Historic Tongan paʻanga Kuwaiti Dinar

Tongan paʻanga kuwaiti dinar history for February 2024. The highest quote for this month is 0.13253 (20/02/2024) and the lowest 0.13286 (20/02/2024). The difference between high and low is -0.25.

TOP KWD average rate for February 2024 is 0.13095, the change between 01/02/2024 and 29/02/2024 is -0.45 %.

01 February 20241 TOP = 0.1300 KWD
02 February 20241 TOP = 0.1306 KWD
03 February 20241 TOP = 0.1307 KWD
04 February 20241 TOP = 0.1307 KWD
05 February 20241 TOP = 0.1300 KWD
06 February 20241 TOP = 0.1298 KWD
07 February 20241 TOP = 0.1292 KWD
08 February 20241 TOP = 0.1303 KWD
09 February 20241 TOP = 0.1325 KWD
12 February 20241 TOP = 0.1315 KWD
13 February 20241 TOP = 0.1316 KWD
14 February 20241 TOP = 0.1311 KWD
15 February 20241 TOP = 0.1313 KWD
16 February 20241 TOP = 0.1315 KWD
17 February 20241 TOP = 0.1317 KWD
18 February 20241 TOP = 0.1317 KWD
19 February 20241 TOP = 0.1315 KWD
20 February 20241 TOP = 0.1324 KWD
21 February 20241 TOP = 0.1317 KWD
22 February 20241 TOP = 0.1308 KWD
23 February 20241 TOP = 0.1309 KWD
24 February 20241 TOP = 0.1310 KWD
25 February 20241 TOP = 0.1310 KWD
26 February 20241 TOP = 0.1303 KWD
27 February 20241 TOP = 0.1297 KWD
28 February 20241 TOP = 0.1317 KWD
29 February 20241 TOP = 0.1306 KWD

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.

20/05/2007: Kuwaiti Dinar Redenominated

The Kuwaiti Dinar underwent a redenomination, with the introduction of new banknotes and removal of three zeros from the currency.

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.

20/03/2003: US Invasion of Iraq

The United States and its allies invaded Iraq, leading to a period of uncertainty and affecting the value of the Kuwaiti Dinar.

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.

25/03/1991: Kuwait Liberated

Coalition forces led by the United States liberated Kuwait from Iraqi occupation, restoring stability to the country and its currency.

02/08/1990: Iraqi Invasion of Kuwait

Iraqi forces invaded Kuwait, leading to the Gulf War and causing a significant decline in the value of the Kuwaiti Dinar.

16/09/1980: Iraq-Iran War Begins

The Iraq-Iran War started, leading to economic instability in the region and affecting the value of the Kuwaiti Dinar.

20/10/1975: Kuwait Dinar Pegged to Special Drawing Rights (SDR)

Kuwait pegged its currency to a basket of international currencies known as Special Drawing Rights (SDR) instead of the US Dollar.

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.

02/01/1961: Kuwaiti Dinar Introduced

The Kuwaiti Dinar (KWD) was officially introduced as the currency of Kuwait, replacing the Gulf Rupee.
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