Convert Papua New Guinean Kina to Mexican Peso
Please provide values below to convert Papua New Guinean Kina [PGK] to Mexican Peso [MXN], or Convert Mexican Peso to Papua New Guinean Kina.
How to Convert Papua New Guinean Kina to Mexican Peso
1 PGK = 0.225238948305639 MXN
Example: convert 15 PGK to MXN:
15 PGK = 15 × 0.225238948305639 MXN = 3.37858422458459 MXN
Papua New Guinean Kina to Mexican 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.
Mexican Peso
The Mexican Peso (MXN) is the official currency of Mexico, used for everyday transactions and financial exchanges within the country.
History/Origin
The Mexican Peso originated in the 19th century, evolving from the Spanish dollar and undergoing various reforms. It was decimalized in 1905 and has experienced multiple currency reforms, including the introduction of the current peso in 1993 to stabilize the economy.
Current Use
Today, the Mexican Peso is widely used in Mexico for all forms of payment, both cash and electronic, and is one of the most traded currencies in Latin America.