United States dollar tongan paʻanga history for August 2023. The highest quote for this month is 2.379 (21/08/2023) and the lowest 2.3599 (20/08/2023). The difference between high and low is 0.8.
USD TOP average rate for August 2023 is 2.34988, the change between 01/08/2023 and 31/08/2023 is -1.78 %.
| 01 August 2023 | 1 USD = 2.326 TOP |
| 04 August 2023 | 1 USD = 2.339 TOP |
| 07 August 2023 | 1 USD = 2.333 TOP |
| 08 August 2023 | 1 USD = 2.341 TOP |
| 10 August 2023 | 1 USD = 2.347 TOP |
| 12 August 2023 | 1 USD = 2.342 TOP |
| 14 August 2023 | 1 USD = 2.353 TOP |
| 15 August 2023 | 1 USD = 2.356 TOP |
| 17 August 2023 | 1 USD = 2.367 TOP |
| 20 August 2023 | 1 USD = 2.360 TOP |
| 21 August 2023 | 1 USD = 2.368 TOP |
| 28 August 2023 | 1 USD = 2.368 TOP |
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.