Historic Tongan paʻanga Brazilian Real

Tongan paʻanga brazilian real history for December 2023. The highest quote for this month is 2.1282 (15/12/2023) and the lowest 2.1173 (18/12/2023). The difference between high and low is 0.51.

TOP BRL average rate for December 2023 is 2.09079, the change between 01/12/2023 and 31/12/2023 is +0.33 %.

01 December 20231 TOP = 2.114 BRL
02 December 20231 TOP = 2.092 BRL
03 December 20231 TOP = 2.096 BRL
04 December 20231 TOP = 2.105 BRL
05 December 20231 TOP = 2.115 BRL
06 December 20231 TOP = 2.108 BRL
07 December 20231 TOP = 2.075 BRL
08 December 20231 TOP = 2.077 BRL
10 December 20231 TOP = 2.104 BRL
11 December 20231 TOP = 2.065 BRL
12 December 20231 TOP = 2.083 BRL
13 December 20231 TOP = 2.104 BRL
14 December 20231 TOP = 2.092 BRL
15 December 20231 TOP = 2.096 BRL
16 December 20231 TOP = 2.107 BRL
17 December 20231 TOP = 2.107 BRL
18 December 20231 TOP = 2.089 BRL
19 December 20231 TOP = 2.103 BRL
20 December 20231 TOP = 2.056 BRL
21 December 20231 TOP = 2.113 BRL
22 December 20231 TOP = 2.095 BRL
23 December 20231 TOP = 2.082 BRL
24 December 20231 TOP = 2.082 BRL
26 December 20231 TOP = 2.102 BRL
27 December 20231 TOP = 2.041 BRL
28 December 20231 TOP = 2.042 BRL
29 December 20231 TOP = 2.107 BRL

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

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

15/08/2018: Elections and Political Uncertainty

The Real experienced significant volatility leading up to the Presidential elections, responding to political developments and market sentiment.

22/01/2015: Real Hits 10-Year Low

The Real reached its lowest level against the US dollar in a decade, primarily due to a decline in commodity prices and economic concerns.

29/07/2014: Second Devaluation of the Paʻanga

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

15/09/2008: Global Financial Crisis Impact

As a consequence of the global financial crisis, the Brazilian Real faced a sharp depreciation against major currencies due to capital outflows and risk aversion.

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.

27/07/2005: New Currency Symbol

The Central Bank of Brazil announced a public competition to select a new currency symbol, which resulted in the adoption of the official symbol for the Real.

18/06/2002: Exchange Rate Floatation

The Brazilian government allowed the Real to float freely against other currencies, abandoning the controlled exchange rate regime.

15/01/1999: Devaluation of the Real

Due to the Russian financial crisis and the Asian financial crisis, the government devalued the Real by around 8% to boost exports and stimulate the economy.

01/07/1994: Introduction of the Real Plan

The Brazilian real was established as the official currency, replacing the hyperinflation-ridden Cruzeiro Real. It aimed to stabilize the economy and combat inflation.

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.
TOP BRL July 2023
TOP BRL August 2023
TOP BRL September 2023
TOP BRL October 2023
TOP BRL November 2023
TOP BRL December 2023
TOP BRL January 2024
TOP BRL February 2024
TOP BRL March 2024
TOP BRL April 2024
TOP BRL May 2024
TOP BRL June 2024
TOP BRL July 2024