Convert Papua New Guinean Kina to Guinean Franc
Please provide values below to convert Papua New Guinean Kina [PGK] to Guinean Franc [GNF], or Convert Guinean Franc to Papua New Guinean Kina.
How to Convert Papua New Guinean Kina to Guinean Franc
1 PGK = 0.000482957546727471 GNF
Example: convert 15 PGK to GNF:
15 PGK = 15 × 0.000482957546727471 GNF = 0.00724436320091206 GNF
Papua New Guinean Kina to Guinean Franc Conversion Table
Papua New Guinean Kina | Guinean Franc |
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Papua New Guinean Kina
The Papua New Guinean Kina (PGK) is the official currency of Papua New Guinea, used for all monetary transactions within the country.
History/Origin
Introduced in 1975, replacing the Australian dollar, the Kina was established to establish a national currency and promote economic independence for Papua New Guinea.
Current Use
The Kina is actively used in everyday transactions, banking, and trade within Papua New Guinea, with coins and banknotes issued by the country's central bank, the Bank of Papua New Guinea.
Guinean Franc
The Guinean Franc (GNF) is the official currency of Guinea, used for all monetary transactions within the country.
History/Origin
The Guinean Franc was introduced in 1959, replacing the French CFA franc, following Guinea's independence, and has undergone various redenominations since then.
Current Use
Today, the GNF is used exclusively within Guinea for everyday transactions, banking, and trade, and is issued by the Central Bank of the Republic of Guinea.