Convert Papua New Guinean Kina to Thai Baht
Please provide values below to convert Papua New Guinean Kina [PGK] to Thai Baht [THB], or Convert Thai Baht to Papua New Guinean Kina.
How to Convert Papua New Guinean Kina to Thai Baht
1 PGK = 0.130365136623557 THB
Example: convert 15 PGK to THB:
15 PGK = 15 × 0.130365136623557 THB = 1.95547704935336 THB
Papua New Guinean Kina to Thai Baht Conversion Table
| Papua New Guinean Kina | Thai Baht |
|---|
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.
Thai Baht
The Thai Baht (THB) is the official currency of Thailand, used for all monetary transactions within the country.
History/Origin
The Thai Baht has been the official currency of Thailand since the late 19th century, evolving from the traditional tical and undergoing various reforms, including decimalization in 1897 and a series of currency reforms to stabilize its value.
Current Use
The Thai Baht is widely used in Thailand for everyday transactions, banking, and international trade. It is also traded on the foreign exchange market and is considered a stable currency in Southeast Asia.