Tonga: Exchange rate regimes

* indicates monthly or quarterly data series

Exchange rate regimes

 Latest value 6
 Year 2021
 Measure index points
 Data availability 2008 - 2021
 Average 4
 Min - Max 4 - 6
 Source International Monetary Fund
For that indicator, we provide data for Tonga from 2008 to 2021. The average value for Tonga during that period was 4 index points with a minimum of 4 index points in 2008 and a maximum of 6 index points in 2019. The latest value from 2021 is 6 index points. For comparison, the world average in 2021 based on 186 countries is 5 index points. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Tonga - Exchange rate regimes - Recent values chart

Historical chart
Tonga - Exchange rate regimes - historical chart - 2008-2021

Definition: The data are from the IMF Annual Reports on Exchange Arrangements and Exchange Restrictions. A higher value of the index indicates more exchange rate flexibility: 1 = the country has no independent legal tender; 2 = currency board; 3 = conventional peg; 4 = target zone; 5 = crawling peg; 6 = other managed exchange rate regimes; 7 = floating regime. The IMF categorization does not include currency unions. Instead, it assigns to the member country the regime of the union it is a part of. For example, all EMU members are assigned a floating exchange rate regime. The data begin with the latest change of the IMF categorization in 2008.

 Related indicators Latest value Reference Measure
 Inflation 11.0 2022 percent
 Exchange rate regimes 6 2021 index points
 USD exchange rate 2.3907 9/2023 Local Currency Units per USD
 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
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