Tongan Paanga in Belizean Dollar

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.

BZD Belizean Dollar

Country of application:
Belize

Coin denominations in circulation:
1, 5, 10, 25, 50 cents, $ 1.

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

History reference:
The Belize dollar has been the national currency and money of Belize since 1885. Replaced the pound sterling. In 1973, with the change of the name of the country from British Honduras to Beziz, the c...urrency changed its name: from the British Honduras dollar to the Belize dollar. Despite the fact that the state was part of the “fermentation” zone of the British pound sterling, it based its economy on the US dollar. The Honduran dollar continued its attachment to the US dollar even after the UK abandoned the gold standard in the 1930s. However, at the beginning of the Second World War, British Honduras, along with some other countries, joined the area of circulation of the British currency. And after the devaluation of the British pound in 1949, the Honduran dollar was finally pegged to the US dollar. This fact contributed to a sharp increase in the local currency against the pound. For many years, the exchange rate of the Belize dollar to the US dollar has been at the same mark, equal to 2:1, respectively.