Convert Tongan Paanga to Philippine Peso
Please provide values below to convert Tongan Paanga [TOP] to Philippine Peso [PHP], or Convert Philippine Peso to Tongan Paanga.
How to Convert Tongan Paanga to Philippine Peso
1 TOP = 0.0418739671562266 PHP
Example: convert 15 TOP to PHP:
15 TOP = 15 × 0.0418739671562266 PHP = 0.628109507343398 PHP
Tongan Paanga to Philippine Peso Conversion Table
| Tongan Paanga | Philippine Peso |
|---|
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.
Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.