Historic Tongan paʻanga Barbadian dollar

Tongan paʻanga barbadian dollar history for February 2024. The highest quote for this month is 0.8551 (17/02/2024) and the lowest 0.8551 (17/02/2024). The difference between high and low is 0.

TOP BBD average rate for February 2024 is 0.84318, the change between 01/02/2024 and 29/02/2024 is -0.38 %.

01 February 20241 TOP = 0.8342 BBD
02 February 20241 TOP = 0.8391 BBD
03 February 20241 TOP = 0.8509 BBD
04 February 20241 TOP = 0.8509 BBD
05 February 20241 TOP = 0.8432 BBD
06 February 20241 TOP = 0.8342 BBD
07 February 20241 TOP = 0.8299 BBD
08 February 20241 TOP = 0.8361 BBD
09 February 20241 TOP = 0.8502 BBD
12 February 20241 TOP = 0.8433 BBD
13 February 20241 TOP = 0.8445 BBD
14 February 20241 TOP = 0.8405 BBD
15 February 20241 TOP = 0.8415 BBD
16 February 20241 TOP = 0.8430 BBD
17 February 20241 TOP = 0.8551 BBD
18 February 20241 TOP = 0.8551 BBD
19 February 20241 TOP = 0.8435 BBD
20 February 20241 TOP = 0.8490 BBD
21 February 20241 TOP = 0.8454 BBD
22 February 20241 TOP = 0.8399 BBD
23 February 20241 TOP = 0.8409 BBD
24 February 20241 TOP = 0.8521 BBD
25 February 20241 TOP = 0.8521 BBD
26 February 20241 TOP = 0.8359 BBD
27 February 20241 TOP = 0.8325 BBD
28 February 20241 TOP = 0.8455 BBD
29 February 20241 TOP = 0.8373 BBD

26/06/2020: Currency peg under review

Barbados announced that it would review the decades-long currency peg of 2:1 with the US dollar, considering a shift to a floating exchange rate.

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.

05/08/2013: Devaluation of currency

Barbados devalued its currency by 10% to stimulate economic growth and competitiveness.

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.

24/07/1995: New currency design

Barbados introduced a new design for its currency, featuring national symbols and landmarks.

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.

05/05/1975: Introduction of decimalization

Barbados introduced decimalization, dividing the Barbadian Dollar into 100 cents.

01/01/1973: Fixed exchange rate

Barbados fixed its currency exchange rate to the US dollar at a rate of 2 Barbadian Dollars to 1 US Dollar.

03/07/1972: Barbados gains independence

Barbados gained independence from British rule, leading to the establishment of the Central Bank of Barbados.

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.

01/10/1935: Introduction of Barbadian Dollar

The Barbadian Dollar was introduced as the official currency of Barbados, replacing the East Caribbean dollar.
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