Convert Papua New Guinean Kina to Czech Republic Koruna
Please provide values below to convert Papua New Guinean Kina [PGK] to Czech Republic Koruna [CZK], or Convert Czech Republic Koruna to Papua New Guinean Kina.
How to Convert Papua New Guinean Kina to Czech Republic Koruna
1 PGK = 0.2 CZK
Example: convert 15 PGK to CZK:
15 PGK = 15 × 0.2 CZK = 3 CZK
Papua New Guinean Kina to Czech Republic Koruna Conversion Table
Papua New Guinean Kina | Czech Republic Koruna |
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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.
Czech Republic Koruna
The Czech Republic Koruna (CZK) is the official currency of the Czech Republic, used for all monetary transactions within the country.
History/Origin
The Koruna was introduced in 1993 following the dissolution of Czechoslovakia, replacing the Czechoslovak koruna at par. It has undergone various reforms and decimalization over the years.
Current Use
The CZK is widely used in everyday transactions, banking, and international trade within the Czech Republic. It is also accepted in some neighboring regions and is actively traded on the foreign exchange market.