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5 Pa'anga

Issuer National Reserve Bank of Tonga
Year 2023
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Shape Rectangular
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Protection type Polymer substrate, Simulated security thread
Protection description Transparent polymer substrate providing inherent security properties; simulated security thread printed into the reverse design of the note.
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Comments

Tonga shifted to polymer for its banknote series in stages, and this 2023 issue continues that transition under the National Reserve Bank, which has operated as the country's central bank since 1989. De La Rue's polymer substrate here — branded as Safeguard — is produced under license from Note Printing Australia, though De La Rue handles the full printing and finishing in London. The "simulated security thread" is a printed optical effect rather than an embedded thread, a cost-driven compromise more common in lower-denomination polymer issues.

TBB#226 is recent enough that secondary market data on survival rates and variety detection remains thin.