Convert Tongan Paanga to Tanzanian Shilling
Please provide values below to convert Tongan Paanga [TOP] to Tanzanian Shilling [TZS], or Convert Tanzanian Shilling to Tongan Paanga.
How to Convert Tongan Paanga to Tanzanian Shilling
1 TOP = 0.00092773834945994 TZS
Example: convert 15 TOP to TZS:
15 TOP = 15 × 0.00092773834945994 TZS = 0.0139160752418991 TZS
Tongan Paanga to Tanzanian Shilling Conversion Table
Tongan Paanga | Tanzanian Shilling |
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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.
Tanzanian Shilling
The Tanzanian Shilling (TZS) is the official currency of Tanzania, used for everyday transactions within the country.
History/Origin
Introduced in 1966, replacing the East African Shilling, the Tanzanian Shilling has undergone various redenominations and reforms to stabilize the economy and modernize the currency system.
Current Use
Today, the Tanzanian Shilling is widely used in Tanzania for all forms of financial transactions, including cash payments, banking, and trade, and is managed by the Bank of Tanzania.