Historic Tongan paʻanga Euro

Tongan paʻanga euro history for February 2024. The highest quote for this month is 0.39996 (20/02/2024) and the lowest 0.39905 (09/02/2024). The difference between high and low is 0.23.

TOP EUR average rate for February 2024 is 0.39465, the change between 01/02/2024 and 29/02/2024 is -0.08 %.

01 February 20241 TOP = 0.3920 EUR
02 February 20241 TOP = 0.3912 EUR
05 February 20241 TOP = 0.3928 EUR
06 February 20241 TOP = 0.3933 EUR
07 February 20241 TOP = 0.3908 EUR
08 February 20241 TOP = 0.3932 EUR
09 February 20241 TOP = 0.3997 EUR
12 February 20241 TOP = 0.3962 EUR
13 February 20241 TOP = 0.3975 EUR
14 February 20241 TOP = 0.3979 EUR
15 February 20241 TOP = 0.3976 EUR
16 February 20241 TOP = 0.3968 EUR
18 February 20241 TOP = 0.3965 EUR
19 February 20241 TOP = 0.3964 EUR
20 February 20241 TOP = 0.3995 EUR
21 February 20241 TOP = 0.3963 EUR
22 February 20241 TOP = 0.3935 EUR
23 February 20241 TOP = 0.3936 EUR
25 February 20241 TOP = 0.3938 EUR
26 February 20241 TOP = 0.3919 EUR
27 February 20241 TOP = 0.3890 EUR
28 February 20241 TOP = 0.3953 EUR
29 February 20241 TOP = 0.3924 EUR

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

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

13/07/2015: Greek debt bailout agreement

A third bailout deal was reached between Greece and its creditors, avoiding a potential Greek exit from the Eurozone.

29/07/2014: Second Devaluation of the Paʻanga

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

02/05/2010: Greek debt crisis

Greece's financial crisis threatened the stability of the Eurozone, requiring massive bailout packages to prevent a default.

15/10/2008: Global financial crisis

The Euro faced significant economic challenges following the collapse of Lehman Brothers, leading to a recession in many Eurozone countries.

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.

01/05/2004: Eurozone expansion

10 more countries joined the Eurozone, bringing the total number of participating countries to 24.

01/01/2002: Euro banknotes and coins

Physical banknotes and coins in Euro were introduced, replacing national currencies in 12 European countries.

01/01/1999: Introduction of the Euro

The Euro was officially introduced as an electronic currency for banking and financial transactions.

07/02/1992: The Maastricht Treaty

The treaty was signed, which officially established the European Union and laid the groundwork for the creation of the Euro.

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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