Historic Moroccan dirham Tongan paʻanga

Moroccan dirham tongan paʻanga history for January 2024. The highest quote for this month is 0.24395 (24/01/2024) and the lowest 0.243 (19/01/2024). The difference between high and low is 0.39.

MAD TOP average rate for January 2024 is 0.23699, the change between 01/01/2024 and 31/01/2024 is +1.92 %.

01 January 20241 MAD = 0.2395 TOP
02 January 20241 MAD = 0.2394 TOP
03 January 20241 MAD = 0.2328 TOP
04 January 20241 MAD = 0.2331 TOP
05 January 20241 MAD = 0.2343 TOP
06 January 20241 MAD = 0.2331 TOP
07 January 20241 MAD = 0.2346 TOP
08 January 20241 MAD = 0.2418 TOP
09 January 20241 MAD = 0.2358 TOP
10 January 20241 MAD = 0.2439 TOP
11 January 20241 MAD = 0.2370 TOP
12 January 20241 MAD = 0.2334 TOP
14 January 20241 MAD = 0.2334 TOP
15 January 20241 MAD = 0.2420 TOP
16 January 20241 MAD = 0.2411 TOP
17 January 20241 MAD = 0.2410 TOP
18 January 20241 MAD = 0.2352 TOP
19 January 20241 MAD = 0.2357 TOP
22 January 20241 MAD = 0.2425 TOP
23 January 20241 MAD = 0.2352 TOP
24 January 20241 MAD = 0.2344 TOP
25 January 20241 MAD = 0.2352 TOP
26 January 20241 MAD = 0.2353 TOP
28 January 20241 MAD = 0.2355 TOP
29 January 20241 MAD = 0.2433 TOP
30 January 20241 MAD = 0.2355 TOP
31 January 20241 MAD = 0.2349 TOP

15/09/2021: Digitization of the Moroccan dirham

Morocco announced plans to digitize the dirham, introducing a central bank digital currency (CBDC) for financial transactions in the country.

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.

02/06/2014: Introduction of the fourth dirham

Another series of Moroccan dirham banknotes was issued, featuring new designs and enhanced security features.

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.

02/07/2005: Dirham's exchange rate floatation

Morocco moved to a floating exchange rate regime, allowing the dirham to fluctuate based on market forces.

01/05/1999: Introduction of the third dirham

A new series of Moroccan dirham banknotes was introduced with enhanced security features.

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.

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

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.

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official 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.

26/11/1960: Introduction of the Moroccan franc (FRF)

The Moroccan franc was introduced as the official currency of Morocco.
MAD TOP July 2023
MAD TOP August 2023
MAD TOP September 2023
MAD TOP October 2023
MAD TOP November 2023
MAD TOP December 2023
MAD TOP January 2024
MAD TOP February 2024
MAD TOP March 2024
MAD TOP April 2024
MAD TOP May 2024
MAD TOP June 2024
MAD TOP July 2024