Historic Romanian leu Tongan paʻanga

Romanian leu tongan paʻanga history for November 2023. The highest quote for this month is 0.5239 (21/11/2023) and the lowest 0.52149 (19/11/2023). The difference between high and low is 0.46.

RON TOP average rate for November 2023 is 0.5127, the change between 01/11/2023 and 30/11/2023 is -1.71 %.

01 November 20231 RON = 0.5076 TOP
06 November 20231 RON = 0.4821 TOP
07 November 20231 RON = 0.4821 TOP
08 November 20231 RON = 0.5119 TOP
09 November 20231 RON = 0.5097 TOP
10 November 20231 RON = 0.5076 TOP
12 November 20231 RON = 0.5082 TOP
13 November 20231 RON = 0.5082 TOP
14 November 20231 RON = 0.5098 TOP
15 November 20231 RON = 0.5151 TOP
16 November 20231 RON = 0.5171 TOP
17 November 20231 RON = 0.5189 TOP
19 November 20231 RON = 0.5214 TOP
20 November 20231 RON = 0.5210 TOP
21 November 20231 RON = 0.5235 TOP
22 November 20231 RON = 0.5249 TOP
23 November 20231 RON = 0.5234 TOP
24 November 20231 RON = 0.5164 TOP
26 November 20231 RON = 0.5176 TOP
27 November 20231 RON = 0.5165 TOP
28 November 20231 RON = 0.5154 TOP
29 November 20231 RON = 0.5176 TOP
30 November 20231 RON = 0.5163 TOP

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

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

01/04/2019: Romania plans to adopt the euro

The Romanian government announces its intention to join the Eurozone and set a target date for adopting the euro as the 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.

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.

01/06/2005: Currency redenomination

Romania underwent a currency redenomination, with 10,000 old lei being exchanged for 1 new leu, to simplify transactions and eliminate zeros.

01/07/2003: Romania joins EU Accession

As part of joining the European Union, Romania pledges to adopt the euro in the future, aiming for greater economic integration.

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.

28/02/1991: End of communist era

As communism collapsed, Romania undergoes economic reforms and introduces a free-floating exchange rate system for the leu.

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.

30/12/1947: Communist regime introduces new leu

In an attempt to devalue the currency and control the economy, the Communist regime introduces a new leu at a ratio of 1:20,000.

01/03/1901: Introduction of the gold standard

Romanian leu was tied to the gold standard, ensuring the stability of the currency and attracting foreign investments.

01/04/1867: Creation of the Romanian leu

The leu was established as the official currency of Romania, replacing the previous currencies in circulation.