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Foreign Exchange Rate
Foreign Exchange rates are collected daily from the three Commercial Banks in the
Kingdom, the ANZ, MBF and Westpac Bank of Tonga from which selling rates are
compiled into monthly, quarterly and annual average rate for converting into
currencies of the principal Trading Partners of the Kingdom as shown on Foreign
Trade Reports.
Quarterly and Annual Averages
| |
Foreign Exchange Rates |
Australia
(AUD) |
New Zealand
(NZ) |
United States
(USD) |
Japan
(Yen) |
Europe
(Euro) |
United
Kingdom |
Fiji
(FJD) |
| Annual Averages |
| 2001 |
0.8900 |
1.1265 |
0.4606 |
55.13 |
0.4977 |
0.3127 |
1.0367 |
| 2002 |
0.8198 |
0.9620 |
0.4454 |
15.2869 |
0.4605 |
0.2913 |
0.8450 |
| 2003 |
0.7036 |
0.7867 |
0.4570 |
35.4610 |
0.3999 |
0.2746 |
0.8502 |
| 2004 |
0.6749 |
0.7472 |
0.4972 |
53.8750 |
0.3898 |
0.2668 |
0.8434 |
| 2005 |
0.6587 |
0.7134 |
0.5046 |
55.4700 |
0.3948 |
0.2713 |
0.8365 |
| 2006 |
0.6375 |
0.7442 |
0.4812 |
55.8403 |
0.3774 |
0.2605 |
0.8252 |
| 2007 |
0.5820 |
0.6539 |
0.4906 |
58.4489 |
0.3521 |
0.2429 |
0.7764 |
Source : Annual Foreign Trade
Reports, Statistics Department.
Notes: 1. Rates for selling and buying
overseas currency are somewhat different.
2. Above rates are Tongan rates of the quoted foreign currency.
To convert Tongan currency into foreign currency - multiply by the rate.
3. On February 11, 1991, Tongan currency (Pa'anga) changed the procedure for fixing
the daily value from maintaining parity with Australian dollar (A$) to pegging it to
a specially
constructed basket of the currencies of Tonga's main external partners and
quoting Pa'anga in terms of
the US dollar (US$).
For more information from 2000 to the latest statistics see the Key Stats
Excel work book.
Contact person:
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