Tongan pound - Misplaced Pages

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

History

Initially, sterling circulated as the Tongan currencies, supplemented from 1921 by banknotes issued by the Tongan government. The notes were denominated in sterling and included the rather unusual denomination of 4 shillings. When the Australian pound devalued relative to 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 the money in their sterling accounts were to be considered as sterling or the Australian pound, and clarification was sought. In 1936, one Tongan pound was devalued to be worth 16 shillings sterling, setting the Tongan pound equal to the Australian pound. Existing banknotes had the word "sterling" overstamped, later issues omitted the word altogether. In 1967, the pound was replaced by the pa'anga at a rate of £1 = T$2.

Banknotes

In 1921, £5 notes were introduced, followed by notes for 4/– and 10/– and £1 in 1933. 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

v t e Currency units named pound, lira, or similar
Circulating	Egyptian pound Lebanese pound Pound sterling Alderney pound Falkland Islands pound Gibraltar pound Guernsey pound Jersey pound Manx pound Saint Helena pound South Sudanese pound Sudanese pound Syrian pound Turkish lira
Local alternative currency	Bristol pound Brixton pound Exeter pound Lewes pound Liverpool pound Stroud pound Totnes pound
Defunct	Aeginetan mina AM-Lira Angevin pound Attic mina Australian pound Bahamian pound Bermudian pound Biafran pound British West African pound Byzantine litra Canadian pound Connecticut pound Cypriot pound Delaware pound Fijian pound French livre Livre parisis Livre tournois French colonial livre Guadeloupe livre Haitian livre New France livre Saint Lucia livre Gambian pound Georgia pound Ghanaian pound Irish punt Israeli lira Italian lira Italian East African lira Italian Somaliland lira Jaca pound Jamaican pound Japanese government-issued Oceanian pound Jersey livre Libyan pound Lombardo-Venetian lira Luccan lira Luxembourg livre Malawian pound Maltese pound Maryland pound Massachusetts pound New Brunswick pound 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 Ottoman lira Palestine pound Papal lira Parman lira Pennsylvania pound Peruvian libra Pound Scots Prince Edward Island pound Rhode Island pound Rhodesian pound Rhodesia and Nyasaland pound Roman pound Sammarinese lira Sardinian lira Solomon Islands pound South Carolina pound Southern Rhodesian pound South African pound South West African pound Tongan pound Tripolitanian lira Tuscan lira Vatican lira Venetian lira Virginia pound Western Samoan pound Zambian pound
Historical antecedents (mass)	Roman pound (libra) Moneyer's pound (England) Grzywna (Grivna)
See also	Pound sign (£) Dinar Pound (mass) (℔) Roman currency Carolingian monetary system £sd

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Categories:

History

Banknotes

See also

References

External links