Tongan paʻanga hong kong dollar exchange rate history (TOP HKD) December 2023

Tongan paʻanga hong kong dollar history for December 2023. The highest quote for this month is 3.3809 (29/12/2023) and the lowest 3.3927 (30/12/2023). The difference between high and low is -0.35.

TOP HKD average rate for December 2023 is 3.33578, the change between 01/12/2023 and 31/12/2023 is -1.15 %.

01 December 2023	1 TOP = 3.354 HKD
02 December 2023	1 TOP = 3.356 HKD
03 December 2023	1 TOP = 3.356 HKD
04 December 2023	1 TOP = 3.356 HKD
05 December 2023	1 TOP = 3.344 HKD
06 December 2023	1 TOP = 3.346 HKD
07 December 2023	1 TOP = 3.307 HKD
08 December 2023	1 TOP = 3.304 HKD
10 December 2023	1 TOP = 3.334 HKD
11 December 2023	1 TOP = 3.295 HKD
12 December 2023	1 TOP = 3.294 HKD
13 December 2023	1 TOP = 3.309 HKD
14 December 2023	1 TOP = 3.322 HKD
15 December 2023	1 TOP = 3.330 HKD
16 December 2023	1 TOP = 3.328 HKD
17 December 2023	1 TOP = 3.328 HKD
18 December 2023	1 TOP = 3.313 HKD
19 December 2023	1 TOP = 3.348 HKD
20 December 2023	1 TOP = 3.296 HKD
21 December 2023	1 TOP = 3.357 HKD
22 December 2023	1 TOP = 3.351 HKD
23 December 2023	1 TOP = 3.352 HKD
24 December 2023	1 TOP = 3.352 HKD
26 December 2023	1 TOP = 3.371 HKD
27 December 2023	1 TOP = 3.311 HKD
28 December 2023	1 TOP = 3.304 HKD
29 December 2023	1 TOP = 3.394 HKD
30 December 2023	1 TOP = 3.393 HKD

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.

18/05/2005: Removal of Ten Hong Kong Dollars Note

The Hong Kong Monetary Authority announced the removal of the HKD 10 paper note from circulation, encouraging the usage of electronic payment methods and reducing printing costs.

01/07/1997: Hong Kong's Handover to China

Hong Kong was officially handed over to China, marking the end of British colonial rule but maintaining the Hong Kong Dollar as its currency under the 'one country, two systems' principle.

17/10/1991: Linked Exchange Rate System

The Linked Exchange Rate System (LERS) was implemented, establishing a narrow trading range of HKD 7.75 to 7.85 against the U.S. Dollar, backed by stringent measures to maintain stability.

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.

31/12/1983: Joint Declaration on the Future of Hong Kong

The Sino-British Joint Declaration was signed, affirming Hong Kong's return to China in 1997 and ensuring the continuity of the Hong Kong Dollar as its official currency.

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.

22/05/1972: Pegging to the U.S. Dollar

As the British Pound faced pressures in the foreign exchange market, Hong Kong decided to switch the peg to the U.S. Dollar at a rate of HKD 5.65 to USD 1.

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.

12/09/1935: Pegging to the Sterling

The Hong Kong Dollar was pegged to the British Pound (Sterling) at a fixed exchange rate of HKD 16 to GBP 1, which helped stabilize the currency.

01/01/1863: Introduction of the Hong Kong Dollar

The Hong Kong Dollar was first introduced as an official currency by the British colonial government to facilitate trade and commerce in Hong Kong.

Historic Tongan paʻanga Hong Kong dollar