Tags: Currency.
The paʻanga is the currency of the Tonga. It is controlled by the National Reserve Bank of Tonga (Pangikē Pule Fakafonua ʻo Tonga) in Nukuʻalofa. The paʻanga is not convertible and is pegged to a basket of currencies comprising the Australian New Zealand and United States dollars and the Japanese yen.The paʻanga is subdivided into 100 seniti. The ISO code is TOP and the usual abbreviation is T$ (¢ for seniti).