Historic Tongan paʻanga Moroccan dirham

Tongan paʻanga moroccan dirham history for January 2024. The highest quote for this month is 4.2924 (14/01/2024) and the lowest 4.2768 (07/01/2024). The difference between high and low is 0.36.

TOP MAD average rate for January 2024 is 4.22053, the change between 01/01/2024 and 31/01/2024 is -1.96 %.

01 January 20241 TOP = 4.175 MAD
02 January 20241 TOP = 4.178 MAD
03 January 20241 TOP = 4.295 MAD
04 January 20241 TOP = 4.290 MAD
05 January 20241 TOP = 4.267 MAD
06 January 20241 TOP = 4.289 MAD
07 January 20241 TOP = 4.262 MAD
08 January 20241 TOP = 4.135 MAD
09 January 20241 TOP = 4.241 MAD
10 January 20241 TOP = 4.100 MAD
11 January 20241 TOP = 4.220 MAD
12 January 20241 TOP = 4.285 MAD
14 January 20241 TOP = 4.285 MAD
15 January 20241 TOP = 4.133 MAD
16 January 20241 TOP = 4.149 MAD
17 January 20241 TOP = 4.150 MAD
18 January 20241 TOP = 4.252 MAD
19 January 20241 TOP = 4.243 MAD
22 January 20241 TOP = 4.123 MAD
23 January 20241 TOP = 4.251 MAD
24 January 20241 TOP = 4.266 MAD
25 January 20241 TOP = 4.252 MAD
26 January 20241 TOP = 4.250 MAD
28 January 20241 TOP = 4.247 MAD
29 January 20241 TOP = 4.111 MAD
30 January 20241 TOP = 4.247 MAD
31 January 20241 TOP = 4.257 MAD

15/09/2021: Digitization of the Moroccan dirham

Morocco announced plans to digitize the dirham, introducing a central bank digital currency (CBDC) for financial transactions in the country.

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.

02/06/2014: Introduction of the fourth dirham

Another series of Moroccan dirham banknotes was issued, featuring new designs and enhanced security features.

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.

02/07/2005: Dirham's exchange rate floatation

Morocco moved to a floating exchange rate regime, allowing the dirham to fluctuate based on market forces.

01/05/1999: Introduction of the third dirham

A new series of Moroccan dirham banknotes was introduced with enhanced security features.

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.

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

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.

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official 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.

26/11/1960: Introduction of the Moroccan franc (FRF)

The Moroccan franc was introduced as the official currency of Morocco.
TOP MAD January 2024
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TOP MAD January 2025