Historic Tongan paʻanga Romanian leu

Tongan paʻanga romanian leu history for February 2024. The highest quote for this month is 1.9889 (20/02/2024) and the lowest 1.9845 (09/02/2024). The difference between high and low is 0.22.

TOP RON average rate for February 2024 is 1.96194, the change between 01/02/2024 and 29/02/2024 is +0.07 %.

01 February 20241 TOP = 1.949 RON
02 February 20241 TOP = 1.943 RON
03 February 20241 TOP = 1.960 RON
04 February 20241 TOP = 1.959 RON
05 February 20241 TOP = 1.949 RON
06 February 20241 TOP = 1.954 RON
07 February 20241 TOP = 1.943 RON
08 February 20241 TOP = 1.955 RON
09 February 20241 TOP = 1.987 RON
12 February 20241 TOP = 1.974 RON
13 February 20241 TOP = 1.976 RON
14 February 20241 TOP = 1.978 RON
15 February 20241 TOP = 1.976 RON
16 February 20241 TOP = 1.973 RON
17 February 20241 TOP = 1.973 RON
18 February 20241 TOP = 1.974 RON
19 February 20241 TOP = 1.975 RON
20 February 20241 TOP = 1.986 RON
21 February 20241 TOP = 1.970 RON
22 February 20241 TOP = 1.956 RON
23 February 20241 TOP = 1.957 RON
24 February 20241 TOP = 1.958 RON
25 February 20241 TOP = 1.958 RON
26 February 20241 TOP = 1.949 RON
27 February 20241 TOP = 1.932 RON
28 February 20241 TOP = 1.962 RON
29 February 20241 TOP = 1.947 RON

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

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

01/04/2019: Romania plans to adopt the euro

The Romanian government announces its intention to join the Eurozone and set a target date for adopting the euro as the 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.

01/06/2005: Currency redenomination

Romania underwent a currency redenomination, with 10,000 old lei being exchanged for 1 new leu, to simplify transactions and eliminate zeros.

01/07/2003: Romania joins EU Accession

As part of joining the European Union, Romania pledges to adopt the euro in the future, aiming for greater economic integration.

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.

28/02/1991: End of communist era

As communism collapsed, Romania undergoes economic reforms and introduces a free-floating exchange rate system for the leu.

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.

30/12/1947: Communist regime introduces new leu

In an attempt to devalue the currency and control the economy, the Communist regime introduces a new leu at a ratio of 1:20,000.

01/03/1901: Introduction of the gold standard

Romanian leu was tied to the gold standard, ensuring the stability of the currency and attracting foreign investments.

01/04/1867: Creation of the Romanian leu

The leu was established as the official currency of Romania, replacing the previous currencies in circulation.
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