Omani Rial in Tongan Paanga

OMR Omani Rial

Country of application:
Oman

Coin denominations in circulation:
5, 10, 25, 50 bytes.

Denominations of banknotes in circulation:
100 bays, 0.5, 1, 5, 10, 20, 50 riyals.

History reference:
The Omani rial is the national currency of the Sultanate of Oman, which has been in circulation on the territory of the state since 1974. The currency is issued by the Central Bank of Oman. In the 19...th century, the Indian rupee and the Maria Theresa thaler were used in monetary circulation. Since 1940, minting of coins in baizes has begun, and since 1948 - in rials. Rials and coins were minted in two types - Saidi rial and Dofari rial. On May 11, 1959, the Reserve Bank and the Government of India began issuing special banknotes - Persian Gulf rupees, which were not legal tender in India, while the rial and thaler continued to be used in circulation. Since June 1966, as a result of the devaluation of the rupee of the Persian Gulf, the Maria Theresa thaler remained in circulation. On May 7, 1970, the said rial, equivalent to the pound sterling, was declared the only legal currency in Oman.

TOP Tongan Paanga

Country of application:
Tonga

Coin denominations in circulation:
5, 10, 20, 50 senichi and 1 paanga.

Denominations of banknotes in circulation:
2, 5, 10, 20, 50, 100 paang.

History reference:
The Tongan paanga or Tongan dollar or Tongan dollar has been the national currency and money of the Kingdom of Tonga since 1967. Initially pegged to the Australian dollar, it has since 1991 been pegg...ed to a basket of currencies: the Australian and New Zealand dollars, the US dollar and the Japanese yen. Paanga was introduced on April 3, 1967. He replaced the pound at the rate of 1 pound = 2 paang. Until 11 February 1991, the paanga was pegged to the Australian dollar at par. Since then, a basket of currencies has been taken (see above) and the paanga has steadily declined. As in 2006, it takes about 1.60 T$ to get 1 Australian dollar. Official exchange rates are published daily by the National Reserve Bank, established on July 1, 1989, but towards the end of the day rather than early in the morning.