Convert Tongan Paanga to Australian Dollar
Please provide values below to convert Tongan Paanga [TOP] to Australian Dollar [AUD], or Convert Australian Dollar to Tongan Paanga.
How to Convert Tongan Paanga to Australian Dollar
1 TOP = 1.55924666492284 AUD
Example: convert 15 TOP to AUD:
15 TOP = 15 × 1.55924666492284 AUD = 23.3886999738425 AUD
Tongan Paanga to Australian Dollar Conversion Table
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Tongan Paanga
The Tongan Paʻanga (TOP) is the official currency of Tonga, used as the primary monetary unit for transactions within the country.
History/Origin
The Paʻanga was introduced in 1967, replacing the Tongan pound at a rate of 1 Paʻanga = 10 shillings, to modernize Tonga's currency system and facilitate easier transactions.
Current Use
Today, the Paʻanga remains the official currency of Tonga, widely used in everyday transactions, banking, and trade within the country.
Australian Dollar
The Australian Dollar (AUD) is the official currency of Australia, used in its territories and some Pacific Island nations.
History/Origin
Introduced in 1966, replacing the Australian pound, the AUD was initially pegged to the British pound and later transitioned to a floating exchange rate system in 1983.
Current Use
The AUD is widely used in Australia and its territories, serving as a major currency in international trade and finance, and is one of the most traded currencies globally.