Tonga: USD exchange rate

* indicates monthly or quarterly data series

USD Exchange rate

 Latest value 2.3676
 Reference March 2024
 Measure Tongan Pa’angas per USD
 Data availability August 2004 - March 2024
 Average 2.0716
 Min - Max 1.6356 - 2.4337
 Source Google Finance
The currency chart for Tonga shows historical data for the Tongan Pa’angas per USD exchange rate. These are monthly averages and not end-of-month currency values. An increase means depreciation against the USD as one can exchange more Tongan Pa’angas per USD. Depreciation implies that goods from Tonga become cheaper to export and it becomes cheaper for foreigners to visit Tonga.

The series for Tonga are available from August 2004 to March 2024. For that period, the average exchange rate for Tonga was 2.0716 Tongan Pa’angas per USD with a minimum of 1.6356 Tongan Pa’angas per USD in August 2011 and a maximum of 2.4337 Tongan Pa’angas per USD in October 2022. The most recent available data point is 2.3676 Tongan Pa’angas per USD, a change of 0.01% from the previous data point of 2.3674 Tongan Pa’angas per USD and a change of 0.45% from a year ago when the level was 2.3571 Tongan Pa’angas per USD.

Currency values in Tonga and elsewhere have different driving forces over the short-run and the long-run. Countries may have fixed or floating exchange rate regimes or be part of monetary unions. They may experience currency crises. These and other issues are discussed in detail on our Exchange rate page.
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* indicates monthly or quarterly data series

Recent values chart
Tonga - USD exchange rate - recent values

Historical chart
Tonga - USD exchange rate - historical chart - 2004-2024
Measure: Tongan Pa’angas per USD
Source: Google Finance

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Definition: The amount of local currency units that can be exchanged for one USD. An increase (decrease) means USD appreciation (depreciation). The values are monthly averages of the daily exchange rates provided by Google Finance.

 Related indicators Latest value Reference Measure
 Inflation 11.0 2022 percent
 Money supply (broad money) 0.67 9/2022 billion
 Consumer Price Index (CPI) 120.8000 Q3/2022 index points
 Inflation, monthly 3.16 Q3/2022 percent
 Inflation, annual 14.07 Q3/2022 percent
 Private sector credit 0.32 9/2022 billion
 Deposit interest rate 3.49 Q3/2022 percent
 Business credit interest rate 7.43 Q3/2022 percent
 Mortgage credit interest rate 8.12 Q3/2022 percent
 USD exchange rate 2.3907 9/2023 Local Currency Units per USD
 Exchange rate regimes 6 2021 index points
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