Historic Tongan paʻanga Pakistani rupee

Tongan paʻanga pakistani rupee history for November 2023. The highest quote for this month is 121.74 (12/11/2023) and the lowest 126.07 (07/11/2023). The difference between high and low is -3.56.

TOP PKR average rate for November 2023 is 120.9984, the change between 01/11/2023 and 30/11/2023 is -3.53 %.

01 November 20231 TOP = 117.9 PKR
06 November 20231 TOP = 124.1 PKR
07 November 20231 TOP = 127.5 PKR
08 November 20231 TOP = 119.8 PKR
09 November 20231 TOP = 121.3 PKR
10 November 20231 TOP = 119.4 PKR
11 November 20231 TOP = 121.7 PKR
12 November 20231 TOP = 121.5 PKR
13 November 20231 TOP = 118.5 PKR
14 November 20231 TOP = 121.3 PKR
15 November 20231 TOP = 122.3 PKR
16 November 20231 TOP = 121.7 PKR
17 November 20231 TOP = 121.3 PKR
18 November 20231 TOP = 120.9 PKR
19 November 20231 TOP = 120.9 PKR
20 November 20231 TOP = 119.3 PKR
21 November 20231 TOP = 121.4 PKR
22 November 20231 TOP = 119.4 PKR
23 November 20231 TOP = 118.7 PKR
24 November 20231 TOP = 119.4 PKR
26 November 20231 TOP = 121.3 PKR
27 November 20231 TOP = 119.2 PKR
28 November 20231 TOP = 122.0 PKR
29 November 20231 TOP = 122.1 PKR
30 November 20231 TOP = 122.1 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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