Tongan Paanga in Armenian dram

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.

AMD Armenian dram

Country of application:
Armenia

Coin denominations in circulation:
500, 200, 100, 50, 20 and 10 AMD.

Denominations of banknotes in circulation:
100,000, 50,000, 20,000, 10,000, 1,000, 500, 100 and 50 drams.

History reference:
The first Armenian coins were minted in the 3rd century BC. e. Yervandids. Coins were also issued by the Artashesids (II-I centuries BC). The first coins with inscriptions in Armenian letters are kno...wn from the 11th century from Tashir-Dzoraget. At the end of the 11th century, the Cilician Armenian state arose. One of the names of his silver coins was "dram". The currency was issued in 1993 after the collapse of the Soviet Union. Before that, Soviet rubles were used. The symbol of the country on banknotes was presented as iconic figures of the Armenian people, as well as great architectural and artistic monuments. The colorful design is adorned with the national emblem and denomination. The name of the currency comes from the Greek drachma.