Historic Polish Zloty Tongan paʻanga

Polish Zloty tongan paʻanga history for December 2023. The highest quote for this month is 0.60291 (28/12/2023) and the lowest 0.59567 (14/12/2023). The difference between high and low is 1.2.

PLN TOP average rate for December 2023 is 0.59069, the change between 01/12/2023 and 31/12/2023 is -0.83 %.

01 December 20231 PLN = 0.5830 TOP
02 December 20231 PLN = 0.5866 TOP
03 December 20231 PLN = 0.5866 TOP
04 December 20231 PLN = 0.5861 TOP
05 December 20231 PLN = 0.5855 TOP
06 December 20231 PLN = 0.5840 TOP
07 December 20231 PLN = 0.5876 TOP
08 December 20231 PLN = 0.5900 TOP
10 December 20231 PLN = 0.5822 TOP
11 December 20231 PLN = 0.5898 TOP
12 December 20231 PLN = 0.5887 TOP
13 December 20231 PLN = 0.5892 TOP
14 December 20231 PLN = 0.5957 TOP
15 December 20231 PLN = 0.5987 TOP
16 December 20231 PLN = 0.5901 TOP
17 December 20231 PLN = 0.5900 TOP
18 December 20231 PLN = 0.5924 TOP
19 December 20231 PLN = 0.5888 TOP
20 December 20231 PLN = 0.6011 TOP
21 December 20231 PLN = 0.5862 TOP
22 December 20231 PLN = 0.5934 TOP
23 December 20231 PLN = 0.5930 TOP
24 December 20231 PLN = 0.5927 TOP
26 December 20231 PLN = 0.5893 TOP
27 December 20231 PLN = 0.6021 TOP
28 December 20231 PLN = 0.6082 TOP
29 December 20231 PLN = 0.5878 TOP

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

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

03/03/2020: COVID-19 Pandemic Impact

The COVID-19 pandemic caused significant fluctuations in the value of the Polish Zloty, influenced by global economic uncertainties and shocks to foreign trade.

17/11/2014: National Bank of Poland Intervention

The National Bank of Poland intervened in the currency market to weaken the Polish Zloty, aiming to stimulate exports and counter deflationary pressures.

29/07/2014: Second Devaluation of the Paʻanga

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

01/04/2011: Poland Joins the ERM II

Poland's participation in the European Exchange Rate Mechanism II aimed to facilitate converging towards the Euro and maintaining stability for the Polish Zloty.

27/10/2008: Global Financial Crisis

The global financial crisis had repercussions on the Polish Zloty, with the currency experiencing devaluation and higher volatility due to market uncertainty.

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.

01/05/2004: Poland's EU Accession

Poland's accession to the European Union had a profound impact on the Polish Zloty, as it became subject to EU regulations and influenced by the Eurozone.

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.

04/06/1989: Fall of Communism in Poland

The end of communist rule in Poland led to significant economic and currency reforms, including a stabilization program that strengthened the Polish Zloty.

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.

01/01/1950: Introduction of the Polish Zloty

The Polish Zloty was introduced as the official currency of Poland, replacing the old Polish currency. It played a crucial role in rebuilding the post-war economy.