Historic Tongan paʻanga Barbadian dollar

Tongan paʻanga barbadian dollar history for January 2024. The highest quote for this month is 0.86173 (14/01/2024) and the lowest 0.86434 (06/01/2024). The difference between high and low is -0.3.

TOP BBD average rate for January 2024 is 0.84734, the change between 01/01/2024 and 31/01/2024 is +2.3 %.

01 January 20241 TOP = 0.8593 BBD
02 January 20241 TOP = 0.8599 BBD
03 January 20241 TOP = 0.8542 BBD
04 January 20241 TOP = 0.8520 BBD
05 January 20241 TOP = 0.8510 BBD
06 January 20241 TOP = 0.8625 BBD
07 January 20241 TOP = 0.8595 BBD
08 January 20241 TOP = 0.8469 BBD
09 January 20241 TOP = 0.8427 BBD
10 January 20241 TOP = 0.8389 BBD
11 January 20241 TOP = 0.8372 BBD
12 January 20241 TOP = 0.8505 BBD
14 January 20241 TOP = 0.8617 BBD
15 January 20241 TOP = 0.8452 BBD
16 January 20241 TOP = 0.8489 BBD
17 January 20241 TOP = 0.8470 BBD
18 January 20241 TOP = 0.8400 BBD
19 January 20241 TOP = 0.8383 BBD
22 January 20241 TOP = 0.8444 BBD
23 January 20241 TOP = 0.8436 BBD
24 January 20241 TOP = 0.8430 BBD
25 January 20241 TOP = 0.8427 BBD
26 January 20241 TOP = 0.8407 BBD
28 January 20241 TOP = 0.8517 BBD
29 January 20241 TOP = 0.8411 BBD
30 January 20241 TOP = 0.8358 BBD
31 January 20241 TOP = 0.8395 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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