Convert Philippine Peso to Tongan Paanga
Please provide values below to convert Philippine Peso [PHP] to Tongan Paanga [TOP], or Convert Tongan Paanga to Philippine Peso.
How to Convert Philippine Peso to Tongan Paanga
1 PHP = 23.8811860426103 TOP
Example: convert 15 PHP to TOP:
15 PHP = 15 × 23.8811860426103 TOP = 358.217790639155 TOP
Philippine Peso to Tongan Paanga Conversion Table
| Philippine Peso | Tongan Paanga |
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Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.
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.