Convert Peruvian Nuevo Sol to Tongan Paanga
Please provide values below to convert Peruvian Nuevo Sol [PEN] to Tongan Paanga [TOP], or Convert Tongan Paanga to Peruvian Nuevo Sol.
How to Convert Peruvian Nuevo Sol to Tongan Paanga
1 PEN = 1.49207347760443 TOP
Example: convert 15 PEN to TOP:
15 PEN = 15 × 1.49207347760443 TOP = 22.3811021640664 TOP
Peruvian Nuevo Sol to Tongan Paanga Conversion Table
| Peruvian Nuevo Sol | Tongan Paanga |
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Peruvian Nuevo Sol
The Peruvian Nuevo Sol (PEN) is the official currency of Peru, used for all monetary transactions within the country.
History/Origin
Introduced in 1991 to replace the Peruvian Sol, the Nuevo Sol was established to stabilize the economy and control inflation. It has undergone several reforms and is now the stable currency of Peru.
Current Use
The Nuevo Sol is widely used in everyday transactions, banking, and financial markets in Peru. It is subdivided into 100 céntimos and remains the country's primary legal tender.
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.