Historic Tongan paʻanga Sri Lankan rupee

Tongan paʻanga sri lankan rupee history for January 2024. The highest quote for this month is 139.82 (01/01/2024) and the lowest 139.74 (01/01/2024). The difference between high and low is 0.06.

TOP LKR average rate for January 2024 is 136.36417, the change between 01/01/2024 and 31/01/2024 is +4.34 %.

01 January 20241 TOP = 139.6 LKR
02 January 20241 TOP = 139.7 LKR
03 January 20241 TOP = 138.0 LKR
04 January 20241 TOP = 138.1 LKR
05 January 20241 TOP = 137.9 LKR
06 January 20241 TOP = 138.7 LKR
08 January 20241 TOP = 137.6 LKR
09 January 20241 TOP = 136.4 LKR
10 January 20241 TOP = 135.8 LKR
11 January 20241 TOP = 135.7 LKR
12 January 20241 TOP = 137.7 LKR
15 January 20241 TOP = 136.7 LKR
16 January 20241 TOP = 137.3 LKR
17 January 20241 TOP = 136.7 LKR
18 January 20241 TOP = 135.3 LKR
19 January 20241 TOP = 135.1 LKR
22 January 20241 TOP = 135.7 LKR
23 January 20241 TOP = 135.5 LKR
24 January 20241 TOP = 135.4 LKR
25 January 20241 TOP = 134.7 LKR
26 January 20241 TOP = 134.3 LKR
29 January 20241 TOP = 134.1 LKR
30 January 20241 TOP = 133.4 LKR
31 January 20241 TOP = 133.6 LKR

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

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

16/12/2016: Demonetization of 50 Rupee Note

The 50 Rupee banknote was demonetized, leading to widespread confusion and inconvenience as people rushed to exchange their old notes.

29/07/2014: Second Devaluation of the Paʻanga

Another devaluation occurred, this time by 20%, as part of Tonga's economic reform program.

01/01/2010: Decimalization of Rupee

The Rupee was decimalized, with the introduction of coins denominated in cents, replacing the previous system of cents represented as a fraction of a Rupee.

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.

17/08/2005: Series of New Banknotes

A new series of banknotes featuring improved security features and a more vibrant design was introduced to combat counterfeiting.

01/06/2001: Introduction of 10 Rupee Coin

The 10 Rupee coin was introduced, replacing the 10 Rupee banknotes, to reduce the cost of production and improve durability.

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.

01/07/1977: Floating Exchange Rate

Sri Lanka shifted to a floating exchange rate regime, allowing the value of the Rupee to fluctuate based on market forces.

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.

22/05/1972: Ceylon becomes Sri Lanka

The country changes its name from Ceylon to Sri Lanka, and the currency is renamed Sri Lankan Rupee (LKR).

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.

22/06/1966: Introduction of the Ceylon Rupee

The Ceylon Rupee was established as the official currency of Sri Lanka, replacing the Indian Rupee at a rate of 1:2.