Convert Tongan Paanga to Euro
Please provide values below to convert Tongan Paanga [TOP] to Euro [EUR], or Convert Euro to Tongan Paanga.
How to Convert Tongan Paanga to Euro
1 TOP = 2.79629412454556 EUR
Example: convert 15 TOP to EUR:
15 TOP = 15 × 2.79629412454556 EUR = 41.9444118681834 EUR
Tongan Paanga to Euro Conversion Table
Tongan Paanga | Euro |
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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.
Euro
The euro (EUR) is the official currency of the Eurozone, used by 19 of the 27 European Union member states, and is one of the world's major reserve currencies.
History/Origin
The euro was introduced in electronic form in 1999 and banknotes and coins entered circulation on January 1, 2002, replacing national currencies and fostering economic integration within the Eurozone.
Current Use
The euro is widely used across the Eurozone countries for everyday transactions, international trade, and as a reserve currency held by central banks worldwide.