Historic Tongan paʻanga Liberian dollar

Tongan paʻanga liberian dollar history for February 2024. The highest quote for this month is 81.572 (20/02/2024) and the lowest 81.953 (20/02/2024). The difference between high and low is -0.47.

TOP LRD average rate for February 2024 is 80.6728, the change between 01/02/2024 and 29/02/2024 is -0.83 %.

01 February 20241 TOP = 80.05 LRD
02 February 20241 TOP = 80.41 LRD
03 February 20241 TOP = 80.50 LRD
04 February 20241 TOP = 80.50 LRD
05 February 20241 TOP = 80.07 LRD
06 February 20241 TOP = 79.88 LRD
07 February 20241 TOP = 79.46 LRD
08 February 20241 TOP = 80.11 LRD
09 February 20241 TOP = 81.41 LRD
12 February 20241 TOP = 80.95 LRD
13 February 20241 TOP = 81.01 LRD
14 February 20241 TOP = 80.74 LRD
15 February 20241 TOP = 80.85 LRD
16 February 20241 TOP = 80.98 LRD
17 February 20241 TOP = 81.05 LRD
19 February 20241 TOP = 80.98 LRD
20 February 20241 TOP = 81.57 LRD
21 February 20241 TOP = 81.24 LRD
22 February 20241 TOP = 80.72 LRD
23 February 20241 TOP = 80.84 LRD
24 February 20241 TOP = 80.85 LRD
26 February 20241 TOP = 80.46 LRD
27 February 20241 TOP = 80.11 LRD
28 February 20241 TOP = 81.36 LRD
29 February 20241 TOP = 80.71 LRD

29/06/2020: Introduction of New Banknotes

Liberia introduces new banknotes with enhanced security features to combat counterfeiting and improve confidence in the currency.

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.

14/10/2000: ECOWAS Intervention

ECOWAS forces intervene in Liberia, leading to improved stability and gradual recovery of the Liberian dollar.

19/07/1997: Liberian Dollar Depreciation

The Liberian dollar experiences a significant depreciation due to economic mismanagement and the aftermath of the civil war.

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.

26/01/1982: Liberian Civil War Begins

The Liberian civil war begins, leading to significant economic instability and devaluation of the Liberian 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.

23/03/1907: Liberian Dollar Pegged to US Dollar

The Liberian dollar is pegged to the U.S. dollar at a ratio of 2:1, maintaining a fixed exchange rate for many years.

10/07/1849: Introduction of Liberian Dollar

The Liberian dollar is introduced as the official currency of Liberia, replacing the use of foreign currencies in the country.

26/07/1847: Liberian Independence

Liberia declares independence from the American Colonization Society, establishing the first republic in Africa.
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