Convert Argentine Peso to Tongan Paanga
Please provide values below to convert Argentine Peso [ARS] to Tongan Paanga [TOP], or Convert Tongan Paanga to Argentine Peso.
How to Convert Argentine Peso to Tongan Paanga
1 ARS = 531.022479449757 TOP
Example: convert 15 ARS to TOP:
15 ARS = 15 × 531.022479449757 TOP = 7965.33719174635 TOP
Argentine Peso to Tongan Paanga Conversion Table
| Argentine Peso | Tongan Paanga |
|---|
Argentine Peso
The Argentine Peso (ARS) is the official currency of Argentina, used for all monetary transactions within the country.
History/Origin
The Argentine Peso was first introduced in 1881, replacing the Argentine Austral. It has undergone several revaluations and reforms, with the current peso being reintroduced in 1992 after a period of hyperinflation and currency instability.
Current Use
Today, the ARS is the legal tender in Argentina, used for everyday transactions, banking, and trade. It is managed by the Central Bank of Argentina and remains subject to inflationary pressures and economic fluctuations.
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.