Convert Tongan Paanga to Cuban Peso
Please provide values below to convert Tongan Paanga [TOP] to Cuban Peso [CUP], or Convert Cuban Peso to Tongan Paanga.
How to Convert Tongan Paanga to Cuban Peso
1 TOP = 0.09935 CUP
Example: convert 15 TOP to CUP:
15 TOP = 15 × 0.09935 CUP = 1.49025 CUP
Tongan Paanga to Cuban Peso 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.
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.