Historic Tongan paʻanga Gibraltar pound

Tongan paʻanga gibraltar pound history for November 2023. The highest quote for this month is 0.34622 (12/11/2023) and the lowest 0.3632 (07/11/2023). The difference between high and low is -4.9.

TOP GIP average rate for November 2023 is 0.34205, the change between 01/11/2023 and 30/11/2023 is +2.12 %.

01 November 20231 TOP = 0.3460 GIP
06 November 20231 TOP = 0.3615 GIP
07 November 20231 TOP = 0.3641 GIP
08 November 20231 TOP = 0.3433 GIP
09 November 20231 TOP = 0.3452 GIP
10 November 20231 TOP = 0.3462 GIP
11 November 20231 TOP = 0.3462 GIP
12 November 20231 TOP = 0.3462 GIP
13 November 20231 TOP = 0.3449 GIP
14 November 20231 TOP = 0.3400 GIP
15 November 20231 TOP = 0.3417 GIP
16 November 20231 TOP = 0.3400 GIP
17 November 20231 TOP = 0.3381 GIP
18 November 20231 TOP = 0.3380 GIP
19 November 20231 TOP = 0.3380 GIP
20 November 20231 TOP = 0.3369 GIP
21 November 20231 TOP = 0.3352 GIP
22 November 20231 TOP = 0.3341 GIP
23 November 20231 TOP = 0.3340 GIP
24 November 20231 TOP = 0.3374 GIP
27 November 20231 TOP = 0.3375 GIP
28 November 20231 TOP = 0.3385 GIP
29 November 20231 TOP = 0.3375 GIP
30 November 20231 TOP = 0.3387 GIP

01/10/2022: Transition to digital currency

Gibraltar announced the introduction of a digital currency pegged 1:1 to the Gibraltar pound, making it one of the first jurisdictions to do so.

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

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

15/08/2019: Commencement of polymer £50 issuance

Polymer £50 banknotes were introduced, replacing the older paper £50 notes.

26/06/2018: New £100 banknote issued

A new £100 banknote featuring the image of Sir Joshua Hassan, first Chief Minister of Gibraltar, was issued.

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.

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.

06/11/1988: Introduction of polymer banknotes

Polymer banknotes were introduced in Gibraltar, enhancing durability and counterfeit resilience.

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.

15/02/1971: Currency tied to British pound

The Gibraltar pound became pegged to the British pound at a rate of 1:1, ensuring stability and ease of trade.

23/06/1969: Currency switch to decimalization

Gibraltar switched from the pound shilling pence system to a decimalized currency, with 100 pence equal to 1 pound.

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.

07/03/1927: Introduction of Gibraltar pound

The Gibraltar pound was first introduced as the official currency of Gibraltar, replacing the Spanish peseta.