Historic Tongan paʻanga Philippine peso

Tongan paʻanga philippine peso history for February 2024. The highest quote for this month is 24.159 (20/02/2024) and the lowest 24.171 (20/02/2024). The difference between high and low is -0.05.

TOP PHP average rate for February 2024 is 23.84489, the change between 01/02/2024 and 29/02/2024 is -0.61 %.

01 February 20241 TOP = 23.76 PHP
02 February 20241 TOP = 23.80 PHP
03 February 20241 TOP = 23.79 PHP
04 February 20241 TOP = 23.79 PHP
05 February 20241 TOP = 23.78 PHP
06 February 20241 TOP = 23.78 PHP
07 February 20241 TOP = 23.60 PHP
08 February 20241 TOP = 23.71 PHP
09 February 20241 TOP = 24.11 PHP
12 February 20241 TOP = 23.91 PHP
13 February 20241 TOP = 23.93 PHP
14 February 20241 TOP = 23.87 PHP
15 February 20241 TOP = 23.91 PHP
16 February 20241 TOP = 23.87 PHP
17 February 20241 TOP = 23.92 PHP
18 February 20241 TOP = 23.92 PHP
19 February 20241 TOP = 23.93 PHP
20 February 20241 TOP = 24.11 PHP
21 February 20241 TOP = 23.93 PHP
22 February 20241 TOP = 23.77 PHP
23 February 20241 TOP = 23.76 PHP
24 February 20241 TOP = 23.81 PHP
25 February 20241 TOP = 23.81 PHP
26 February 20241 TOP = 23.69 PHP
27 February 20241 TOP = 23.65 PHP
28 February 20241 TOP = 24.04 PHP
29 February 20241 TOP = 23.90 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.
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