Convert Papua New Guinean Kina to Indonesian Rupiah
Please provide values below to convert Papua New Guinean Kina [PGK] to Indonesian Rupiah [IDR], or Convert Indonesian Rupiah to Papua New Guinean Kina.
How to Convert Papua New Guinean Kina to Indonesian Rupiah
1 PGK = 0.000257822703294804 IDR
Example: convert 15 PGK to IDR:
15 PGK = 15 × 0.000257822703294804 IDR = 0.00386734054942206 IDR
Papua New Guinean Kina to Indonesian Rupiah Conversion Table
| Papua New Guinean Kina | Indonesian Rupiah |
|---|
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.
Indonesian Rupiah
The Indonesian Rupiah (IDR) is the official currency of Indonesia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Rupiah was introduced in 1946 to replace the Dutch East Indies gulden. It has undergone various reforms and redenominations over the years, especially following Indonesia's independence and economic changes, to stabilize the economy and control inflation.
Current Use
Today, the Rupiah is widely used across Indonesia for all forms of financial transactions, including cash payments, banking, and digital transactions. It remains the official legal tender of Indonesia.