Fast and transparent student payments to Southeast Asia: What you should know
Key takeaways Handling student payments to Southeast Asia can feel complex. Tuition fees, deposits and…
The Tongan Paʻanga (TOP) is the official currency of Tonga, issued by the National Reserve Bank of Tonga. It was introduced in 1967, replacing the Tongan Pound. The paʻanga is not pegged to any currency but is closely monitored against a basket of major currencies, including the New Zealand Dollar (NZD), Australian Dollar (AUD), and U.S. Dollar (USD). The Tongan economy is based on agriculture, remittances, and tourism, making the value of the paʻanga susceptible to external economic factors. The currency is subdivided into 100 seniti, with banknotes available from TOP 2 to TOP 100 and coins ranging from 1 seniti to TOP 1.
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Last updated: Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.
If you cannot find the location you would like to send to, it means we currently do not support transfers to that destination, but we are working on it! Do come back and check again as we are continuously updating our services.
If you cannot find your desired currency pair, it means that transfers to that specified currency are not supported by our services, but we are working on it! Do come back and check again as we are continuously updating our services.
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Disclaimer: All information in this article is provided for general knowledge and educational use only. It should not be considered legal, tax, or financial advice. We recommend contacting a licensed expert in your area for assistance with specific concerns.