TOP
Tongan Paʻanga
TOP is the official currency of Tonga. It is issued by the National Reserve Bank of Tonga and is subdivided into 100 seniti.
The paʻanga was introduced in 1967, replacing the pound at 2:1. Until 1991, it was pegged to the Australian dollar at par; since then it has been pegged to a basket of currencies (AUD, NZD, USD, JPY). The 100 paʻanga note was first introduced in 2008.
Related Terms
AUD
Australian Dollar
AUD is the official currency of Australia and its territories. It's the fifth most traded currency i...
NZD
New Zealand Dollar
NZD is the official currency of New Zealand and several Pacific island territories. It's known as th...
USD
United States Dollar
USD is the official currency of the United States and its territories. It's the world's primary rese...
FJD
Fijian Dollar
FJD is the official currency of Fiji. It is issued by the Reserve Bank of Fiji and is subdivided int...
National Reserve Bank of Tonga
National Reserve Bank of Tonga is Tonga's central bank. It sets monetary policy, issues the TOP, and...
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