Papua New Guinean Kina tongan paʻanga exchange rate history (PGK TOP) January 2024

Papua New Guinean Kina tongan paʻanga history for January 2024. The highest quote for this month is 0.64439 (23/01/2024) and the lowest 0.64976 (25/01/2024). The difference between high and low is -0.83.

PGK TOP average rate for January 2024 is 0.6399, the change between 01/01/2024 and 31/01/2024 is -5.24 %.

01 January 2024	1 PGK = 0.6194 TOP
02 January 2024	1 PGK = 0.6190 TOP
03 January 2024	1 PGK = 0.6409 TOP
04 January 2024	1 PGK = 0.6417 TOP
05 January 2024	1 PGK = 0.6427 TOP
06 January 2024	1 PGK = 0.6222 TOP
08 January 2024	1 PGK = 0.6364 TOP
09 January 2024	1 PGK = 0.6472 TOP
10 January 2024	1 PGK = 0.6426 TOP
11 January 2024	1 PGK = 0.6348 TOP
12 January 2024	1 PGK = 0.6334 TOP
15 January 2024	1 PGK = 0.6373 TOP
16 January 2024	1 PGK = 0.6346 TOP
17 January 2024	1 PGK = 0.6357 TOP
18 January 2024	1 PGK = 0.6483 TOP
19 January 2024	1 PGK = 0.6497 TOP
22 January 2024	1 PGK = 0.6373 TOP
23 January 2024	1 PGK = 0.6466 TOP
24 January 2024	1 PGK = 0.6493 TOP
25 January 2024	1 PGK = 0.6498 TOP
26 January 2024	1 PGK = 0.6519 TOP
29 January 2024	1 PGK = 0.6304 TOP
30 January 2024	1 PGK = 0.6546 TOP
31 January 2024	1 PGK = 0.6518 TOP

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

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

24/03/2020: COVID-19 Economic Impact

The COVID-19 pandemic had a significant impact on the Papua New Guinean economy and the value of the Kina, leading to economic challenges and policy interventions.

19/11/2018: Launch of New Kina Notes and Coins

The Bank of Papua New Guinea launched a new series of Kina banknotes and coins, featuring enhanced security features and improved design.

29/07/2014: Second Devaluation of the Paʻanga

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

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.

08/05/1995: Introduction of Polymer Banknotes

Polymer banknotes were introduced in Papua New Guinea, replacing the traditional paper banknotes and providing increased durability.

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.

28/07/1989: Kina Floats in Foreign Exchange Market

The Papua New Guinean Kina was allowed to float freely in the foreign exchange market, leading to fluctuations in its value.

03/02/1976: First Kina Banknotes Issued

The Bank of Papua New Guinea issued the first series of Kina banknotes, featuring unique designs and local elements.

19/12/1975: Independence from Australia

Papua New Guinea gained independence, leading to the introduction of the Papua New Guinean Kina as its currency.

19/12/1975: Introduction of the Kina

The Papua New Guinean Kina was officially introduced as the national currency, replacing the Australian Dollar at a rate of 2 Kina to 1 Australian Dollar.

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.

Historic Papua New Guinean Kina Tongan paʻanga