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Domača stranTOP / THB • valuta
TOP / THB
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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 "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
The baht is the official currency of Thailand. It is divided into 100 satang. The currency was officially adopted 1238 and continuously issued since. Initially issued in the podduang form, King Rama IV decided to switch to flat coins in 1860. The baht was then decimalized in 1897, before which the baht was divided into 8 fueang, each into 8 at, and each into 100 bia. The issuance of currency is the responsibility of the Bank of Thailand. SWIFT ranked the Thai baht as the 10th-most-frequently used world payment currency as of December 2023. The baht was defined as 15.16 grams of silver or gold, which was exchanged at 16:1 ratio. This was the case until the decree of June 29th 1874 which switched the Thai baht to the silver standard, and again in 1908, converting the baht to the gold standard before being completely debased in 1962 with the halt in production of the silver baht coin. The baht was pegged to the spanish dollar from 1856 at a ฿5 to $3 ratio. It was then pegged to the pound at a ฿8 to £1 in 1880 and subsequently several re-pegging to a new ratio. The baht was then pegged to the US Dollar at a ฿20 to $1 ratio along with several re-peg. Wikipedia
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