Convert Tongan Paanga to Malaysian Ringgit
Please provide values below to convert Tongan Paanga [TOP] to Malaysian Ringgit [MYR], or Convert Malaysian Ringgit to Tongan Paanga.
How to Convert Tongan Paanga to Malaysian Ringgit
1 TOP = 0.563501441603252 MYR
Example: convert 15 TOP to MYR:
15 TOP = 15 × 0.563501441603252 MYR = 8.45252162404878 MYR
Tongan Paanga to Malaysian Ringgit Conversion Table
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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.
Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.