Historic Tongan paʻanga Costa Rican colón

Tongan paʻanga costa rican colón history for February 2024. The highest quote for this month is 219.53 (17/02/2024) and the lowest 219.53 (17/02/2024). The difference between high and low is 0.

TOP CRC average rate for February 2024 is 215.09741, the change between 01/02/2024 and 29/02/2024 is -0.65 %.

01 February 20241 TOP = 211.4 CRC
02 February 20241 TOP = 212.6 CRC
03 February 20241 TOP = 218.1 CRC
04 February 20241 TOP = 218.1 CRC
05 February 20241 TOP = 215.1 CRC
06 February 20241 TOP = 213.1 CRC
07 February 20241 TOP = 212.0 CRC
08 February 20241 TOP = 213.6 CRC
09 February 20241 TOP = 217.2 CRC
12 February 20241 TOP = 215.3 CRC
13 February 20241 TOP = 215.7 CRC
14 February 20241 TOP = 214.6 CRC
15 February 20241 TOP = 215.1 CRC
16 February 20241 TOP = 215.7 CRC
17 February 20241 TOP = 219.5 CRC
18 February 20241 TOP = 219.5 CRC
19 February 20241 TOP = 215.3 CRC
20 February 20241 TOP = 215.7 CRC
21 February 20241 TOP = 214.8 CRC
22 February 20241 TOP = 213.0 CRC
23 February 20241 TOP = 213.9 CRC
24 February 20241 TOP = 218.4 CRC
25 February 20241 TOP = 218.4 CRC
26 February 20241 TOP = 212.5 CRC
27 February 20241 TOP = 211.5 CRC
28 February 20241 TOP = 214.9 CRC
29 February 20241 TOP = 212.8 CRC

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.

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.

15/10/2006: New series of banknotes

Costa Rica introduced a new series of banknotes featuring enhanced security features to combat counterfeiting and modernize the colón currency.

21/05/1991: Free-floating exchange rate

Costa Rica transitioned to a floating exchange rate regime, allowing the colón's value to be determined by market forces.

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.

09/11/1961: Introduction of the Monetary Reform

Costa Rica implemented a monetary reform, replacing the old colón with a new one at a rate of 1 to 100, to combat inflation.

30/11/1949: Abolition of the army

After the abolition of the army, the Costa Rican government focused on economic development, leading to stable monetary policies for the colón.

14/12/1917: Establishment of the Central Bank of Costa Rica

The Central Bank of Costa Rica was established to oversee monetary policy, including the management of the colón.

09/04/1896: Adoption of the gold standard

Costa Rica adopted the gold standard, pegging the value of the colón to gold, leading to currency stability.

18/03/1850: Introduction of the Costa Rican colón

The Costa Rican colón was officially introduced as the currency of Costa Rica to replace the Spanish real.
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