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The paʻanga is the currency of Tonga. It is controlled by the National Reserve Bank of Tonga in Nukuʻalofa. The paʻanga is not convertible and is pegged to a basket of currencies comprising the Australian, New Zealand, and United States dollars and the Japanese yen.
The paʻanga is subdivided into 100 seniti. The ISO code is TOP, and the usual abbreviation is T$. In Tonga, the paʻanga is often referred to in English as the dollar, the seniti as the cent and the hau as the union. The unit of hau, is not used in everyday life and can be found only on commemorative coins of higher denominations. Wikipedia