Historic Namibian dollar Tongan paʻanga

Namibian dollar tongan paʻanga history for February 2024. The highest quote for this month is 0.12714 (01/02/2024) and the lowest 0.12617 (03/02/2024). The difference between high and low is 0.76.

NAD TOP average rate for February 2024 is 0.12361, the change between 01/02/2024 and 29/02/2024 is +4.32 %.

01 February 20241 NAD = 0.1271 TOP
02 February 20241 NAD = 0.1264 TOP
03 February 20241 NAD = 0.1244 TOP
04 February 20241 NAD = 0.1244 TOP
05 February 20241 NAD = 0.1270 TOP
06 February 20241 NAD = 0.1241 TOP
07 February 20241 NAD = 0.1263 TOP
08 February 20241 NAD = 0.1249 TOP
09 February 20241 NAD = 0.1224 TOP
12 February 20241 NAD = 0.1229 TOP
13 February 20241 NAD = 0.1228 TOP
14 February 20241 NAD = 0.1226 TOP
15 February 20241 NAD = 0.1230 TOP
16 February 20241 NAD = 0.1234 TOP
17 February 20241 NAD = 0.1241 TOP
18 February 20241 NAD = 0.1239 TOP
19 February 20241 NAD = 0.1234 TOP
20 February 20241 NAD = 0.1231 TOP
21 February 20241 NAD = 0.1234 TOP
22 February 20241 NAD = 0.1242 TOP
23 February 20241 NAD = 0.1224 TOP
24 February 20241 NAD = 0.1216 TOP
25 February 20241 NAD = 0.1216 TOP
26 February 20241 NAD = 0.1230 TOP
27 February 20241 NAD = 0.1226 TOP
28 February 20241 NAD = 0.1207 TOP
29 February 20241 NAD = 0.1217 TOP

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

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

26/01/2016: New N$100 and N$200 Banknotes Introduced

Namibia introduced new banknotes of N$100 and N$200 denominations to address the need for higher-value currency in the growing economy.

29/07/2014: Second Devaluation of the Paʻanga

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

30/08/2012: Introduction of N$10 Commemorative Banknote

Namibia introduced a commemorative banknote of N$10 to celebrate the centenary of the country's struggle for independence.

27/10/2008: Financial Crisis Impact

Due to the global financial crisis, the Namibian dollar experienced a depreciation against major currencies, affecting the country's economy.

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: Replacement of Old Banknotes

Old banknotes of the Namibian dollar were demonetized, and new banknotes became the only valid currency.

01/06/1999: Introduction of New Banknotes and Coins

New series of banknotes and coins were introduced in Namibia, featuring indigenous wildlife and cultural symbols.

30/08/1993: Dollarization of Namibia

Namibia adopted the Namibian dollar as its sole legal tender, replacing the South African rand as the official currency.

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.

21/03/1990: Independence of Namibia

Namibia gained independence from South Africa, leading to the introduction of the Namibian dollar as the official currency of the newly established country.

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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