Convert Tongan Paanga to Bahamian Dollar
Please provide values below to convert Tongan Paanga [TOP] to Bahamian Dollar [BSD], or Convert Bahamian Dollar to Tongan Paanga.
How to Convert Tongan Paanga to Bahamian Dollar
1 TOP = 2.3844 BSD
Example: convert 15 TOP to BSD:
15 TOP = 15 × 2.3844 BSD = 35.766 BSD
Tongan Paanga to Bahamian Dollar Conversion Table
| Tongan Paanga | Bahamian Dollar |
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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.
Bahamian Dollar
The Bahamian Dollar (BSD) is the official currency of The Bahamas, subdivided into 100 cents, used for all monetary transactions within the country.
History/Origin
Introduced in 1966, replacing the Bahamian pound, the Bahamian Dollar was initially pegged to the US dollar at par and has maintained a stable exchange rate since its inception.
Current Use
The Bahamian Dollar is widely used across The Bahamas for everyday transactions, banking, and trade, and is also accepted in some neighboring regions and for tourism-related activities.