Countries that use the Pa'anga
The Pa'anga is an official national currency and used only in Tonga. 1 Pa'anga is devided into 100 Seniti.
1.00 Pa'anga = 0.43 US Dollar
Exchange rate history 10 TOP in USD
Pa'anga as currency
Currency reserves for the Pa'anga
According to the International Monetary Fund, the total broad money (M3) amounted to TOP 560.57 million at the end of 2017. For currency hedging, reserves were held in a total amount of 427.92 million Pa'angas. This corresponds to a ratio of 1:1.3. Or in other words: 1 of 1 Pa'angas is deposited with a countervalue, which is internationally already above average.
All currency reserves are only held as foreign currencies, special drawing rights in the International Monetary Fund and other reserve positions. There are no governmental gold stocks.Worldwide currency and gold reserves
All information without guarantee.