Historic Tongan paʻanga Iranian Rial

Tongan paʻanga iranian rial history for November 2023. The highest quote for this month is 17930.3 (30/11/2023) and the lowest 18816.4 (06/11/2023). The difference between high and low is -4.94.

TOP IRR average rate for November 2023 is 17871.44167, the change between 01/11/2023 and 30/11/2023 is -1.88 %.

01 November 20231 TOP = 17652.40 IRR
06 November 20231 TOP = 18827.60 IRR
07 November 20231 TOP = 18816.40 IRR
08 November 20231 TOP = 17779.30 IRR
09 November 20231 TOP = 17880.90 IRR
10 November 20231 TOP = 17780.80 IRR
12 November 20231 TOP = 17780.80 IRR
13 November 20231 TOP = 17738.70 IRR
14 November 20231 TOP = 17757.50 IRR
15 November 20231 TOP = 17860.90 IRR
16 November 20231 TOP = 17763.50 IRR
17 November 20231 TOP = 17711.10 IRR
18 November 20231 TOP = 17700.60 IRR
19 November 20231 TOP = 17700.60 IRR
20 November 20231 TOP = 17658.20 IRR
21 November 20231 TOP = 17690.30 IRR
22 November 20231 TOP = 17605.80 IRR
23 November 20231 TOP = 17605.80 IRR
24 November 20231 TOP = 17864.70 IRR
26 November 20231 TOP = 17864.70 IRR
27 November 20231 TOP = 17913.50 IRR
28 November 20231 TOP = 17982.50 IRR
29 November 20231 TOP = 17993.20 IRR
30 November 20231 TOP = 17984.80 IRR

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

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

23/02/2020: COVID-19 Pandemic's Impact on the Iranian Rial

The COVID-19 pandemic, along with economic challenges, caused further depreciation of the Iranian Rial (IRR) against major currencies.

10/04/2018: Revaluation of the Iranian Rial

Iran's government announced a new currency exchange rate, devaluing the Iranian Rial (IRR) against foreign currencies.

29/07/2014: Second Devaluation of the Paʻanga

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

24/09/2012: Imposition of International Sanctions on Iran

International sanctions were imposed on Iran, leading to a significant decline in the value of the Iranian Rial (IRR).

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.

24/05/1989: Introduction of the Two-Tier Exchange Rate System

Iran implemented a two-tier exchange rate system, with different rates for essential goods and non-essential imports.

26/10/1975: Floating of the Iranian Rial

The Iranian Rial (IRR) was allowed to float against foreign currencies, marking the end of the fixed exchange rate system.

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.

01/09/1957: Decimalization of the Iranian Rial

The Iranian Rial (IRR) was decimalized, dividing one Toman into 10 Rials to simplify the currency system.

01/04/1932: Introduction of the Iranian Rial

The Iranian Rial (IRR) was introduced as the official currency of Iran after replacing the Qiran.
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