Historic Tongan paʻanga Singapore dollar

Tongan paʻanga singapore dollar history for February 2024. The highest quote for this month is 0.57982 (20/02/2024) and the lowest 0.58059 (20/02/2024). The difference between high and low is -0.13.

TOP SGD average rate for February 2024 is 0.57271, the change between 01/02/2024 and 29/02/2024 is -0.82 %.

01 February 20241 TOP = 0.5677 SGD
02 February 20241 TOP = 0.5687 SGD
03 February 20241 TOP = 0.5710 SGD
04 February 20241 TOP = 0.5708 SGD
05 February 20241 TOP = 0.5689 SGD
06 February 20241 TOP = 0.5690 SGD
07 February 20241 TOP = 0.5649 SGD
08 February 20241 TOP = 0.5692 SGD
09 February 20241 TOP = 0.5802 SGD
12 February 20241 TOP = 0.5756 SGD
13 February 20241 TOP = 0.5758 SGD
14 February 20241 TOP = 0.5756 SGD
15 February 20241 TOP = 0.5750 SGD
16 February 20241 TOP = 0.5753 SGD
17 February 20241 TOP = 0.5754 SGD
18 February 20241 TOP = 0.5756 SGD
19 February 20241 TOP = 0.5752 SGD
20 February 20241 TOP = 0.5795 SGD
21 February 20241 TOP = 0.5757 SGD
22 February 20241 TOP = 0.5722 SGD
23 February 20241 TOP = 0.5719 SGD
24 February 20241 TOP = 0.5723 SGD
25 February 20241 TOP = 0.5722 SGD
26 February 20241 TOP = 0.5696 SGD
27 February 20241 TOP = 0.5674 SGD
28 February 20241 TOP = 0.5761 SGD
29 February 20241 TOP = 0.5724 SGD

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

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

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

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.

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

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.

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own 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.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.
TOP SGD August 2023
TOP SGD September 2023
TOP SGD October 2023
TOP SGD November 2023
TOP SGD December 2023
TOP SGD January 2024
TOP SGD February 2024
TOP SGD March 2024
TOP SGD April 2024
TOP SGD May 2024
TOP SGD June 2024
TOP SGD July 2024
TOP SGD August 2024