Tongan paʻanga panamanian balboa exchange rate history (TOP PAB) December 2023

Tongan paʻanga panamanian balboa history for December 2023. The highest quote for this month is 0.43247 (30/12/2023) and the lowest 0.43448 (30/12/2023). The difference between high and low is -0.46.

TOP PAB average rate for December 2023 is 0.42045, the change between 01/12/2023 and 31/12/2023 is -3.53 %.

01 December 2023	1 TOP = 0.4197 PAB
02 December 2023	1 TOP = 0.4295 PAB
03 December 2023	1 TOP = 0.4295 PAB
04 December 2023	1 TOP = 0.4199 PAB
05 December 2023	1 TOP = 0.4182 PAB
06 December 2023	1 TOP = 0.4180 PAB
07 December 2023	1 TOP = 0.4139 PAB
08 December 2023	1 TOP = 0.4134 PAB
10 December 2023	1 TOP = 0.4271 PAB
11 December 2023	1 TOP = 0.4129 PAB
12 December 2023	1 TOP = 0.4125 PAB
13 December 2023	1 TOP = 0.4139 PAB
14 December 2023	1 TOP = 0.4154 PAB
15 December 2023	1 TOP = 0.4166 PAB
16 December 2023	1 TOP = 0.4266 PAB
17 December 2023	1 TOP = 0.4266 PAB
18 December 2023	1 TOP = 0.4171 PAB
19 December 2023	1 TOP = 0.4196 PAB
20 December 2023	1 TOP = 0.4126 PAB
21 December 2023	1 TOP = 0.4202 PAB
22 December 2023	1 TOP = 0.4192 PAB
23 December 2023	1 TOP = 0.4291 PAB
24 December 2023	1 TOP = 0.4291 PAB
26 December 2023	1 TOP = 0.4223 PAB
27 December 2023	1 TOP = 0.4152 PAB
28 December 2023	1 TOP = 0.4135 PAB
29 December 2023	1 TOP = 0.4269 PAB
30 December 2023	1 TOP = 0.4345 PAB

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.

01/01/2011: Replacement of Paper Banknotes with Polymer Banknotes

Panama replaced the paper banknotes with polymer banknotes to enhance durability and security of the Balboa currency.

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.

01/04/1991: First Devaluation of the Paʻanga

The paʻanga was devalued by 25% in an attempt to boost Tonga's economy and improve trade competitiveness.

31/03/1983: Currency Control Law Implemented

Panama implemented a currency control law to regulate the use and circulation of the Balboa and prevent counterfeiting.

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.

15/10/1941: First Issue of Panamanian Balboa Banknotes

The first series of paper banknotes denominated in Balboa were issued by the Panamanian Currency Board.

01/10/1941: Introduction of the Balboa as Legal Tender

The Panamanian government introduced the Balboa as a legal tender, equivalent in value to the US dollar.

01/10/1908: Creation of Panamanian Currency Board

The Panamanian Currency Board was established to issue paper money and stabilize the monetary system.

01/01/1907: Use of US Dollar in Panama

The US dollar became the official currency of Panama due to the presence of American workers during the canal construction.

18/11/1904: Panama Canal Construction Begins

The construction of the Panama Canal started, which would later lead to the need for a national currency.

Historic Tongan paʻanga Panamanian Balboa