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About Pound sterling
Sterling is the currency of the United Kingdom and nine of its associated territories. The pound is the main unit of sterling, and the word pound is also used to refer to the British currency generally, often qualified in international contexts as the British pound or the pound sterling.
Sterling is the world's oldest currency in continuous use since its inception. In 2022, it was the fourth-most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and the renminbi, it forms the basket of currencies that calculate the value of IMF special drawing rights. As of late 2022, sterling is also the fourth most-held reserve currency in global reserves.
The Bank of England is the central bank for sterling, issuing its own banknotes and regulating issuance of banknotes by private banks such as the Bank of Scotland and Clydesdale Bank in Scotland, and Danske Bank in Northern Ireland. Sterling banknotes issued by other jurisdictions are not regulated by the Bank of England; their governments guarantee convertibility at par. WikipediaAbout Tongan Paʻanga
The paʻanga is the currency of Tonga. It is controlled by the National Reserve Bank of 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$. In Tonga, the paʻanga is often referred to in English as the dollar, the seniti as the cent and the hau as the union. The unit of hau, is not used in everyday life and can be found only on commemorative coins of higher denominations. Wikipedia