Convert Papua New Guinean Kina to Macanese Pataca
Please provide values below to convert Papua New Guinean Kina [PGK] to Macanese Pataca [MOP], or Convert Macanese Pataca to Papua New Guinean Kina.
How to Convert Papua New Guinean Kina to Macanese Pataca
1 PGK = 0.519367764915405 MOP
Example: convert 15 PGK to MOP:
15 PGK = 15 × 0.519367764915405 MOP = 7.79051647373108 MOP
Papua New Guinean Kina to Macanese Pataca Conversion Table
Papua New Guinean Kina | Macanese Pataca |
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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.
Macanese Pataca
The Macanese Pataca (MOP) is the official currency of Macau, used for everyday transactions and financial dealings within the region.
History/Origin
Introduced in 1999, the Pataca replaced the Macau pataca, and has since been pegged to the Hong Kong dollar at a fixed rate, reflecting Macau's economic ties with Hong Kong and China.
Current Use
The Pataca remains the primary currency in Macau, widely used for commerce, banking, and tourism-related transactions.