Convert Tongan Paanga to Mexican Peso
Please provide values below to convert Tongan Paanga [TOP] to Mexican Peso [MXN], or Convert Mexican Peso to Tongan Paanga.
How to Convert Tongan Paanga to Mexican Peso
1 TOP = 0.127889638600744 MXN
Example: convert 15 TOP to MXN:
15 TOP = 15 × 0.127889638600744 MXN = 1.91834457901117 MXN
Tongan Paanga to Mexican Peso 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.
Mexican Peso
The Mexican Peso (MXN) is the official currency of Mexico, used for everyday transactions and financial exchanges within the country.
History/Origin
The Mexican Peso originated in the 19th century, evolving from the Spanish dollar and undergoing various reforms. It was decimalized in 1905 and has experienced multiple currency reforms, including the introduction of the current peso in 1993 to stabilize the economy.
Current Use
Today, the Mexican Peso is widely used in Mexico for all forms of payment, both cash and electronic, and is one of the most traded currencies in Latin America.