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Tonga Exchange Rate

Official exchange rate (LCU per US$, period average)  PA.NUS.FCRF

Tonga's exchange rate was 2.40 in 2025, ranked 136th globally. This represents a 1.1% increase from 2024. Data from World Bank, covering 1960–2025.

2.40 +0.03 (+1.1%)
Year 2025 Rank #136 Global Peak 2.40 (2025) Source World Bank

Tonga Exchange Rate (1960–2025)

Overview

Tonga's exchange rate stood at 2.40 in 2025, a rise of +0.03 from 2024. Based on recent trends, this figure is projected to reach 2.40 by 2025. Tonga ranked 136th globally.

Tonga’s official exchange rate has risen sharply from 0.89 per US dollar in 1960 to a 2025 level of 2.40, placing the kingdom 136th in the World Bank’s global ranking and matching its all‑time peak recorded in the same year. The currency’s lowest point occurred in 1974 when the rate fell to 0.70, after which a gradual depreciation set in, accelerating in the last decade as external debt and tourism‑linked inflows fluctuated. Over the 66‑year coverage period, Tonga’s devaluation has been more pronounced than in peer Fiji, whose 2025 rate stands at 2.31, yet less severe than St. Vincent and the Grenadines at 2.70. The persistent weakening reflects structural vulnerabilities such as limited export diversification and reliance on remittances, while monetary policy adjustments have offered only modest stabilization. If fiscal reforms and a broadened export base take hold, the depreciation trajectory could moderate, potentially restoring some resilience to the exchange rate in the coming years.

Data & projection

Year Exchange Rate YoY change Rank
2027* trend 2.45 - -
2026* trend 2.42 - -
2025* trend 2.40 - -
2025 2.40 +0.03 #136
2024 2.37 +0.01 #71
2023 2.36 +0.04 #70
2022 2.33 +0.06 #69
2021 2.26 −0.03 #69
2020 2.30 +0.01 #69
2019 2.29 +0.05 #70
2018 2.24 +0.03 #70
2017 2.21 −0.01 #70
2016 2.22 +0.11 #71
2015 2.11 +0.26 #71
2014 1.85 +0.07 #68
2013 1.77 +0.05 #65
2012 1.72 −0.01 #65
2011 1.73 −0.18 #68
Show all years (1960-2025)
* Linear trend extrapolation

Detected Pattern

Fiscal Dominance Trap
Government debt exceeding 80% of GDP with real interest rates negative and inflation above 10%. Monetary policy effectiveness impaired by fiscal pressures.
Inflation 11.0% Real rate -1.2%
Occurred 386 times, 278 successful
Inflation
28.2%
Real rate
-4.2%
Inflation
219.9%
Real rate
-47.4%
Inflation
28.3%
Real rate
-7.0%
Inflation
91.4%
Real rate
-26.9%
Inflation
13.6%
Real rate
-0.9%
Inflation
133.5%
Real rate
-17.3%

Analysis

Tonga matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw exchange rate improve within 24 months. View full analysis →

Frequently Asked Questions

What is Tonga's exchange rate?▾

Tonga's exchange rate was 2.40 in 2025. Ranked 136th globally. This represents a 1.1% increase from the previous year.

What was the highest exchange rate in Tonga?▾

Tonga's exchange rate peaked at 2.40 in 2025.

What was the lowest exchange rate in Tonga?▾

The lowest exchange rate in Tonga was 0.70 in 1974.

How does Tonga rank in exchange rate?▾

Tonga ranks 136th globally in exchange rate as of 2025.

What is the World Bank indicator code for exchange rate?▾

The World Bank indicator code is PA.NUS.FCRF. Data sourced from World Bank.

What is the projected exchange rate of Tonga in 2025?▾

Tonga's exchange rate is projected to reach 2.40 by 2025 based on trend extrapolation.

What is the exchange rate of Tonga in 2025?▾

The exchange rate of Tonga in 2025 was 2.40. This ranks 136th in the world.

Cite this page

APA
Tonga Exchange Rate. HistorySaid. Retrieved November 12, 2026, from https://historysaid.com/tonga/exchange-rate/
BibTeX
@misc{historysaid_tonga_exchange-rate, title = {Tonga Exchange Rate}, url = {https://historysaid.com/tonga/exchange-rate/}, publisher = {HistorySaid}, year = {2026} }
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