Tongan pound

The pound was the currency of Tonga until 1967. It was subdivided into 20 shillings, each of 12 pence.

History

Initially, British currency circulated. This was supplemented, from 1921, by banknotes issued by the Tongan government. The notes were marked as sterling and included the rather unusual 4 shillings denomination. When the Australian pound devalued relative to the pound sterling at the beginning of the Great depression, this caused considerable confusion on the smaller islands of the British Western Pacific. In the mid-1930s people in these islands were asking whether or not their sterling accounts were to be considered as the United Kingdom unit, or the Australian unit. Clarification was sought. In 1936, the Tongan pound was devalued to £1 5s = 1 pound sterling, thus setting the Tongan pound equal to the Australian pound. Later issues of banknotes had the word "sterling" crossed out, then removed all together. In 1967, the pound was replaced by the pa'anga at a rate of 1 pound = 2 pa'anga.

For a more general view of history in the wider region, see history of pound sterling in Oceania.

Banknotes

In 1921, 5 pounds notes were introduced, followed, in 1933, by notes for 4 and 10 shillings and 1 pound. These four denominations were issued until 1966.

References

Pick, Albert (1994). Standard Catalog of World Paper Money: General Issues. Colin R. Bruce II and Neil Shafer (editors) (7th ed.). Krause Publications. ISBN 0-87341-207-9.

External links

Currencies named pound or similar

Current	Pound sterling: (Alderney pound • Falkland Islands pound • Gibraltar pound • Guernsey pound • Jersey pound • Manx pound • Saint Helena pound) Egyptian pound Lebanese pound South Sudanese pound Sudanese pound Syrian pound Turkish lira

Local alternative currency	Bristol Pound Brixton Pound Lewes Pound Stroud Pound Totnes Pound

Defunct	Anglo-Saxon pound Australian pound Bahamian pound Bermudian pound Biafran pound British West African pound Canadian pound Connecticut pound Cypriot pound Delaware pound Fijian pound French livre French colonial livre Gambian pound Georgia pound Ghanaian pound Haitian livre Irish pound Israeli pound Italian lira Jamaican pound Japanese government-issued Oceanian Pound Libyan pound Livre tournois Lombardo-Venetian pound Luccan pound Malawian pound Maltese pound Maltese lira Maryland pound Massachusetts pound New Brunswick pound New France livre New Guinean pound New Hampshire pound New Jersey pound New York pound New Zealand pound Newfoundland pound Nigerian pound North Carolina pound Nova Scotian pound Oceanian pound Ottoman lira Palestine pound Papal lira Paris livre Parman lira Pennsylvania pound Pound Scots Prince Edward Island pound Rhode Island pound Rhodesian pound Rhodesia and Nyasaland pound Sammarinese lira Sardinian lira Solomon Islands pound South Carolina pound Southern Rhodesian pound South African pound South African Republic pound South West African pound Tongan pound Tuscan pound Vatican lira Virginia pound West Indian pound Western Samoan pound Zambian pound

See also	Dinar Pound sign Troy pound

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Tongan pound

History

Banknotes

See also

References

External links