Historic North Korean won Tongan paʻanga

North Korean won tongan paʻanga history for January 2024. The highest quote for this month is 0.002626 (23/01/2024) and the lowest 0.002609 (28/01/2024). The difference between high and low is 0.65.

KPW TOP average rate for January 2024 is 0.00259, the change between 01/01/2024 and 31/01/2024 is -2.11 %.

01 January 20241 KPW = 0.0026 TOP
02 January 20241 KPW = 0.0026 TOP
03 January 20241 KPW = 0.0026 TOP
04 January 20241 KPW = 0.0026 TOP
05 January 20241 KPW = 0.0026 TOP
06 January 20241 KPW = 0.0026 TOP
07 January 20241 KPW = 0.0026 TOP
08 January 20241 KPW = 0.0026 TOP
09 January 20241 KPW = 0.0026 TOP
10 January 20241 KPW = 0.0026 TOP
11 January 20241 KPW = 0.0026 TOP
12 January 20241 KPW = 0.0026 TOP
14 January 20241 KPW = 0.0026 TOP
15 January 20241 KPW = 0.0026 TOP
16 January 20241 KPW = 0.0026 TOP
17 January 20241 KPW = 0.0026 TOP
18 January 20241 KPW = 0.0026 TOP
19 January 20241 KPW = 0.0026 TOP
22 January 20241 KPW = 0.0026 TOP
23 January 20241 KPW = 0.0026 TOP
24 January 20241 KPW = 0.0026 TOP
25 January 20241 KPW = 0.0026 TOP
26 January 20241 KPW = 0.0026 TOP
28 January 20241 KPW = 0.0026 TOP
29 January 20241 KPW = 0.0026 TOP
30 January 20241 KPW = 0.0026 TOP
31 January 20241 KPW = 0.0026 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.

01/07/2013: Exchange rate unification

North Korea unifies the official exchange rate and market rate, resulting in a significant depreciation of the won.

30/11/2009: Currency revaluation

North Korean government announces a currency revaluation, replacing the old won notes at a ratio of 1 for 100.

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.

01/12/2001: Currency redenomination

North Korean won is redenominated, with the previous notes and coins being replaced by new ones at a ratio of 1 for 1,000.

25/02/1992: Introducing foreign exchange certificates

North Korea introduces foreign exchange certificates to counter hyperinflation and stabilize its 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.

06/12/1979: Second major revaluation

North Korean won undergoes its second major revaluation, with the exchange rate being set at 1 for 10.

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.

31/12/1959: First major revaluation

North Korean won undergoes its first major revaluation, with the exchange rate being set at 1 for 100.

06/12/1947: Introduction of North Korean won

North Korean won is introduced as the official currency of North Korea, replacing the Korean yen at par value.