Historic Tongan paʻanga Colombian Peso

Tongan paʻanga colombian peso history for January 2024. The highest quote for this month is 1703.69 (17/01/2024) and the lowest 1699.36 (17/01/2024). The difference between high and low is 0.25.

TOP COP average rate for January 2024 is 1674.27074, the change between 01/01/2024 and 31/01/2024 is -0.07 %.

01 January 20241 TOP = 1666.71 COP
02 January 20241 TOP = 1686.69 COP
03 January 20241 TOP = 1682.02 COP
04 January 20241 TOP = 1684.06 COP
05 January 20241 TOP = 1693.60 COP
06 January 20241 TOP = 1676.05 COP
07 January 20241 TOP = 1670.22 COP
08 January 20241 TOP = 1667.32 COP
09 January 20241 TOP = 1658.94 COP
10 January 20241 TOP = 1674.78 COP
11 January 20241 TOP = 1669.32 COP
12 January 20241 TOP = 1687.59 COP
14 January 20241 TOP = 1687.01 COP
15 January 20241 TOP = 1658.55 COP
16 January 20241 TOP = 1683.31 COP
17 January 20241 TOP = 1692.57 COP
18 January 20241 TOP = 1684.45 COP
19 January 20241 TOP = 1665.13 COP
22 January 20241 TOP = 1657.36 COP
23 January 20241 TOP = 1668.14 COP
24 January 20241 TOP = 1691.01 COP
25 January 20241 TOP = 1671.86 COP
26 January 20241 TOP = 1676.82 COP
28 January 20241 TOP = 1661.68 COP
29 January 20241 TOP = 1657.92 COP
30 January 20241 TOP = 1664.36 COP
31 January 20241 TOP = 1667.84 COP

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

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

02/12/2016: Peace Agreement Impact

After the signing of the peace agreement with FARC, the Colombian Peso strengthened and saw improvements in the economy.

29/07/2014: Second Devaluation of the Paʻanga

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

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.

24/07/2001: Exchange rate flexibility

Colombia allowed the Colombian Peso to have a flexible exchange rate, transitioning from a fixed exchange rate system.

21/10/1999: Colombia's Financial Crisis

Colombia faced a financial crisis resulting in a devaluation of the Peso and an economic recession.

04/07/1991: Introduction of a New Peso

A new Peso was introduced with a higher value, replacing the old Peso due to high 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.

12/06/1953: Creation of Banco de la República

The central bank of Colombia, Banco de la República, was established to regulate and control the Colombian Peso.

31/07/1886: Adoption of the Gold Standard

Colombia adopted the gold standard, linking the value of the Peso to gold, stabilizing the currency.

27/05/1837: Introduction of the Peso

The Colombian Peso was introduced as the official currency of Colombia, replacing the Spanish real.
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