Convert Cuban Peso to Tongan Paanga
Please provide values below to convert Cuban Peso [CUP] to Tongan Paanga [TOP], or Convert Tongan Paanga to Cuban Peso.
How to Convert Cuban Peso to Tongan Paanga
1 CUP = 10.0654252642174 TOP
Example: convert 15 CUP to TOP:
15 CUP = 15 × 10.0654252642174 TOP = 150.981378963261 TOP
Cuban Peso to Tongan Paanga Conversion Table
| Cuban Peso | Tongan Paanga |
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Cuban Peso
The Cuban Peso (CUP) is the official currency of Cuba, used for everyday transactions within the country.
History/Origin
The Cuban Peso has been the official currency of Cuba since 1960, replacing the Cuban peso convertible (CUC) as the primary currency after the monetary reforms. It has undergone various changes in value and design over the years, reflecting Cuba's economic policies and relations.
Current Use
Today, the Cuban Peso is used mainly for domestic transactions, while the CUC is used for tourism and foreign trade. The CUP remains an essential part of Cuba's monetary system, with recent reforms aiming to unify the currency system.
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.