Convert Papua New Guinean Kina to Philippine Peso
Please provide values below to convert Papua New Guinean Kina [PGK] to Philippine Peso [PHP], or Convert Philippine Peso to Papua New Guinean Kina.
How to Convert Papua New Guinean Kina to Philippine Peso
1 PGK = 0.0737483382301031 PHP
Example: convert 15 PGK to PHP:
15 PGK = 15 × 0.0737483382301031 PHP = 1.10622507345155 PHP
Papua New Guinean Kina to Philippine Peso Conversion Table
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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.
Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.