Historic Tongan paʻanga Pakistani rupee

Tongan paʻanga pakistani rupee history for February 2024. The highest quote for this month is 120.1 (20/02/2024) and the lowest 119.58 (21/02/2024). The difference between high and low is 0.43.

TOP PKR average rate for February 2024 is 118.63296, the change between 01/02/2024 and 29/02/2024 is +0.33 %.

01 February 20241 TOP = 118.2 PKR
02 February 20241 TOP = 118.8 PKR
03 February 20241 TOP = 119.0 PKR
04 February 20241 TOP = 118.9 PKR
05 February 20241 TOP = 117.7 PKR
06 February 20241 TOP = 116.5 PKR
07 February 20241 TOP = 117.4 PKR
08 February 20241 TOP = 118.2 PKR
09 February 20241 TOP = 120.2 PKR
12 February 20241 TOP = 117.7 PKR
13 February 20241 TOP = 119.5 PKR
14 February 20241 TOP = 118.8 PKR
15 February 20241 TOP = 119.0 PKR
16 February 20241 TOP = 119.3 PKR
17 February 20241 TOP = 119.4 PKR
18 February 20241 TOP = 119.4 PKR
19 February 20241 TOP = 118.8 PKR
20 February 20241 TOP = 118.5 PKR
21 February 20241 TOP = 119.7 PKR
22 February 20241 TOP = 118.8 PKR
23 February 20241 TOP = 119.0 PKR
24 February 20241 TOP = 119.0 PKR
25 February 20241 TOP = 119.0 PKR
26 February 20241 TOP = 117.7 PKR
27 February 20241 TOP = 117.2 PKR
28 February 20241 TOP = 119.6 PKR
29 February 20241 TOP = 117.8 PKR

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

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

16/07/2019: IMF Bailout Package

Pakistan reached an agreement with the IMF for a three-year, $6 billion bailout package to address its balance of payments crisis, affecting the value of the Pakistani rupee.

29/07/2014: Second Devaluation of the Paʻanga

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

11/12/2013: IMF Loan Program

Pakistan signed a loan agreement with the International Monetary Fund (IMF) to stabilize its economy, resulting in devaluation of the Pakistani rupee.

01/12/2008: Global Financial Crisis

The global financial crisis led to a depreciation of the Pakistani rupee against major international currencies due to economic instability.

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.

28/05/1999: Introduction of State Bank of Pakistan

The State Bank of Pakistan was given full autonomous control over the monetary policy, which had a significant impact on the value of the Pakistani rupee.

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.

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.

16/12/1971: Separation of East Pakistan

Following the separation of East Pakistan and the formation of Bangladesh, the Pakistani rupee underwent a major devaluation.

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.

01/07/1955: Replacement of Indian Rupee

The Pakistani rupee replaced the Indian rupee as the official currency of Pakistan after the two countries separated.

17/08/1947: Independence of Pakistan

The Pakistani rupee was introduced as the official currency of Pakistan after the country gained independence from British rule.
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