Convert Chinese Yuan to Tongan Paanga
Please provide values below to convert Chinese Yuan [CNY] to Tongan Paanga [TOP], or Convert Tongan Paanga to Chinese Yuan.
How to Convert Chinese Yuan to Tongan Paanga
1 CNY = 3.00868142929039 TOP
Example: convert 15 CNY to TOP:
15 CNY = 15 × 3.00868142929039 TOP = 45.1302214393558 TOP
Chinese Yuan to Tongan Paanga Conversion Table
| Chinese Yuan | Tongan Paanga |
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Chinese Yuan
The Chinese Yuan (CNY) is the official currency of China, also known as Renminbi (RMB), and is used for all monetary transactions within the country.
History/Origin
The Chinese Yuan was introduced in 1949 following the establishment of the People's Republic of China. It has undergone various reforms and reforms, including decimalization in the 1950s and modernization efforts in recent decades to stabilize and internationalize the currency.
Current Use
Today, the CNY is widely used domestically across China and is increasingly recognized internationally, with the Chinese government promoting its use in global trade and finance. It is also a component of the International Monetary Fund's Special Drawing Rights (SDR).
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.