Historic Tongan paʻanga Czech koruna

Tongan paʻanga czech koruna history for February 2024. The highest quote for this month is 10.186 (20/02/2024) and the lowest 10.123 (20/02/2024). The difference between high and low is 0.62.

TOP CZK average rate for February 2024 is 9.94667, the change between 01/02/2024 and 29/02/2024 is -2.01 %.

01 February 20241 TOP = 9.72 CZK
02 February 20241 TOP = 9.71 CZK
03 February 20241 TOP = 9.83 CZK
04 February 20241 TOP = 9.82 CZK
05 February 20241 TOP = 9.79 CZK
06 February 20241 TOP = 9.80 CZK
07 February 20241 TOP = 9.73 CZK
08 February 20241 TOP = 9.81 CZK
09 February 20241 TOP = 10.08 CZK
12 February 20241 TOP = 9.99 CZK
13 February 20241 TOP = 10.02 CZK
14 February 20241 TOP = 10.07 CZK
15 February 20241 TOP = 10.09 CZK
16 February 20241 TOP = 10.05 CZK
17 February 20241 TOP = 10.10 CZK
18 February 20241 TOP = 10.08 CZK
19 February 20241 TOP = 10.08 CZK
20 February 20241 TOP = 10.17 CZK
21 February 20241 TOP = 10.05 CZK
22 February 20241 TOP = 9.95 CZK
23 February 20241 TOP = 9.97 CZK
24 February 20241 TOP = 9.98 CZK
25 February 20241 TOP = 9.96 CZK
26 February 20241 TOP = 9.93 CZK
27 February 20241 TOP = 9.86 CZK
28 February 20241 TOP = 10.01 CZK
29 February 20241 TOP = 9.92 CZK

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

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

05/04/2016: End of currency intervention

The Czech National Bank ended its currency intervention policy, allowing the koruna to float freely and be determined by market forces.

29/07/2014: Second Devaluation of the Paʻanga

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

06/11/2013: Currency intervention

The Czech National Bank implemented a currency intervention policy to weaken the koruna and stimulate the country's economy.

09/10/2008: Global financial crisis impact

The koruna experienced significant depreciation during the global financial crisis, reflecting the economic challenges faced by the Czech Republic.

14/03/2008: Currency Redenomination

Tonga redenominated its currency, removing three zeros from the paʻanga to simplify monetary transactions.

30/04/2007: EU membership benefits

The Czech Republic became a member of the European Union's economic and monetary union, allowing for greater stability and cooperation for the koruna.

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.

30/04/2004: EU Accession

The Czech Republic joined the European Union, paving the way for further integration of the koruna with European monetary policies.

30/06/1993: Currency conversion

The Czech Republic adopted a new currency regime, shifting from a fixed exchange rate to a floating exchange rate for the koruna.

07/02/1993: Establishment of Czech koruna

The Czech koruna was introduced as the official currency of the Czech Republic following the dissolution of Czechoslovakia.

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.
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