Historic Tongan paʻanga North Korean won

Tongan paʻanga north korean won history for February 2024. The highest quote for this month is 387.41 (20/02/2024) and the lowest 389.22 (20/02/2024). The difference between high and low is -0.47.

TOP KPW average rate for February 2024 is 383.41778, the change between 01/02/2024 and 29/02/2024 is -0.4 %.

01 February 20241 TOP = 381.2 KPW
02 February 20241 TOP = 382.9 KPW
03 February 20241 TOP = 382.9 KPW
04 February 20241 TOP = 382.9 KPW
05 February 20241 TOP = 381.1 KPW
06 February 20241 TOP = 380.2 KPW
07 February 20241 TOP = 378.4 KPW
08 February 20241 TOP = 381.4 KPW
09 February 20241 TOP = 387.7 KPW
12 February 20241 TOP = 385.1 KPW
13 February 20241 TOP = 385.3 KPW
14 February 20241 TOP = 383.5 KPW
15 February 20241 TOP = 384.0 KPW
16 February 20241 TOP = 384.8 KPW
17 February 20241 TOP = 384.8 KPW
18 February 20241 TOP = 384.8 KPW
19 February 20241 TOP = 384.8 KPW
20 February 20241 TOP = 387.4 KPW
21 February 20241 TOP = 385.6 KPW
22 February 20241 TOP = 383.2 KPW
23 February 20241 TOP = 383.5 KPW
24 February 20241 TOP = 383.5 KPW
25 February 20241 TOP = 383.5 KPW
26 February 20241 TOP = 381.7 KPW
27 February 20241 TOP = 379.8 KPW
28 February 20241 TOP = 385.8 KPW
29 February 20241 TOP = 382.7 KPW

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.

01/07/2013: Exchange rate unification

North Korea unifies the official exchange rate and market rate, resulting in a significant depreciation of the won.

30/11/2009: Currency revaluation

North Korean government announces a currency revaluation, replacing the old won notes at a ratio of 1 for 100.

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.

01/12/2001: Currency redenomination

North Korean won is redenominated, with the previous notes and coins being replaced by new ones at a ratio of 1 for 1,000.

25/02/1992: Introducing foreign exchange certificates

North Korea introduces foreign exchange certificates to counter hyperinflation and stabilize its economy.

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.

06/12/1979: Second major revaluation

North Korean won undergoes its second major revaluation, with the exchange rate being set at 1 for 10.

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.

31/12/1959: First major revaluation

North Korean won undergoes its first major revaluation, with the exchange rate being set at 1 for 100.

06/12/1947: Introduction of North Korean won

North Korean won is introduced as the official currency of North Korea, replacing the Korean yen at par value.
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