Convert Tongan Paanga to Turkish Lira
Please provide values below to convert Tongan Paanga [TOP] to Turkish Lira [TRY], or Convert Turkish Lira to Tongan Paanga.
How to Convert Tongan Paanga to Turkish Lira
1 TOP = 0.058960403751666 TRY
Example: convert 15 TOP to TRY:
15 TOP = 15 × 0.058960403751666 TRY = 0.88440605627499 TRY
Tongan Paanga to Turkish Lira 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.
Turkish Lira
The Turkish Lira (TRY) is the official currency of Turkey, used for everyday transactions and financial exchanges within the country.
History/Origin
The Turkish Lira was first introduced in 1923, replacing the Ottoman lira. It has undergone several revaluations and reforms, including the introduction of the New Turkish Lira in 2005 to address inflation and currency stability issues.
Current Use
Today, the Turkish Lira is the primary currency used in Turkey for all economic activities. It is also accepted in some regions of Northern Cyprus and is used in financial markets and banking transactions across the country.