Pakistani rupee tongan paʻanga exchange rate history (PKR TOP) February 2024

Pakistani rupee tongan paʻanga history for February 2024. The highest quote for this month is 0.008576 (28/02/2024) and the lowest 0.008536 (06/02/2024). The difference between high and low is 0.47.

PKR TOP average rate for February 2024 is 0.00843, the change between 01/02/2024 and 29/02/2024 is -0.33 %.

01 February 2024	1 PKR = 0.0085 TOP
02 February 2024	1 PKR = 0.0084 TOP
03 February 2024	1 PKR = 0.0084 TOP
04 February 2024	1 PKR = 0.0084 TOP
05 February 2024	1 PKR = 0.0085 TOP
06 February 2024	1 PKR = 0.0086 TOP
07 February 2024	1 PKR = 0.0085 TOP
08 February 2024	1 PKR = 0.0085 TOP
09 February 2024	1 PKR = 0.0083 TOP
12 February 2024	1 PKR = 0.0085 TOP
13 February 2024	1 PKR = 0.0084 TOP
14 February 2024	1 PKR = 0.0084 TOP
15 February 2024	1 PKR = 0.0084 TOP
16 February 2024	1 PKR = 0.0084 TOP
17 February 2024	1 PKR = 0.0084 TOP
18 February 2024	1 PKR = 0.0084 TOP
19 February 2024	1 PKR = 0.0084 TOP
20 February 2024	1 PKR = 0.0084 TOP
21 February 2024	1 PKR = 0.0084 TOP
22 February 2024	1 PKR = 0.0084 TOP
23 February 2024	1 PKR = 0.0084 TOP
24 February 2024	1 PKR = 0.0084 TOP
25 February 2024	1 PKR = 0.0084 TOP
26 February 2024	1 PKR = 0.0085 TOP
27 February 2024	1 PKR = 0.0085 TOP
28 February 2024	1 PKR = 0.0084 TOP
29 February 2024	1 PKR = 0.0085 TOP

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

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

16/07/2019: IMF Bailout Package

Pakistan reached an agreement with the IMF for a three-year, $6 billion bailout package to address its balance of payments crisis, affecting the value of the Pakistani rupee.

29/07/2014: Second Devaluation of the Paʻanga

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

11/12/2013: IMF Loan Program

Pakistan signed a loan agreement with the International Monetary Fund (IMF) to stabilize its economy, resulting in devaluation of the Pakistani rupee.

01/12/2008: Global Financial Crisis

The global financial crisis led to a depreciation of the Pakistani rupee against major international currencies due to economic instability.

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.

28/05/1999: Introduction of State Bank of Pakistan

The State Bank of Pakistan was given full autonomous control over the monetary policy, which had a significant impact on the value of the Pakistani rupee.

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.

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.

16/12/1971: Separation of East Pakistan

Following the separation of East Pakistan and the formation of Bangladesh, the Pakistani rupee underwent a major devaluation.

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.

01/07/1955: Replacement of Indian Rupee

The Pakistani rupee replaced the Indian rupee as the official currency of Pakistan after the two countries separated.

17/08/1947: Independence of Pakistan

The Pakistani rupee was introduced as the official currency of Pakistan after the country gained independence from British rule.

Historic Pakistani rupee Tongan paʻanga