Convert Tongan Paanga to Eritrean Nakfa
Please provide values below to convert Tongan Paanga [TOP] to Eritrean Nakfa [ERN], or Convert Eritrean Nakfa to Tongan Paanga.
How to Convert Tongan Paanga to Eritrean Nakfa
1 TOP = 0.15896 ERN
Example: convert 15 TOP to ERN:
15 TOP = 15 × 0.15896 ERN = 2.3844 ERN
Tongan Paanga to Eritrean Nakfa Conversion Table
| Tongan Paanga | Eritrean Nakfa |
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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.
Eritrean Nakfa
The Eritrean Nakfa (ERN) is the official currency of Eritrea, used for all monetary transactions within the country.
History/Origin
The Nakfa was introduced in 1997, replacing the Ethiopian Birr as Eritrea's national currency, to establish economic independence and stabilize the economy after independence in 1993.
Current Use
The ERN is actively used as the primary currency in Eritrea for everyday transactions, banking, and trade, with its value regulated by the country's central bank.