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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