INFORMATION ABOUT KINA
We show the updated today’s value/price of kina (PGK).You can get the exchange from kina to another currency by introducing the value or amount of kina (PGK) in the box and clicking the convert button. This way you can get the kina’s price in relation to other currencies.
INTRODUCTION TO THE KINA
The kina is the official currency of Papua New Guinea since 1975, replacing the Australian dollar. It is used by approximately 7 million four hundred thousand people. You can check the today value of the kina and check its price.
The name “kina” come from the shells of kina, which were traditionally used as currency in New Guinea.
The Bank of Papua New Guinea is the Central Bank of Papua New Guinea founded in 1973. Among its functions there are to issue the currency, to act as a bank and financial agent of the Government, to regulate the banking, the credit and other financial services. It is also responsible for the management of gold, currencies and other international reserves of Papua New Guinea.
Countries that use the currency: New Guinea
Bills: 2, 5, 10, 20, 50, 100 K
Coins: toea = 1/100 of 1 K. 5, 10, 20, 50 toea. 1 K
Issuing Agent: Bank of Papua New Guinea Web: http://www.bankpng.gov.pg/