Trade Agreement (NAFTA)

NAFTA came into effect, promoting trade and investment between Mexico, the United States, and Canada, leading to increased stability and growth in the Mexican economy.

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.

06/07/1988: Introduction of the New Peso

Due to hyperinflation and currency devaluation, Mexico introduced a new currency, called the New Peso, where 1000 old pesos were replaced by 1 new peso.

12/08/1982: Mexican Debt Crisis

Mexico defaulted on its external debt, leading to a sharp devaluation of the peso and a severe economic crisis, requiring an emergency loan from the International Monetary Fund (IMF).

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.

13/08/1970: Devaluation of the Peso

In response to global inflation, the Mexican government devalued the peso by 20% against the US dollar, leading to economic instability and a decline in purchasing power.

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 Mexican peso Tongan paʻanga