Historic Tongan paʻanga Bermudian dollar

Tongan paʻanga bermudian dollar history for January 2024. The highest quote for this month is 0.43448 (01/01/2024) and the lowest 0.43448 (01/01/2024). The difference between high and low is 0.

TOP BMD average rate for January 2024 is 0.42856, the change between 01/01/2024 and 31/01/2024 is +2.06 %.

01 January 20241 TOP = 0.4345 BMD
02 January 20241 TOP = 0.4344 BMD
03 January 20241 TOP = 0.4327 BMD
04 January 20241 TOP = 0.4322 BMD
05 January 20241 TOP = 0.4313 BMD
06 January 20241 TOP = 0.4313 BMD
07 January 20241 TOP = 0.4298 BMD
08 January 20241 TOP = 0.4304 BMD
09 January 20241 TOP = 0.4273 BMD
10 January 20241 TOP = 0.4253 BMD
11 January 20241 TOP = 0.4243 BMD
12 January 20241 TOP = 0.4309 BMD
14 January 20241 TOP = 0.4309 BMD
15 January 20241 TOP = 0.4289 BMD
16 January 20241 TOP = 0.4306 BMD
17 January 20241 TOP = 0.4287 BMD
18 January 20241 TOP = 0.4258 BMD
19 January 20241 TOP = 0.4248 BMD
22 January 20241 TOP = 0.4283 BMD
23 January 20241 TOP = 0.4277 BMD
24 January 20241 TOP = 0.4275 BMD
25 January 20241 TOP = 0.4272 BMD
26 January 20241 TOP = 0.4259 BMD
28 January 20241 TOP = 0.4259 BMD
29 January 20241 TOP = 0.4259 BMD
30 January 20241 TOP = 0.4239 BMD
31 January 20241 TOP = 0.4256 BMD

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

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

01/01/2019: Switch to the Bermuda dollar symbol

Bermuda officially adopted a new currency symbol for the Bermudian dollar, replacing the British pound sign used previously.

16/03/2015: Redesign of banknotes

The Bermuda Monetary Authority unveiled a redesigned series of banknotes featuring enhanced security features and updated designs.

29/07/2014: Second Devaluation of the Paʻanga

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

01/05/2012: Introduction of polymer banknotes

Bermuda introduced polymer banknotes to replace paper currency for better durability and security.

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.

01/01/1997: Incorporation into Federal Reserve System

The US Federal Reserve System incorporated the Bermuda Monetary Authority into its banking system.

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.

06/01/1982: New notes and coins

Bermuda issued new notes and coins, featuring iconic local sights, to commemorate its 375th anniversary.

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.

25/02/1972: Introduction of decimal coins

Bermuda introduced a decimal currency system, replacing the old pounds, shillings, and pence.

06/07/1970: Currency Board Agreement

Bermuda established a Currency Board System, pegging the Bermudian dollar at par with the US dollar.

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.
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