Convert Cayman Islands Dollar to Tongan Paanga
Please provide values below to convert Cayman Islands Dollar [KYD] to Tongan Paanga [TOP], or Convert Tongan Paanga to Cayman Islands Dollar.
How to Convert Cayman Islands Dollar to Tongan Paanga
1 KYD = 0.349479953028015 TOP
Example: convert 15 KYD to TOP:
15 KYD = 15 × 0.349479953028015 TOP = 5.24219929542023 TOP
Cayman Islands Dollar to Tongan Paanga Conversion Table
| Cayman Islands Dollar | Tongan Paanga |
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Cayman Islands Dollar
The Cayman Islands Dollar (KYD) is the official currency of the Cayman Islands, used for all monetary transactions within the territory.
History/Origin
Introduced in 1972, the Cayman Islands Dollar replaced the Jamaican dollar at par, establishing a stable local currency for the financial sector and tourism industry.
Current Use
The KYD is widely used in the Cayman Islands for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate of 1 KYD = 1.20 USD.
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.