Convert Papua New Guinean Kina to Swiss Franc
Please provide values below to convert Papua New Guinean Kina [PGK] to Swiss Franc [CHF], or Convert Swiss Franc to Papua New Guinean Kina.
How to Convert Papua New Guinean Kina to Swiss Franc
1 PGK = 5.28292867027299 CHF
Example: convert 15 PGK to CHF:
15 PGK = 15 × 5.28292867027299 CHF = 79.2439300540948 CHF
Papua New Guinean Kina to Swiss Franc 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.
Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency globally.