Tongan paʻanga philippine peso exchange rate history (TOP PHP) December 2023

Tongan paʻanga philippine peso history for December 2023. The highest quote for this month is 24.023 (15/12/2023) and the lowest 23.983 (20/12/2023). The difference between high and low is 0.17.

TOP PHP average rate for December 2023 is 23.67541, the change between 01/12/2023 and 31/12/2023 is -0.83 %.

01 December 2023	1 TOP = 23.84 PHP
02 December 2023	1 TOP = 23.82 PHP
03 December 2023	1 TOP = 23.82 PHP
04 December 2023	1 TOP = 23.72 PHP
05 December 2023	1 TOP = 23.67 PHP
06 December 2023	1 TOP = 23.58 PHP
07 December 2023	1 TOP = 23.40 PHP
08 December 2023	1 TOP = 23.42 PHP
10 December 2023	1 TOP = 23.68 PHP
11 December 2023	1 TOP = 23.36 PHP
12 December 2023	1 TOP = 23.44 PHP
13 December 2023	1 TOP = 23.53 PHP
14 December 2023	1 TOP = 23.59 PHP
15 December 2023	1 TOP = 23.74 PHP
16 December 2023	1 TOP = 23.77 PHP
17 December 2023	1 TOP = 23.77 PHP
18 December 2023	1 TOP = 23.66 PHP
19 December 2023	1 TOP = 23.90 PHP
20 December 2023	1 TOP = 23.49 PHP
21 December 2023	1 TOP = 23.91 PHP
22 December 2023	1 TOP = 23.71 PHP
23 December 2023	1 TOP = 23.77 PHP
24 December 2023	1 TOP = 23.77 PHP
26 December 2023	1 TOP = 23.91 PHP
27 December 2023	1 TOP = 23.46 PHP
28 December 2023	1 TOP = 23.50 PHP
29 December 2023	1 TOP = 24.03 PHP

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.

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.

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.

11/09/1970: Introduction of the New Peso

The New Central Bank Act is enacted, leading to the introduction of a new currency called the New Peso, with a conversion rate of 1 New Peso to 2 old pesos.

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.

04/07/1949: Central Bank of the Philippines

The Central Bank of the Philippines is established with the task of issuing and managing the Philippine currency.

20/10/1944: Introduction of the Philippine Liberation Peso

The United States-issued Philippine Liberation Peso is introduced to replace the Japanese-issued currency, serving as a transitional currency.

02/01/1942: Japanese Occupation

During World War II, the Japanese forces occupy the Philippines and introduce the Japanese-issued Philippine peso, known as Mickey Mouse money.

24/12/1933: Introduction of the Commonwealth Peso

The Commonwealth Act No. 265 is passed, creating a new Philippine currency called the Commonwealth Peso to replace the previous Peso.

12/06/1898: Philippine Independence

The Philippines declares independence from Spanish rule, leading to the establishment of the First Philippine Republic and the issuance of new currency.

01/05/1852: Introduction of the Peso

The Spanish colonial government issues the first official currency of the Philippines, known as the Peso, with a conversion rate of 2 Spanish reales to 1 Peso.

Historic Tongan paʻanga Philippine peso