01/04/2020: 50th Anniversary of the Paʻanga
Tonga celebrated the 50th anniversary of the introduction of the paʻanga as its national currency.
01/07/2019: Redenomination of the Belarusian Ruble
Belarusian ruble undergoes another redenomination, with 10,000 old rubles being exchanged for 1 new ruble.
01/12/2016: Introduction of new 20 and 50 ruble banknotes
New banknotes with improved security features and modern designs are introduced in denominations of 20 and 50 rubles.
29/07/2014: Second Devaluation of the Paʻanga
Another devaluation occurred, this time by 20%, as part of Tonga's economic reform program.
20/05/2009: Devaluation of the Belarusian Ruble
Due to economic crisis, the Belarusian ruble devalues by approximately 20% against major foreign currencies.
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.
28/05/2000: Introduction of New Coins
New coins, denominated in kopeks, are introduced alongside the ruble banknotes.
30/06/1998: Introduction of New Banknotes
New series of banknotes is introduced, featuring improved security features and designs.
24/05/1994: Belarusian Ruble Redenomination
To stabilize the currency, the Belarusian ruble undergoes a redenomination, with 10,000 old rubles being exchanged for 1 new ruble.
20/05/1992: Introduction of the Belarusian Ruble
The Belarusian Ruble is introduced as the official currency of Belarus, replacing the Soviet ruble at a rate of 1 Belarusian ruble to 10 Soviet rubles.
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.
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.