Tongan paʻanga swedish krona history for July 2023. The highest quote for this month is 4.6677 (05/07/2023) and the lowest 4.6268 (05/07/2023). The difference between high and low is 0.88.
TOP SEK average rate for July 2023 is 4.5289, the change between 01/07/2023 and 31/07/2023 is +3.4 %.
05 July 2023 | 1 TOP = 4.635 SEK |
25 July 2023 | 1 TOP = 4.475 SEK |
31 July 2023 | 1 TOP = 4.477 SEK |
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.
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.