Historic Tongan paʻanga Sierra Leonean leone

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.

27/04/2010: Adoption of new currency symbol

Sierra Leone adopts a new currency symbol for the leone (Le), representing its cultural heritage and national identity.

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.

29/07/2003: Introduction of new leone notes

Sierra Leone introduces a new series of leone banknotes with enhanced security features to combat counterfeiting.

22/02/1996: Civil war ends

The Sierra Leonean Civil War comes to an end, providing an opportunity for economic stabilization and currency reform.

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.

29/04/1980: Coup d'etat

A military coup takes place in Sierra Leone, leading to economic instability and a decline in the value of the leone.

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.

15/07/1974: Redenomination of the leone

Sierra Leone redenominates its currency, replacing the old leone with a new leone at a ratio of 1:4.

04/11/1971: Introduction of decimal currency

Sierra Leone adopts a decimal currency system, replacing the pound with the leone as its new official 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.

27/04/1961: Independence of Sierra Leone

Sierra Leone gains independence from the United Kingdom, introducing the Sierra Leonean leone as its official currency.