Search results
Results From The WOW.Com Content Network
However, due to the 2 Pa'anga coin's large size and weight and the awkward shape of the 1 pa'anga, they failed to compete against the 1 and 2 Pa'anga notes that were simultaneously issued so production of these denominations ended in the 1980s due to low commercial demand. All 1 and 2 pa'anga coins still remain legal tender but are rarely used.
The National Reserve Bank of Tonga (NRBT; Tongan: Pangikē Pule Fakafonua ʻo Tongá) is the central bank of Tonga.The Reserve Bank is responsible for regulating the issue and supply of domestic and international currency, as well as promoting monetary stability and economic development.
Decimalisation or decimalization (see spelling differences) is the conversion of a system of currency or of weights and measures to units related by powers of 10.. Most countries have decimalised their currencies, converting them from non-decimal sub-units to a decimal system, with one basic currency unit and sub-units that are valued relative to the basic unit by a power of 10, most commonly ...
In 1936, one Tongan pound was devalued to be worth 16 shillings sterling, setting the Tongan pound equal to the Australian pound. Existing banknotes had the word "sterling" overstamped, later issues omitted the word altogether. In 1967, the pound was replaced by the pa'anga at a rate of £1 = T$2.
ECU (1979–1998, not widely used and now historical; replaced by the euro) Eº: Chilean escudo (1960–1975) ƒ: Dutch gulden, currently used in the Netherlands Antilles and Aruba Fr: Franc, used in France and other countries; in France an F with double bar (₣) was proposed in 1988 but never adopted Kčs: Czechoslovak koruna (1919–1993) kn
The history of Tonga is recorded since the ninth century BC, when seafarers associated with the Lapita diaspora first settled the islands which now make up the Kingdom of Tonga. [1] Along with Fiji and Samoa, the area served as a gateway into the rest of the Pacific region known as Polynesia . [ 2 ]
President Trump's move to tack an additional 10% tariff on U.S. imports from China could lead Mattel to hike the price of its Barbie, Hot Wheels and other toys.
Main page; Contents; Current events; Random article; About Wikipedia; Contact us; Pages for logged out editors learn more